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Pin to quick picksSmarttech247 Regulatory News (S247)

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Smarttech247 Signs New Three-Year Contract

1 Nov 2023 07:00

RNS Number : 9438R
Smarttech247 Group PLC
01 November 2023
 

RNS Reach

1 November 2023

Smarttech247 Group PLC

 

("Smarttech247", the "Group" or the "Company")

 

Smarttech247 Signs New Three-Year Contract

 

Order signed with global pharmaceutical solutions organisation

 

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce that it has signed a new deal with a global pharmaceutical solutions organisation, based in the USA, worth approximately ?900,000 over three years. 

 

As part of the contract, Smarttech247 will deploy its AI-enhanced VisionX platform, a comprehensive cybersecurity solution that will help the client strengthen its security posture. VisionX is an all-encompassing cybersecurity platform, which includes 24/7 managed detection and response, security information and event management, and other key cybersecurity services.

 

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented:

 

"We are delighted to be chosen as a trusted cybersecurity partner to one of the largest global pharmaceutical solutions organisations. The pharmaceutical industry faces unique challenges in safeguarding critical and sensitive data, and we are committed to ensuring that we provide the highest level of cybersecurity protection and support.

 

"With the VisionX platform at their disposal, we will be able to greatly elevate its cybersecurity defences, ensuring the integrity of its critical data, and the protection of its intellectual property."

 

- Ends -

For further information please contact:

Smarttech247 Group PLC

Tel: +353 21 206 6033

Ronan Murphy, Executive Chairman

Raluca Saceanu, Chief Executive Officer

Nicholas Lee, Finance Director

SPARK Advisory Partners Limited - Nominated Adviser

Tel: + 44 (0) 20 3368 3550

Mark Brady / Adam Dawes

Shard Capital - Joint Broker

Tel: +44 (0) 20 7186 9900

Damon Heath 

Fortified Securities - Joint Broker

Tel: +44 7493 989014

Guy Wheatley, CFA

Yellow Jersey PR

Sarah Hollins / Annabelle Wills / Bessie Elliot

Tel: +44 (0) 20 3004 9512

  

 

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Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

About Smarttech247

Smarttech247 is a multi-award winning automated MDR (Managed Detection & Response) company. Its platform is trusted by international organisations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response.

The Group's services are geared towards proactive prevention and it achieves this by utilising the latest in cloud, big data analytics and machine learning, along with an experienced incident response team. In recognition of its innovative technology, Smarttech247 was named by Chambers Ireland InBusiness Recognition Awards as Cyber Security Company of the Year 2023.

Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland and the USA. The Company was admitted to trading on AIM on 15 December 2022.

 For further information please visit www.smarttech247.com

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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