BARCELONA, Spain, March  01, 2026  (GLOBE NEWSWIRE) -- Veea Inc. (&#34;Veea&#34;), a leading-edge supplier of managed networking and secure multiaccess edge computing platform products and solutions, today announced the planned

VEEA

Veea Platform Solution to Address Cybersecurity Challenges Nationwide for Businesses in Mexico

Veea launches SecureConnect in Mexico addressing cybersecurity needs

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>BARCELONA, Spain, March  01, 2026  (GLOBE NEWSWIRE) -- Veea Inc. (&amp;#34;Veea&amp;#34;), a leading-edge supplier of managed networking and secure multiaccess edge computing platform products and solutions, today announced the planned</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Veea Inc. has announced the launch of its Veea SecureConnect service in Mexico through Telcel. This product addresses the growing demand for cybersecurity among businesses in Mexico, positioning Veea for significant growth amid escalating cyber threats in the region.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Veea launches SecureConnect in Mexico via Telcel this week.</li><li>SecureConnect integrates 5G with AI-driven enterprise-grade cybersecurity.</li><li>Mexico faces high cybersecurity risks, with thousands of attacks yearly.</li><li>This solution simplifies IT setup, targeting various business sectors.</li><li>AI-powered features enhance network and device security in real-time.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Telcel (N/A)</strong>: Key partner for launching SecureConnect in Mexico.</li><li><strong>World Economic Forum (N/A)</strong>: Referenced for cybersecurity statistics impacting Veea&#039;s market.</li><li><strong>SoSafe (N/A)</strong>: Provided data on the increasing cyber threat landscape.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news fits under &#039;Corporate Developments&#039; as it reflects a significant product launch that strategically positions Veea in a high-growth sector, directly addressing urgent cybersecurity needs in Mexico.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Launch of Veea SecureConnect may increase enterprise client acquisition significantly.</li><li>Increased cybersecurity threats in Mexico could drive demand for Veea&#039;s solutions.</li><li>Strategic partnership with Telcel enhances Veea&#039;s visibility in the Mexican market.</li><li>AI-driven capabilities position Veea advantageously against traditional market competitors.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Veea SecureConnect launches via Telcel in Mexico this week (March 2026).</li><li>Mexico faced over 324 billion cyber-attack attempts in 2024.</li><li>43% of cyber-attacks target small businesses in Mexico.</li><li>Businesses average losses of $155,000 per cyber incident.</li><li>87% of organizations worldwide experienced AI cyberattacks recently.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in VEEA with a bullish outlook as SecureConnect enhances market presence.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">BARCELONA, Spain, March  01, 2026  (GLOBE NEWSWIRE) -- Veea Inc. ("Veea"), a leading-edge supplier of managed networking and secure multiaccess edge computing platform products and solutions, today announced the planned launch of <strong>Veea SecureConnect&#x2122; </strong>service by Telcel in Mexico this week. Veea SecureConnect, being demonstrated at Mobile World Congress, is expected to be offered over a 5G network with one of the broadest coverages in Mexico. Veea SecureConnect is targeted to businesses and enterprises such as pharmacies, branch offices, clinics, medical and dental offices, retailers, QSRs, restaurants, gyms, warehouses, travel agencies, SOHO users, professional services companies, and ideally suited for multi-site operations.</p>  <p align="justify">Veea SecureConnect represents a next-generation approach to delivering ultra-reliable 5G-based fixed wireless access integrated with enterprise-grade AI-driven cybersecurity and value-added services in one palm-sized product, without the complexity or cost of traditional IT deployments. The launch of Veea SecureConnect addresses a critical need for an enterprise-grade cybersecurity solution at an affordable price point with streamlined maintenance, incorporating real-time monitoring, reporting and alerts.</p>  <p><strong>A new paradigm of business connectivity with cybersecurity</strong></p>  <p align="justify">Mexico is experiencing rapid digital transformation—but the cyberthreat landscape is evolving even faster. Recent independent industry reports highlight the scale and urgency of the cybersecurity challenge:</p>  <ul><li style="text-align:justify;">According to World Economic Forum, Mexico was hit by more than 324 billion attempted cyber-attacks in 2024, and 43% of attacks targeted small businesses.</li></ul>  <ul><li style="text-align:justify;">On average, Mexican small businesses lose up to US$155,000 per cyber incident<strong>,</strong> without considering reputational damage, penalties or loss of critical information.