DATA443 CONTINUES RECORD GROWTH WITH THIRD QUARTER REPORT OF INCREASED REVENUES & BOOKINGS

Corporate Rebranding and Customer Demand Helps to Lead 113% and 88% Increase in Revenue for Three and Nine Months Ended September 30, 2021

RESEARCH TRIANGLE PARK, NC, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, today announced operating results for the third quarter and nine months ended September 30, 2021.

Significant Accomplishments and Highlights for the Third Quarter of 2021:

• Total revenues increased 113% year-over-year
• Net loss decreased 35% year-over-year
• Significant new customer wins, renewals, and new proofs of concept initiated
• Major product releases across the product line, including new capabilities for Covid-19 sensitive and ransomware encrypted documents
• Significant progress towards major-market up-list attained
• New infosec tier-1 analyst firm onboarding – including individual analyst briefings and roadmap reviews
• Completed corporate rebrand, coinciding with analyst first initiation and busy conference season throughout the fourth quarter
• Signed letter of intent to acquire ransomware protection innovator, Centurion Technologies

Announced Contract Wins for the Third Quarter of 2021:

• Signed largest customer contract for Data44 (to date) with the world’s largest global financial services corporation for a minimum of $1.54 million over three and ½ years for the Company’s market-leading Data Placement Manager (formerly marketed as DATAEXPRESS Non-Stop)
• Signed education system based in the Caribbean for Data443’s Data Archive Manager to provide for on-island and off-island email and data archiving, retention, privacy, and eDiscovery capabilities
• Signed contract with Fitness Finders to utilize Data443 Data Identification Manager product to protect and comply with the CCPA and other US privacy laws
• Expanded services for its Sensitive Content Manager platform (formerly “ARALOC”) with a long-standing client, a Fortune 500 non-profit healthcare provider
• Signed multi-year deal to provide retention management, e-discovery, and data migration capabilities for one of the largest domestic wholesale electric energy suppliers
• Signed multi-year agreement with a local government in the Asia-Pacific region for several components of the Data443 framework
• Entered into a new contract with the national self-regulatory organization for a segment of the U.S. financial markets for its Data Archive Manager (formerly known as ArcMail)
• Entered into a new one-year contract with a major global merchant and payment processing provider, part of one of the world’s largest banks
• Entered into a new multi-year recurring agreement with Fortune 500 FinTech company that employs over 60,000 people in over 100 countries, processing trillions of dollars in transactions annually
• Renewed contract for its Access Control Manager platform (formerly “Resilient Access for Box.net”) with one of the world’s largest cable TV, home internet, and telephone providers
• Extended contract for its Sensitive Content Manager platform (formerly “ARALOC Secure Sports Management”) with the Pittsburgh Steelers of the National Football League