Last checked at 11 Jul 2018 08:00
Tern PLC Tern PLC: Thales and Device Authority officially launch solution to secure the Connected Health industry 11-Jul-2018 / 08:00 GMT/BST 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." **ENDS** Enquiries
Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement. |
703341 11-Jul-2018
corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.