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ALLT - Allot News Story

$17.08 0.8  5.1%

Last Trade - 14/05/21

Consumer Cyclicals
Mid Cap
Market Cap £412.0m
Enterprise Value £342.3m
Revenue £96.7m
Position in Universe 3366th / 6851

Exetel Launches Anti-malware and Parental Control Services, Powered by Allot NetworkSecure

Tue 2nd March, 2021 9:04am
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Hod Hasharon, Israel, March 02, 2021 (GLOBE NEWSWIRE) -- Allot Ltd
(NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network
intelligence and security-as-a-service (SECaaS) solutions for communication
service providers and enterprises, announced today that Exetel, Australia's
largest independent internet service provider, has launched zero-touch,
clientless cybersecurity and content control services for their residential
customers, powered by Allot NetworkSecure
Exetel is the first service provider in Australia to launch security services
based on Allot solutions.


Exetel will use the Allot solution to offer protection against a broad range
of cyber threats including malware, phishing and ransomware, which have
recently increased as cyber criminals take advantage of opportunities
presented by the COVID-19 pandemic. Exetel is also offering parental control
services to its residential customers, all based on Allot NetworkSecure. The
engagement between Exetel and Allot is based on a recurring monthly fee
derived from the actual number of subscribers using the cyber security


The network-based Allot cybersecurity solution launched by Exetel enables
zero-touch, clientless user onboarding, eliminating the need for subscribers
to download, install or update any software. As a result, Allot reports, their
other telecom customers have achieved double-digit adoption rates.


Exetel Head of Residential, Glenn Ward, said:


“We are delighted to be the first Australian ISP to partner on cybersecurity
with Allot, which already protects more than 20 million people around the
world with this technology. The solution from Allot places Exetel at the
forefront of threat protection which has become top of mind for customers
given cyber attacks have become a day to day reality for Australians,
particularly as more and more Australians work from home.”


“An important goal for Allot is to provide our customers with the tools to
give their subscribers peace of mind. It is our privilege to work with the
team at Exetel to help them mitigate cyber risks and allow their subscribers
to gain better control of the content they consume, using our unique
mass-market network-based security solutions,” said Oren Coral, Vice
President Sales, APAC at Allot.


The Exetel services are powered by Allot NetworkSecure, part of the Allot
Secure family of solutions, and the market leader in the growing
network-based, mass-market cybersecurity category. Coupled with Allot consumer
marketing services, NetworkSecure has been proven to achieve uncommonly high
adoption rates.



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About Allot

Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative
network intelligence and security solutions for service providers and
enterprises worldwide, enhancing value to their customers. Our solutions are
deployed globally for network and application analytics, traffic control and
shaping, network-based security services, and more. Allot’s multi-service
platforms are deployed by over 500 mobile, fixed and cloud service providers
and over 1000 enterprises. Our industry-leading network-based security as a
service solution has achieved over 50% penetration with some service providers
and is already used by over 20 million subscribers globally.

Allot. See. Control. Secure.


Forward-Looking Statement

This release contains forward-looking statements, which express the current
beliefs and expectations of company management. Such statements involve a
number of known and unknown risks and uncertainties that could cause our
future results, performance or achievements to differ significantly from the
results, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause or contribute
to such differences include risks relating to: acceptance of our products by
our reseller and customer in EMEA, our ability to compete successfully with
other companies offering competing technologies; the loss of one or more
significant customers; consolidation of, and strategic alliances by, our
competitors, government regulation; lower demand for key value-added services;
our ability to keep pace with advances in technology and to add new features
and value-added services; managing lengthy sales cycles; operational risks
associated with large projects; our dependence on third-party channel partners
for a material portion of our revenues; and other factors discussed under the
heading "Risk Factors" in the Company's annual report on Form 20-F filed with
the Securities and Exchange Commission. Forward-looking statements in this
release are made pursuant to the safe harbor provisions contained in the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are made only as of the date hereof, and the Company undertakes no
obligation to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.

Seth Greenberg
+972 (0)0549222294

Kimberly Velasco
Fusion PR for Allot

Ehud Helft / Kenny Green
Allot Investor Relations

GlobeNewswire, Inc. 2021
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