Major Contract Wins for MDR Division

Ecsc

01/02/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230201:nRSA4930Oa&default-theme=true

RNS Number : 4930O  ECSC Group PLC  01 February 2023

The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse (amendment) (EU Exit)
Regulations 2019/310. Upon the publication of this announcement, this inside
information is now considered to be in the public domain.

1 February 2023

ECSC Group plc

('ECSC' or the 'Company' or the 'Group')

 

Major Contract Wins for MDR Division

 

ECSC Group plc (AIM: ECSC), the provider of cyber security services, is
pleased to announce three significant contract wins in its Managed Detection
and Response (MDR) division. Sectors represented are food retail, leisure and
utilities.

ECSC provides 24/7/365 cyber security monitoring, detection and response
support from the Group's Security Operations Centres (SOCs) located in the UK
and Australia.

The contracts, all of which are for an initial period of three years, have a
combined revenue value in excess of £690,000. Revenues will be recognised
throughout the duration of the contracts.

Matthew Briggs, Chief Executive Officer of ECSC, commented:

"We are delighted to start the year with a number of significant MDR new
service wins.  The wins support what we're seeing in the market place, with
cyber security now very much seen as a priority risk at board level.  The
team has worked well to adapt to the re-designed sales process for our MDR
division, supporting and educating clients at both a technical and
non-technical level, meaning all stakeholders understand the options available
to them, reinforcing our trusted advisor status."

 

Enquiries:

 ECSC Group plc                                  +44 (0) 1274 736 223

Ian Mann, Executive Chairman

Matthew Briggs, Chief Executive Officer
 Allenby Capital (Nominated Adviser and Broker)  +44 (0) 203 328 5656

David Hart/Piers Shimwell (Corporate Finance)

Tony Quirke (Sales and Corporate Broking)
 Press Enquiries                                 +44 (0) 1274 736 223

Clare Macdonald, Marketing Director

 

Notes to Editors:

Founded in 2000, ECSC Group plc is the UK's longest running 'full-service'
cyber security service provider.  ECSC provides expert security breach
prevention, detection and response support to organisations across all
sectors.

ECSC operates from two Security Operations Centres (SOCs): one in Yorkshire,
UK, and the other in Brisbane, Australia.  ECSC MDR Division offers flexible
24/7/365 cyber security managed detection, and response support to its
clients.  The Assurance Division provides guidance, certification to industry
standards, and extensive testing services to allow organisations to improve,
and demonstrate, their cyber security effectiveness.

The Company's broad client base ranges from e-commerce start-ups to global
blue-chip organisations, including 10% of the FTSE 100.

For more information please visit the following: https://investor.ecsc.co.uk/

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CNTBBMMTMTBJTJJ