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New Approval Accelerates Procurement Cycle of Safe-T’s ZoneZero® Solutions and Increases Addressable Market with Federal Government Agencies

HERZLIYA, Israel, April 26, 2021 — Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure access solutions and intelligent data collection, today announced that its ZoneZero® solution, developed by its wholly owned subsidiary, Safe-T Data A.R Ltd., has received U.S. General Services Administration (GSA) registration approval under the Federal Government’s Multiple Award Schedule (MAS) for Industrial Products and Services. The approval was given through the company’s lead distributor in North America, Philemon Security USA (“Philemon”), and its channel partners.

The GSA serves as the acquisition and procurement arm of the U.S. federal government, helping public agencies at the federal, state, and local levels access products and services from pre-approved vendor lists without the lengthy procurement process. Through GSA’s MAS, federal government agencies can now buy Safe-T’s Zero Trust Network Access solutions and gain secure access for their departments, agencies, and third-party businesses.

“Following our addition to the SEWP contract vehicle, the GSA schedule approval offers an even wider potential customer base and enables an easier process for federal agencies to purchase our solutions. In less than a month, our newly added partner in North America, Philemon, greatly advanced our position and opened up additional opportunities in the biggest market for our solutions,” said Shachar Daniel, Chief Executive Officer of Safe-T.

“Securing GSA approved vendor status aligns with Philemon’s and Safe-T’s ability to provide government agencies access to new innovative solutions to replace current outdated technology,” said Keith Mortier, Chief Executive Officer of Philemon.

Safe-T’s innovative ZoneZero® solution is an ideal fit for the defense and federal sectors, as secure access is vital for all business aspects. Safe-T’s ZoneZero® unifies all remote access needs in one zero-trust network access solution: human users (VPN users, non-VPN users, internal users), applications, APIs, and connected devices. It grants secure access to all corporate resources, applications, and services, including Web, SSH, RDP, SFTP, thick applications, proprietary applications, SMB, TCP, APIs, and more. ZoneZero® applies Zero Trust security models by orchestrating authentication first, access later concepts, with strong and continuous authentication, and multifactor authentication to all resources.

Earlier this month, the company’s solutions were added as an approved vendor to NASA’s solution for enterprise-wide procurement contract vehicle (SEWP). All U.S. federal agencies, including the Department of Defense, and government contractors are able to purchase ICT and AV solutions (equipment and services) from SEWP-authorized resellers. NASA’s SEWP-V is a United States Government-Wide Acquisition Contract authorized by the U.S. Office of Management and Budget and managed by NASA.

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.