23rd Sep 2019 12:47
(Alliance News) - Osirium Technologies PLC on Monday said it has signed a "significant" three-year cybersecurity supply contract with an existing UK public sector software provider.
Osirium will deliver its full PxM platform - which provides access management protection - to the client, in a "substantial expansion" of the client's initial order the company announced in February.
The 36-month license is for 2,600 devices, in addition to the 250 covered by the initial order, Osirium said.
In August, the company said it had won "strategically important" PxM supply contracts with an undisclosed financial planning & wealth management provider and an unnamed UK university.
Chief Executive David Guyatt said: "Osirium is delighted that, within a nine month period, this prominent service provider has shown such confidence in the Osirium solution and expanded its base of protected devices more than ten fold.
"This is further evidence of the success of our land and expand strategy, as having experienced the benefits of the Osirum PxM solution, they have now taken the decision to roll out our technology to public sector customers served by both of their data centres."
Shares in Osirium were 4.2% higher at 47.40 pence each in London on Monday afternoon.
By Eric Cunha; [email protected]
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