Here's a little research and history that may be of interest to newbies!
"Wangle will use this
new technology in its latest product offering
‘Wangle Insights and Family Protection’, bolstering the offering of the Wangle App and broadening the audience to an additional 854,000 Australian customers who believe it’s important to manage their family’s internet content."
From the announcement link below back in July last year.
http://www.asx.com.au/asxpdf/20160727/pdf/438ts5hzs2psng.pdf
Cyber Safety definitely the space to be in right now as cyber bully and online abuse a very hot topic.
https://www.cnbc.com/2017/10/11/int...-to-pay-a-uk-levy-to-tackle-online-abuse.html
https://www.uktech.news/news/govern...uk-govt-crack-down-on-cyber-bullying-20171011
Question is where to from here?
Back in VTX days the path ahead did show Cyber Safety as a possible revenue vertical, well here we are!
When our new CEO came on board I'm sure he new very well what was the best path for his little beauty for a total clean sweep using the patent pending VPN technology!
WANGLE TO EXTEND ITS VPN PRODUCT PLATFORM TO INCLUDE FAMILY AND ENTERPRISE SECURITY
Wangle Technologies Limited (ASX: WGL) (Wangle or Company) is pleased to release the following CEO update to shareholders detailing strategy and associated releases for the coming year.
Summary
- Wangle CEO has conducted a full organisational and technical review of the Company in order to focus the business, align resources, streamline costs and to set a commercial roadmap for the future.
- Proprietary data capture and real-time analytic capabilities to underpin 2 new commercial strategies for Wangle.
- Commercial Model 1 (Wangle VPN App) to focus initially on the mobile VPN market for Australians at home and travelling abroad with scale to occur concurrently with models 2 and 3 globally.
- Commercial Model 2 (Wangle Family Insites) to focus on real-time data analysis of child and early teen internet use for the purposes of identifying risk behaviours utilising our patented.
- Commercial Model 3 (Wangle Enterprise Mobile VPN) to focus on corporate mobile device cyber security and IP protection via our proprietary real-time data capture and analysis technologies.
- Each commercial model to build on the capabilities of the underlying platform, driving economies of shared infrastructure and operational expense.
- During the past two months CEO and Managing Director Mr Sean Smith has undertaken a review of the operational, strategic and commercial plans of Wangle in order to ensure the Company delivers on commercial objectives and shareholder return. Mr Smith has focused on previously communicated business models and made assessments on the commercial viability and long term value of each model in order to build the strategic plan.
- Mr Smith has also reviewed staffing structures, the technology platform and the Company's capability to deliver on its strategic and commercial plans. This process has allowed the formulation of the strategic plan, the assigning of resources where needed, and the ability to focus the business on executing the plan quickly and thoroughly.
http://www.asx.com.au/asxpdf/20170406/pdf/43hbf5zl24g5b1.pdf
Good on ya Sean!
Cheers,
Jocko.
