Wangle Technologies Ltd's (ASX:WGL) Wangle app offers increased speeds and significantly lower data consumption, as well as privacy protection and geographical masking capabilities of Virtual Private Network (VPN) technologies.
Wangle Technologies (ASX:WGL), (formally VTX Holdings, ASX:VTX), will hit the ASX boards at the open tomorrow, Friday 26th February 2016.
Wangle has fulfilled all requirements of the ASX listing rules, including compliance with listing and chapters 1 and 2.
The company will have around 521 million quoted securities.
The change came from VTX acquiring NexGen Networks, and then the transition to Wangle Technologies.
Wangle is NexGen’s web optimisation platform.
This platform positions the company at the forefront of a rapidly growing mobile Internet market, worth over $300 billion in 2014.
Wangle has significant advantages over its competitors, including enhancing security and privacy, increasing Internet speeds by up to 100%, lowering data consumption by up to 50% and geo masking for regionalised content delivery.
The enterprise development for business customers is also well underway.
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