NetworkNewsBreaks – Data443 Risk Mitigation Inc.
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Data443 (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” today announced an additional contract renewal with a long-time, multinational fintech client. According to the announcement, the client provides payment technology and services to merchants, issuers and consumers, annually transferring over 10 million sensitive files for thousands of partners. Data443, a trusted solutions provider to the client (originally as a customer of DATAEXPRESS(R)), has provided secure, reliable partnership for the clients’ Managed File Transfer (“MFT”) solution. Data443’s Data Placement Manager securely processes thousands of sensitive data files on an hourly basis for its clients around the globe. “Today’s announcement continues a trend of growing momentum in our client renewals, enhancing our sales and emphasizing driving recurring revenue,” said Jason Remillard, CEO and founder of Data443. “The response from our clients has been overwhelmingly positive when pursuing contract renewals, leading to a very full sales funnel that can meaningfully contribute to growing our top line over the next several months. This contract renewal also validates our core acquisition strategy to scale up our business by acquiring long-established companies, incorporating their technology stack and customer base, and delivering world-class service that leads to greater renewals and up-sell opportunities. Our clients’ multimillion-dollar investments in Data443 product lines drive our focus and passion for exceeding our client’s expectations and for All Things Data Security(TM).”
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