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Tern PLC: DA Recognised as 2018 Emerging Star in IoT Security Market

7 Aug 2018 08:00

Tern PLC Tern PLC: DA Recognised as 2018 Emerging Star in IoT Security Market 07-Aug-2018 / 08:00 GMT/BST


7 August 2018

Tern Plc (the "Company", or the "Group") 

DA Recognised as 2018 Emerging Star in IoT Security Market 

Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to note today's announcement from its portfolio company, Device Authority ("DA"), the IoT security business in which Tern has a 56.8% holding. 

DA has announced that it has been recognised as the 2018 Emerging Star in the global IoT Security Market by Quadrant Knowledge Solutions, a global advisory and consulting firm, in its recent study titled "Market Outlook IoT Security, 2018-2023, Worldwide". DA was named in the device identity management segment for its strong technology strategy performance and high industry impact. 

Tern CEO, Al Sisto, said: 

"We are pleased that DA has been recognised as the 2018 Emerging Star in the global IoT Security Market. Having recently launched KeyScaler as a Service, it's great to see the recognition DA is receiving within the IoT space." 

Enquiries

Tern Plc Al Sisto/Sarah Payne via Redleaf Communications
Redleaf Communications Elisabeth Cowell/Fiona Norman Tel: 020 3757 6880

Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

711161 07-Aug-2018 

corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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