Thanks tyrano27 Aug 2018 21:04
Tyrano127 Aug '18 - 18:15 - 118008 of 118012
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Please note the important line in the release from Tern regarding the DA-Thales healthcare solution. The solution will come out of pilot and go commercial. There is a huge prize within the medical sector and Thales (who are no mugs) will play a key role in it. And for every instance that Thales sell then DA will get revenue. I fully expect Thales and DA to launch further offerings into other verticals as well.
“DA is forecasting for the Thales strategic partnership to start to contribute to revenues in 2018.”
11 July 2018
Tern Plc (“Tern” or the “Company”)
Thales and Device Authority officially launch solution to secure the Connected Health industry
Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things (“IoT”), is pleased to announce that Thales’ healthcare IoT security solution, developed in conjunction with Tern’s portfolio company Device Authority (“DA”), in which Tern has a 56.8% holding, has been officially launched by Thales.
The Company announced on the 22 June 2018 that Thales had commenced preliminary marketing of the healthcare IoT security blueprint, which integrates DA’s KeyScaler platform with the Thales nShield Connect hardware security module, and the official launch represents the next step in Thales’ sales strategy.
DA is forecasting for the Thales strategic partnership to start to contribute to revenues in 2018.
Tern CEO, Al Sisto, said: “This opens up a new revenue stream to DA in a market which clearly needs protection from cyber-attacks. The use of IoT in the healthcare industry is increasing and therefore I am delighted to see DA and Thales launching this technology to deliver effective protection to patients.”
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