Smarttech247 Group PLC Smarttech247 signs new three-year order (1776H)
26 Juillet 2023 - 8:00AM
UK Regulatory
TIDMS247
RNS Number : 1776H
Smarttech247 Group PLC
26 July 2023
Certain information contained within this Announcement is deemed
by the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in
the United Kingdom. Upon publication of this Announcement, this
information is now considered to be in the public domain.
26 July 2023
Smarttech247 Group PLC
("Smarttech247", the "Group" or the "Company")
New order signed
Smarttech247 signs new three-year order with existing global
automotive technology client
Smarttech247 (AIM: S247), a multi-award-winning provider of
AI-enhanced cybersecurity services providing automated managed
detection and response for a portfolio of international clients, is
pleased to announce that it has received an order from a
long-standing client, a global, automotive technology company,
worth in total c. $3 million over three years.
This order includes the provision and implementation of
cutting-edge security intelligence technology to provide enhanced
visibility and threat detection, thereby strengthening defence
against the increasing threat of cyberattacks. These ever-evolving
cyber threats mean that the security and protection of data has
become a top priority for businesses.
Furthermore, this cutting-edge technology will serve as an
important element of Smarttech247's comprehensive Managed Detection
and Response (MDR) service, VisionX. Once integrated, it will offer
clients further security and a unified and proactive security
solution. By combining real-time threat monitoring, rapid incident
response and advanced analytics, Smarttech247 can assist in
strengthening digital resilience and safeguarding, more
effectively, the critical assets of the Group's clients.
Raluca Saceanu, Chief Executive Officer of Smarttech247,
commented:
"We are delighted that Smarttech247 has been entrusted by our
client to further develop our relationship in strengthening its
digital infrastructure and safeguarding sensitive information. With
the ever-changing cybersecurity landscape, we continue to pioneer
new ways to ensure the cyber safety of all existing and new
clients.
"By using this new security technology, our customer will
receive a higher level of cyber protection and will be empowered to
stay one step ahead of cyber threats."
- Ends -
For further information please contact:
Smarttech247 Group PLC Tel: +353 21 206
6033
Ronan Murphy, Executive Chairman
Raluca Saceanu, Chief Executive Officer
Nicholas Lee, Finance Director
SPARK Advisory Partners Limited - Nominated Tel: + 44 (0) 20
Adviser 3368 3550
Mark Brady / Adam Dawes
Shard Capital - Joint Broker Tel: +44 (0) 20
7186 9900
Damon Heath
Fortified Securities - Joint Broker Tel: +44 7493 989014
Guy Wheatley, CFA
Yellow Jersey PR Tel: +44 (0) 20
3004 9512
Sarah Hollins / Annabelle Wills / Bessie
Elliot
About Smarttech247
Smarttech247 is a multi-award winning automated MDR (Managed
Detection & Response) company. Its platform is trusted by
international organisations and provides threat intelligence with
managed detection and response to provide actionable insights, 24/7
threat detection, investigation and response.
The Group's services are geared towards proactive prevention and
it achieves this by utilising the latest in cloud, big data
analytics and machine learning, along with an experienced incident
response team. In recognition of its innovative technology,
Smarttech247 was named by Chambers Ireland InBusiness Recognition
Awards as Cyber Security Company of the Year 2023.
Smarttech247's offices are located in Ireland, United Kingdom,
Romania, Poland and the USA. The Company was admitted to trading on
AIM on 15 December 2022.
For further information please visit www.smarttech247.com .
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END
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