VANCOUVER, British Columbia, June 27, 2017 (GLOBE NEWSWIRE) — Premier Managed Services Provider, VirtualArmour International Inc. (the “Company”) (CSE:VAI) (Frankfurt:3V3) announced today that it had finalized a multi-year contract with a large U.S. utility provider. The contract includes the design and provisioning of updated network infrastructure – including hardware and software – specialist implementation and ongoing Managed Services.
VirtualArmour secured the contract as it was felt to have industry-leading expertise in the client’s specific areas of security concern. It was also deemed able to build out the type of tailored solution that would efficiently transition the customer’s current IT infrastructure to a more scalable, efficient and robust platform.
“With increasing hacker activity within the sector, Utilities have been forced to significantly increase focus on securing their infrastructure,” said Andrew Douthwaite, VP of Managed Services at VirtualArmour. “The cybersecurity risks faced by organizations in this field are exponentially higher than those in many other industries. This is due, for the most part, to the sheer volume of individual connections to their networks. In our experience, there does still remain a large number of Utility providers that aren’t aware of the scale of the threat and the necessary patches and protections they require to properly secure their infrastructure. Ensuring the flow of critical information between industry, Government, and Utilities is still a challenge, but remains essential for ensuring robust security practices are adhered to across the board.”
VirtualArmour is an international cybersecurity and Managed Services provider that delivers proprietary solutions to help businesses build, monitor, maintain and secure their networks.
The Company maintains 24/7 client monitoring and service management with specialist teams located in its US and UK-based security operation centers (“SOC”). Through partnerships with best-in-class technology providers, VirtualArmour delivers leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.
VirtualArmour services a wide range of clients – which include those listed on the Fortune 500 – within several industry sectors, in over 30 countries, across five continents. Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website www.virtualarmour.com
This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
CONTACT: Company Contact: Nick Dinsmoor Vice President Strategy and Marketing Office: 720-644-091 [email protected] Media Contact Josh Stanbury Office: 416-628-7441 [email protected]