StockMarketWire.com - Security software company Kape hailed he said it had saved $1.7m in annualised costs after integrating Zenmate into group. The company also said it had launched two new products.

Zenmate, acquired in October last year, was 'proving highly complementary to CyberGhost in its target geographies and demographic,' the company said.

Kape also said it had launched the ZenMate Ultimate app, which adopts a new infrastructure with central developments including augmented location features, server security improvements, a mobile connection checker and faster speeds.

'The launch of both ZenMate Ultimate and ZenMate Pulse should further increase Kape's addressable market in the privacy-led cybersecurity space, and is an excellent example of how we continue to organically invest in our products,' it added.

announces an update regarding ZenMate, the specialist virtual private network ("VPN") solution provider, which the Group acquired in October 2018.


At 8:59am: [LON:KAPE] Kape Technologies Plc share price was +0.7p at 81.5p



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