RCS - Smarttech247 Group - Smarttech247 signs Strategic Agreement with Cisco

Smarttech247Announcement

03/04/2024 07:15

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RNS Number : 0376J  Smarttech247 Group PLC  03 April 2024

Reach Announcement

03 April 2024

Smarttech247 Group PLC

("Smarttech247", the "Group" or the "Company")

Smarttech247 signs Strategic Partnership Agreement with Cisco

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 it has partnered
with Cisco to deliver a complete security solution for threat prevention,
detection, investigation and response.

Cisco Systems Inc. (NASDAQ: CSCO) ("Cisco") delivers software-defined
networking, cloud and security solutions to companies worldwide and recently
completed its acquisition of cybersecurity firm Splunk Inc., which had already
entered into its own strategic partnership agreement with Smarttech247 in
October 2023. This new partnership will see Smarttech247 integrate Cisco's
security technologies into its AI-enhanced cybersecurity services, offering
clients an even more comprehensive and robust defence against evolving cyber
threats.

Cisco's range of security technologies for network, device, user and cloud
security will integrate with Smarttech247's existing suite of cybersecurity
solutions. These technologies, combined with Splunk's cybersecurity
capabilities gained in the recent acquisition, will enhance Smarttech247's
VisionX platform, allowing organisations to proactively secure their digital
assets and mitigate risks effectively.

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented:

"We are delighted to partner with Cisco which, following its acquisition of
Splunk, has become one of the largest software companies globally. This
collaboration underscores our commitment to delivering top-tier cybersecurity
services and reinforces our position as a trusted cybersecurity partner for
organisations worldwide. Together with Cisco, we are well-equipped to provide
our clients with the security they need to navigate the digital world with
confidence."

- 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 Adviser  Tel: + 44 (0) 20 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

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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
(http://www.smarttech247.com)

 

 

 

 

 

 

 

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