Riverfort Regulatory News (RGO)

24 June 2021

RiverFort Global Opportunities plc

("RGO" or the "Company")

Update on Investee Company

Major contract win for Smarttech247

Further to RGO's announcement on 10 May 2021 regarding its investment in Smarttech247, the company has just announced that it has been awarded a multi-year contract for managed cyber security services by a global advanced manufacturing company, employing over 100,000 staff and a leading member of the Fortune Global-1000.

After an extensive due diligence process, the contract was awarded to support strategic cyber security initiatives and ensure compliance to the latest industry regulated cyber security standards. 

This contract will see the cybersecurity services provider deploy its managed detection and response offering which combines the AI and automation of security tools with Smarttech247's own 24/7 Cyber Security Operations Centres.

Smarttech247 (incorporated in the Republic of Ireland as Zefone Limited), is a global artificial intelligence ("AI") based cyber security cloud business that protects enterprises as they migrate to cloud-based IT operations. Smarttech247 has over 100 technology partners, including Tanium and Crowdstrike, and 50 clients based in Europe and the US.

More information on Smarttech247 can be found on its website at https://www.smarttech247.com/.

Philip Haydn-Slater, Non-executive Chairman of RGO, said: 

"This is an excellent achievement for Smarttech and demonstrates the demand for its products and services on a global basis. We are very pleased with the company's progress to date."

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