Osirium Tech Regulatory News (OSI)

9 November 2017

Osirium Technologies plc

("Osirium" or "Group")

Contract win with Mental Health Concern

Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to announce a new customer win with Mental Health Concern. The contract will run over an initial twelve-month term.

Mental Health Concern, part of Concern Group, is based in the North East of England and provides a wide range of specialist mental health services, predominantly commissioned by the NHS and local authorities.

The Group has appointed Osirium to deliver its full PxM product offering of Privileged Account Management and Privileged Task Management modules with associated consultancy services. Osirium will provide secure access to third-party managed service engineers without exposing any credentials to them.

John Slator, Head of IT and Informatics, Concern Group said: "Occasionally, it is possible to identify a company that will revolutionise how its customers work, and Osirium is one such organisation. Not only is the technology robust, but the customer service and support elements are also outstanding."

David Guyatt, Chief Executive Officer, commented: "We are delighted to secure this new contract with Mental Health Concern and a further 'land and expand' licensing deployment. They wanted an easy to install interface to protect and secure devices internally and externally from third-party providers. Osirium looks forward to working with them and providing an effective solution across the Group."

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About Osirium

Osirium Technologies plc (AIM: OSI.L), is a UK headquartered cyber-security Software-as-a-Service ("SaaS") provider. Osirium protects critical IT assets, infrastructure and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.

Osirium has defined and delivered what the Directors view as the next generation PAM (Privileged Access Management) solution. The team has developed the concept of Virtual Air Gap to separate users from passwords, with Osirium's Privileged Task Management module further strengthening Privileged Account security and delivering impressive return on investment benefits for customers.

Founded in 2008 and with its headquarters in Reading, UK, the Group was admitted to AIM in April 2016. For further information please visit www.osirium.com