REG - Smarttech247 Group - Smarttech247 signs new three-year order

Smarttech247Announcement

26/07/2023 07:00

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RNS Number : 1776H  Smarttech247 Group PLC  26 July 2023

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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 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

 

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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