2nd Dec 2020 10:00
(Alliance News) - Osirium Technologies PLC on Wednesday said it has won a significant contract for its privileged access management technology with a "major" UK telephone, broadband and mobile services provider.
The unnamed new customer has purchased an initial 36 month term enterprise license for the British cloud-based cybersecurity software vendor's PAM platform, which will include the privileged access management, privileged task management and privileged session management modules, as well as consultancy and training from Osirium Professional Services.
"2020 has inevitably presented us, our customers and partners with a number of challenges. With more and more specialist security integrators this year selecting Osirium as their PAM provider of choice, I am particularly pleased that this win has been secured with yet another excellent new reseller partner," said Chief Executive David Guyatt.
Additionally, Osirium said its PAM platform has been selected in a competitive bid against a range of other PAM vendors as part of a sales initiative led jointly by Osirium and Infradata, which is a provider of cyber security and cloud networking solutions and services, and is an approved Osirium reseller partner.
Looking ahead, Osirium now anticipates bookings being ahead of current market expectations for trading in the year to December 31.
Shares in Osirium were up 8.5% at 22.25 pence in London on Wednesday.
By Zoe Wickens; [email protected]
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