</li></ul>  <ul><li style="text-align:justify;">According to <em>Mexico Business News</em>, there were 40.6 billion cyberattack attempts in Mexico in the first half of 2025, many of which were linked to automated AI-enhanced threats.</li></ul>  <ul><li style="text-align:justify;">The SoSafe Cybercrime Trends 2025 report states that, globally, 87% of organizations have been targeted by an AI cyberattack in the last year. Security experts anticipate a rapid increase in AI-driven threats through 2028 and 98% of cybersecurity professionals are implementing AI or plan to do so.</li></ul>  <p align="justify">Despite these risks, millions of businesses and branch offices still rely on legacy routers, basic firewalls, or basic security apps on staff's devices, leaving their servers, POS, payment terminals, IoT endpoints and other devices most vulnerable to cyberattacks, downtime and ransomware.</p>  <p align="justify">The Veea SecureConnect platform product has been engineered to replace fragmented modems, firewalls, and primitive integration and installation typically deployed by businesses. It delivers a highly differentiated cloud-managed / edge-executed enterprise-grade AI-driven cybersecurity solution and simplifies identity management, access control, and highly secure multi-site connectivity with minimal configuration management and administration. By fully unifying networking and security into a single edge device, we believe it enables a full-featured, highly simplified, Next Generation Firewall ("NGFW") offered as NGFW-as-a-Service ("NGFWaaS").</p>  <p align="justify">Along with enhanced security, SecureConnect CPE incorporates an advance enterprise-grade virtual router with a simplified SD-WAN and Wi-Fi 6 mesh networking. It supports an always-on dual concurrent WAN broadband capability over 5G and wireline, as primary or failover with load balancing, with a 5G module that offers both a physical SIM and multiple eSIMs. Additionally, as first-of-a-kind solution with optimized price/performance for businesses, it provides for VeeaCloud-based management of network devices and applications complemented by a mobile app for on-site installation and management by businesses—delivered via a compact device, smaller than a cube tissue box, that supports "plug-and-play" deployments for business operation in less than 30 minutes.</p>  <p align="justify">Veea SecureConnect's edge computing capabilities enable optional IoT applications, including surveillance cameras with NVR for physical security, with optional AI-acceleration for inferencing, and integrated IoT gateway, with up to 2 TB of on-device storage, for a variety of sensory-based use cases. At set up, SecureConnect automatically creates LAN micro-segments, and with its on-site device discovery it facilitates formation of user group profiles such as for staff devices (assigned to a Common Profile), trusted devices such as POS and payment terminals facilitating PCI DSS compliance (assigned to a Secure Profile), and guest Wi-Fi (assigned to a Guest Profile).</p>  <p align="justify">"Veea SecureConnect's cloud- and locally-managed solution is designed specifically for MNOs, MVNOs, MSPs and other service providers to offer enterprise-grade cybersecurity cost-competitively, while creating new opportunities for value-added services and significant ARPU expansion with the ability to provide for enterprise-specific service enhancements," said Allen Salmasi, co-founder and CEO of Veea Inc. "After two years of rigorous testing, homologations, network integrations, and proof-of-concept trials, we are proud to announce the commercial roll-out of the highly integrated SecureConnect platform solution by Telcel this week—setting a new industry benchmark for delivering AI-powered, cybersecure value-added services to businesses."</p>  <p><strong>Unique cybersecurity features</strong></p>  <p align="justify">To address the widespread cybersecurity challenges, attacks must be avoided and stopped at the network level—not just on individual devices—because AI-driven threats are too varied and frequent for device-only defenses. A holistic, AI-powered view of all network and device activities (e.g., connections, traffic types, applications, endpoint devices, identities, behavior and others) is required to detect and prevent attacks to the fullest extent before they reach their targets.</p>  <p align="justify">Veea SecureConnect (i.e., Veea SecureConnect) offers real-time anomaly detection with machine learning and AI together with application and identity awareness, and policy-driven access to ensure only authorized users and devices can communicate with native Zero-Trust Network Access ("ZTNA"). Cloud-managed, AI-enforced policies at the edge are applied to the user-defined profiles, enabling real-time threat detection, automatic traffic isolation, and dynamic VPN tunnel creation—even for IoT devices without agents running on the endpoints. It provides a cloud-native Next-Gen VPN (NG-VPN) architecture that redefines identity, access, and security for distributed multi-site organizations with minimal administrative overhead. For those businesses with POS and payment systems, the solution facilitates PCI DSS-compliant deployments through discovery of devices and payment solutions installed at the point-of-sale that are "in-scope" and subject to PCI compliance.