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Safe-T Group Launches Breakthrough Residential Proxies Network to Support the Multibillion Dollar Sneaker Resale Market

The New Residential Network Product is a Synergy Between Safe-T’s Business IP Proxy Platform and its Consumer IP Proxy Solutions

HERZLIYA, Israel, February 12, 2021 – Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure access solutions and intelligent data collection, has launched a new residential network for the multibillion-dollar sneaker resale market. The new product is the first synergy realization of the recent acquisition made by Safe-T. It utilizes the unique and advanced network capabilities of Safe-T’s business Internet Protocol (IP) proxy platform and its consumer IP proxy solutions.

The static residential proxy network is based on the deployment in a large number of residential Internet Service Providers (ISPs) worldwide that Safe-T will package into an effective proxy solution, providing over 100,000 potential customers with the best access to sneaker releases and maximize success in the purchase of high demand items within the sneaker resale market.

The new product is a breakthrough in residential proxies, as it solves many of the historical challenges with residential networks. It eliminates the need to have a bandwidth limit and creates a dedicated static IP for each user. The end result is a highly effective proxy, that will remain stable during heavy traffic and will save customers from additional bandwidth charges.

“We are excited to launch the first product that implements synergies between these two different IP proxy solutions. Our IP proxy platform is used by various business verticals, one of which is the sneaker resale market. We believe that the new residential network product is one of many possible offerings that can open our unique platform for additional business segments,” said Shachar Daniel, CEO of Safe-T.

About Version 2 Limited
Version 2 Limited is one of the most dynamic IT companies in Asia. The company develops and distributes IT products for Internet and IP-based networks, including communication systems, Internet software, security, network, and media products. Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 Limited offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Safe-T® Group Ltd.
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of Zero Trust Access solutions which mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. Safe-T’s cloud and on-premises solutions ensure that an 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 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.

Safe-T’s wide range of access solutions reduce organizations’ attack surface and improve their ability to defend against modern cyberthreats. As an additional layer of security, our integrated business-grade global proxy solution cloud service enables smooth and efficient traffic flow, interruption-free service, unlimited concurrent connections, instant scaling and simple integration with our services.

With Safe-T’s patented reverse-access technology and proprietary routing technology, organizations of all size and type can secure their data, services and networks against internal and external threats.