The new executive brings a wealth of knowledge to the company, having spent 27 years in Silicon Valley and worked in various sizes of companies from start-ups to IBM

TORONTO, ON – May 15, 2020 — / — GlobeX Data Ltd (CSE:SWIS) (OTCMKTS:SWISF), the cyber security and privacy solutions provider, said today that experienced Silicon Valley professional Amir Assar has joined the company’s board to create long-term value for the company.

Amir Assar
Photo: Amir Assar

Assar has nearly three decades of experience in technology sales and leadership and is presently AVP Sales at financial management software vendor Workday Inc. Prior to this, Assar was a key executive at Adaptive Insights, where he was instrumental in establishing Adaptive as a leader in the financial data analytics market, culminating in an IPO filing in June of 2018 and eventual acquisition by Workday for $1.55 billion in August 2018.

Assar started his career in 1993 at Actel Corporation as the Western US director of sales. Actel was later acquired by Microsemi Corp, a California-based semiconductor and systems solutions provider for the aerospace, defense, data center and industrial markets. He went on to work for successful start-ups in Silicon Valley including Annuncio Software (acquired by PeopleSoft), NetScaler (acquired by Citrix), DataPower (acquired by IBM), and IBM where he held senior sales and leadership positions.

Assar said he has seen GlobeX data grow from its infancy as “a secure data backup provider” into a company that is now offering “a broad range” of internet privacy solutions.

“GlobeX Data is one of the most innovative companies in the cybersecurity space, and they have made great strides in developing cutting edge data privacy and secure communication solutions that are practical and easy to use for both individuals and businesses,” the new appointee said in a statement.

Alain Ghiai
Photo: Alain Ghiai

“I feel privileged to have the opportunity to join GlobeX Data’s Board of Directors, and work closely with its CEO, Alain Ghiai, whom I admire as a successful entrepreneur and a thought leader,” he added.

Ghiai said he was “very excited” to have Assar as a board member as the company moved to the next step of growth.

Amir is the perfect person to have on our Board as we make this transition. I’ve known Amir for close to 30 years and have always admired his knowledge of the industry, his work ethics and his ability to manage situations with great diplomacy,” the CEO added.

Amir brings a wealth of knowledge to the company, having spent over 27 years of his career in Silicon Valley and having worked in various sizes of companies from startups to IBM. We are all looking forward to learn from his experience and have him help us grow GlobeX Data.”

The company also said David Ryan had stepped down from the board and the group thanked him for his “valuable and loyal services” during the company’s IPO.

GlobeX Data designs and develops Swiss hosted cybersecurity and Internet privacy solutions for secure data management and secure communications.

About GlobeX Data Ltd.
GlobeX Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. GlobeX Data Ltd. sells its products through its approved wholesalers and distributors, and telecommunications companies worldwide. GlobeX Data Ltd. serves consumers, businesses and governments worldwide.

For more information please contact GlobeX Data at or visit at

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Forward Looking Information
This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. GlobeX cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond GlobeX’s control. Such factors include, among other things: risks and uncertainties relating to the future of the Company’s business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company’s ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in GlobeX’s prospectus dated May 8, 2019 filed with the Canadian Securities Administrators and available on Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GlobeX undertakes no obligation to publicly update or revise forward-looking information.

On behalf of Management
Alain Ghiai
President and Chief Executive Officer

Source: GlobeX Data Ltd.




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