Osirium Tech Share News (OSI)

(Sharecast News) - Cybersecurity and IT automation software provider Osirium Technologies revealed on Thursday that it has secured a fresh contract win for its privileged process automation and privileged access management solutions.

Osirium stated the contract with Midlands and Lancashire Commissioning Support Unit marked its first customer win where the privileged process automation order was "significantly larger" than the privileged access management element.

The AIM-listed firm said its privileged process automation will initially be rolled out to 600 users and 100 IT servers and systems in GP surgeries at one of MLCSU's Clinical Commissioning Group clients, with the potential for a further roll out in due course.

The financial terms of the deal were not disclosed.

Chief executive David Guyatt said: "Secure automation is the way that any organisation, especially the over-stretched NHS, can deliver more benefits to patients and staff while improving security. We see Automation as a significant area of growth and there is a growing interest in PPA as a primary or standalone solution.

"Importantly, the model being adopted by MLCSU's clients is applicable across a wide range of industries such as retail, hospitality, and transportation, providing the opportunity for wide-scale deployment to new and existing customers. We expect this product to become an important contributor to Osirium's revenue in line with this broader market awareness."

As of 1020 GMT, Osirium shares had shot up 10.98% to 8.74p.