27 Nov 2024 18:07 CET

Issuer

FACEPHI BIOMETRIA S.A

Facephi Signs Alliance with HAMI to Boost Cybersecurity in Saudi Arabia

  • The collaboration aims to strengthen digital security in strategic sectors such as finance, transportation, healthcare, and government services in Saudi Arabia.

  • This alliance integrates Facephi's identity verification solutions with HAMI's cybersecurity technologies, advancing the country's digital transformation in alignment with Vision 2030 goals.

  • Facephi’s Partners strategy continues to strengthen, enabling the Company to accelerate its international expansion in a cost-effective and efficient manner.

Alicante, November 27th, 2024 - Facephi Biometría, S.A. (BME Growth: FACE; Euronext Growth Paris: ALPHI) (“Facephi” or the “Company”), a global leader in digital identity protection and verification, has announced a strategic alliance with HAMI Advanced ICT Digital Security Company, a Saudi Arabia-based cybersecurity provider.

This partnership combines Facephi’s advanced identity verification solutions with HAMI’s comprehensive cybersecurity technologies to transform digital security across key sectors, including finance, transportation, healthcare, and government services. The collaboration addresses the growing need for secure authentication in the region, aligning with the Kingdom of Saudi Arabia's Vision 2030 objectives for digital transformation and cybersecurity.

Javier Mira, Chairman of the Board, stated: “This alliance with HAMI reaffirms Facephi's commitment to technological innovation, providing biometric solutions that safeguard identities and enable secure digitization in strategic markets such as Saudi Arabia. This agreement adds to the growing list of alliances reached in 2024 across Iraq, Jordan, Pakistan, Poland, Uganda, and South Africa. It aligns with our strategy to sustain accelerated growth in new geographic regions and industries in a more profitable and efficient manner.”

About Facephi

Facephi is a technology company specialising in digital identity protection and verification and noted for its focus on data security and integrity. Its products are designed to create safer, more accessible fraud-proof processes to prevent identity theft and ensure ethical processing of data of a personal nature.

Facephi has more than a decade of experience in the development of technologies aimed at protecting the digital identity of people. With head offices in Spain and subsidiaries in APAC, EMEA and LATAM, Facephi serves the needs of more than three hundred customers across twenty-five countries worldwide, providing innovative solutions that address security challenges in a constantly-evolving digital environment.

About HAMI

HAMI Advanced ICT Digital Security Company is a pioneering digital security firm specializing in the application of artificial intelligence to reinvent cybersecurity. Its mission is to protect organizations of all sizes in an increasingly connected digital environment, offering high-quality, industry-leading cybersecurity solutions. HAMI focuses on predicting, preventing, detecting, and responding to cyberattacks, ensuring continuous protection of its clients' digital assets.

Further information and contact

Investors: Facephi – antoniojorge@facephi.com 

 

nov-27-2024-saudi-arabia.pdf

Source

FACEPHI

Provider

Euronext

Company Name

FACEPHI

ISIN

ES0105029005

Symbol

ALPHI

Market

Euronext Growth