PRESS RELEASE

Safe-T Signs Partner Agreement with ELCA for the Resale of its Zero Trust Network Access (ZTNA) Solution

Jun 10, 2021

HERZLIYA, Israel, June 10, 2021 – Safe-T® Group Ltd. (Nasdaq, TASE: SFET), a provider of secure access solutions and intelligent data collection, today announced that its wholly owned subsidiary, Safe-T Data A.R Ltd., has partnered with ELCA Informatique SA (“ELCA”), the largest independent IT and cybersecurity consultancy company in Switzerland, to expand its global presence with the resale of Safe-T’s products and solutions in the Swiss market.

Through this strategic partnership, ELCA will offer Safe-T’s solutions to its enterprise customers in various sectors, such as financial services, defense, energy, healthcare and other industries.  Safe-T’s ZoneZero® family of ZTNA solutions will be offered as an on-premises deployment or as a cloud service, to protect the enterprise customers’ critical and sensitive data.

ELCA is the largest independent IT and cybersecurity consultancy company in Switzerland with over 1,400 specialists, mostly IT professionals. Founded in 1968, ELCA is a well-established company with a strong presence in the Swiss market and offices in Lausanne, Zurich, Geneva, Bern and Basel, providing high-quality, innovative solutions to hundreds of customers in a wide range of industries, including financial services, defense, manufacturing, energy, healthcare, transportation and logistics, and ended 2020 with annual revenues of CHF 172 million.

Safe-T’s ZTNA solutions grant access to applications on a need-to-know basis, while giving users fast and seamless access to the resources they need. This creates a “verify-first, access-second” zero-trust approach across an organization’s applications, enabling enhanced security, greater visibility, and better user experience. It controls the access to internal services and utilizes third-party identity providers such as Microsoft, Okta Solutions, Duo Security, and Fortinet to authenticate each user.

“Safe-T is a recognized leader in highly specialized solutions to keep organizations safe from malicious attacks and data leakages, by securing the access to the data and application. Safe-T’s solutions are a perfect complement for us,” said Fabrice Guye, Senior Business Development and Sales Manager at ELCA. “Safe-T’s know-how and international expertise will help us to strengthen our offering and partnerships in Switzerland.”

“ELCA is a highly valued partner with its well-recognized brand and diversified customer base and is a great strategic fit for us to introduce our innovative solutions to the Swiss market. We are already working together to spread the word about Safe-T’s ZTNA solutions among ELCA’s partners,” said Avi Rubinstein, Safe-T’s Chief Business Officer. “We have long enabled organizations to create a true zero-trust framework. We look forward to bringing our leading security solution to Switzerland, one of the most advanced markets in Europe.”

About ELCA

ELCA is one of the biggest independent Swiss full-service providers for business and technology solutions, and a leader in the fields of IT business consulting, software development and maintenance, and IT systems integration. ELCA solutions reduce complexity and increase innovation cycles, improve business outcomes and customer satisfaction. The privately-owned company has branches in Lausanne, Zurich, Geneva, Berne, Paris, Madrid, Basel, Granada, Mauritius and Ho Chi Minh City (offshore development).

About Safe-T®

Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of access solutions and intelligent data collection.

Our cloud and on-premises solutions mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organization’s access use cases, whether into the organization or from the organization out to the internet, are secured according to the “validate first, access later” philosophy of Safe-T’s zero trust. This means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network or in the cloud.

The wide range of access solutions, empowered by our patented reverse-access technology and proprietary routing technology, reduce organizations’ attack surface, improve their ability to defend against modern cyberthreats and enable them smooth digital transformation and to safely migrate to the cloud.

We also offer intelligent data collection cloud service, based on our world’s fastest and most advanced and secured business proxy network which enables clients to collect accurate, transparent and sensitive data from public online sources.

Safe-T’s solutions on AWS Marketplace are available here

For more information about Safe-T, visit www.safe-t.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses the potential of the partnership with ELCA, the benefits of the partnership and the potential of Safe-T ZoneZero® solutions, that Safe-T’s know-how and international expertise will help ELCA to strengthen their offering and partnerships in Switzerland and introduction of ZoneZero®’s solutions to the Swiss market. Because such statements deal with future events and are based on Safe-T’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Safe-T’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 22, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.

SAFE-T CONTACT:

Maya Meiri

+972(0)52 3259171

[email protected]

ELCA CONTACT:

Francesco Laratta, Senior Communication Manager
+41 44 456 37 49

[email protected]

SAFE-T INVESTOR RELATIONS CONTACTS:

Chris Tyson
MZ Group – MZ North America
469-778-7844
[email protected]
www.mzgroup.us

Michal Efraty

+972-(0)52-3044404
[email protected]

Dafna Lipowicz

VP of Human Resources

In her role, Dafna leads all HR activities at Safe-T, including: partnering with management team to advance and support the company vision and strategy, developing strategic HR plans and policies (training, compensation and benefits, etc.), organizational and managers development, recruitment and welfare. Dafna brings to Safe-T more than 17 years of experience in various HR managerial roles, in global and complex organizations as well as in growing start-ups (such as SanDisk, Logic Industries and Mantis Vision), specializing in establishing and leading HR departments, initiating and building organizational development, according to company strategy, management consultant, talent management and recruitment. Dafna holds both an LLB and an MA in Labor Studies from Tel Aviv University. She is also a certified mediator and group facilitator.

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