</p>  <p align="justify">Moreover, multi-site enterprises deploying Veea SecureConnect can extend the overall network security by employing Veea's recently announced TerraFabric, a transformative control plane that enables organizations to automate distributed edge environments composed of multi-vendor heterogeneous networks as highly coordinated systems, that are managed and orchestrated collectively, rather than collections of individual devices or networks managed individually at each site. TerraFabric enhances the wide area network security with fleet orchestration, policy enforcement, and software lifecycle management to give operators the visibility and control they need to tightly manage the edge workloads, including AI workloads, at the edge safely, cost-effectively and at scale.</p>  <p><strong>About Veea Inc.</strong></p>  <p align="justify">Veea Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/VEEA">VEEA</a>) is a global leader in AI-driven edge infrastructure. Founded in 2014 and headquartered in New York City, Veea's platform integrates connectivity, computing, cybersecurity, storage and AI in a unified solution for edge deployments ranging from SMBs to enterprise campuses, smart industries and remote communities. With more than 123 patents in related technology domains, Veea has been recognized by Gartner for its edge computing innovation. For more information, visit veea.com.</p>  <p><strong>Media contact</strong></p>  <p>Tom Williams<br></br>tom.williams@veea.com</p>  <p><strong>Forward-Looking Statements</strong></p>  <p align="justify">Certain statements in this press release constitute "forward-looking statements." Such forward-looking statements are often identified by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "forecasted," "projected," "potential," "seem," "future," "outlook," and similar expressions that predict or indicate future events or trends or otherwise indicate statements that are not of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, among other things, statements relating to the intended use of proceeds from our future offerings. These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the ability of Veea to grow and manage growth profitably, maintain key relationships and retain its management and key employees; risks related to the uncertainty of the projected financial information with respect to Veea; risks related to the price of Veea's securities, including volatility resulting from changes in the competitive and highly regulated industries in which Veea plans to operate, variations in performance across competitors, changes in laws and regulations affecting Veea's business and changes in the combined capital structure; and risks related to the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities. The foregoing list of factors is not exhaustive.</p>  <p align="justify">All statements other than statements of historical facts included in this press release regarding the Company&#39;s strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company&#39;s actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company&#39;s business strategies, and the risk and uncertainties described in "Risk Factors," "Management&#39;s Discussion and Analysis of Financial Condition and Results of Operations," "Cautionary Note on Forward-Looking Statements" and the additional risk described in Veea's annual report on Form 10-K for the year ended December 31, 2024, quarterly reports on Form 10-Q, registration statements on Form S-1, and any other filings which Veea makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.</p>  <p align="justify">Stockholders and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which only speak as of the date made, are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of Veea. Veea expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations of Veea with respect thereto or any change in events, conditions or circumstances on which any statement is based.</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY2MzU3OSM3NDYxNDE0IzIyOTIyMTc="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NGRmMzFjNTAtZTNkYi00NzVlLWE0ODEtMjRkYWMzNzczY2I4LTEzMDM3NjctMjAyNi0wMy0wMS1lbg==/tiny/Veea-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/5f37562f-c3a2-410c-9d7e-35e4e5883dcb"><img src="https://ml.globenewswire.com/media/5f37562f-c3a2-410c-9d7e-35e4e5883dcb/small/veea-logo-full-color-jpg.jpg" border="0" width="150" height="47" alt="Primary Logo"></img></a></p>

Veea Inc. has announced the launch of its Veea SecureConnect service in Mexico through Telcel. This product addresses the growing demand for cybersecurity among businesses in Mexico, positioning Veea for significant growth amid escalating cyber threats in the region.

Veea Platform Solution to Address Cybersecurity Challenges Nationwide for Businesses in Mexico

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