BrandShield Contract Win in Cosmetics Sector
20 July 2021
BrandShield Systems plc
("BrandShield", or the "Company")
BrandShield Contract Win in Cosmetics Sector
BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, is pleased to announce that it has completed a contract with a customer in the personal care industry. This has added to a growing number of customers in that industry that have subscribed to BrandShield's SaaS based threat hunting solution in 2021.
The customer is one of a fast growing number of small and medium enterprises ("SMEs") who are identifying the need to source online brand protection solutions as they seek to grow through online channels such as Tik Tok and Instagram. A huge amount of early-stage brands are focusing on social media channels and rely almost exclusively on exposure on social media networks to raise brand awareness. Consequently, they become most at risk from fraudulent activity seeking to divert customers to counterfeit products or impersonation presences.
Yoav Keren, co-founder and CEO of BrandShield, said:
"BrandShield's platform identifies, prioritises and then assists in the rapid removal of all impersonation activities and counterfeit sales on all social media networks, as well as online marketplaces and stand-alone fraudulent websites to which potential customers are diverted towards.
BrandShield has a unique capability using clustering technologies, networks detection and big data analysis to trace the money trail of these counterfeiters from the promotional activity they perform in the social media environment to the sale on an online marketplace. The growth of our client base in the SME space is particularly strong as more companies recognise the absolute requirement to protect not only their internal systems, but their brand in the external internet based sphere of influence. The source of potential clients of this type is almost limitless."
For further information please visit https://www.brandshield.com/ or contact:
|
BrandShield Systems plc Yoav Keren, CEO |
+44 (0)20 3143 8300 |
|
Spark Advisory Partners Limited (Nominated Adviser) Neil Baldwin / Andrew Emmott / James Keeshan
|
+44 (0)20 3368 3554 |
|
Shore Capital (Joint Broker) Toby Gibbs / James Thomas (Corporate Advisory) Henry Willcocks (Corporate Broking)
|
+44 (0)20 7408 4090 |
|
Tennyson Securities (Joint Broker) Peter Krens
|
+44 (0)20 7186 9033
|
|
VSC (PR Agency US) Justin Higgins
|
- ENDS -
About BrandShield
BrandShield is a leading cybersecurity company founded in Israel by cybersecurity experts that protect the world's largest brands and consumers from phishing attacks, online fraud, and other online threats posed by dangerous cybercriminals. Through its AI/ML platform, BrandShield identifies, tracks, and eliminates online threats for global brands and organizations, including Bristol Myers Squibb, Levi's, NewBalance, Swisscom, and the Pharmaceutical Security Institute. BrandShield is listed on the London Stock Exchange AIM under ticker symbol BRSD. To learn more about BrandShield, please visit the company website at www.BrandShield.com .
About Reach announcements
Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.
For more information, please contact:
Ross Copping
T: 020 3983 8298
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 2 minutes ago Vanquis Banking Group 20
- 2 hours ago Frasers Group
- 2 hours ago Cavendish Financial
- 2 hours ago Diaceutics
- 2 hours ago AB Dynamics