30th Jun 2016 07:00
30 June 2016
Defenx PLC("Defenx" or the "Company")
New channel partner agreements
Defenx PLC (AIM:DFX), the mobile security software solutions company, is pleased to provide an update on its recent channel partner expansion.
Itway SpA (MIL:ITW), a specialist digital solutions provider has agreed to sell Defenx Mobile Security Suite. Itway, which operates in six European countries and Dubai, reported revenues of €101 million in 2015.
In the mobile sector, Ringo.com, a Mobile Virtual Network Operator offering high quality, innovative mobile services to consumers and small business customers, has also started to sell Defenx Security and Cloud Backup solutions and MCR Media Group, a European leader in mobile value-added services to more than 30 carriers around the world, now also offers Defenx Mobile Security Suite.
These signings underline Defenx's strategy to increase its market reach into new market segments across Europe.
Andrea Stecconi, CEO of Defenx plc, commented: "We are delighted with the progress we have made in 2016 so far. When we floated in December 2015, we outlined that the proceeds of the IPO would be used to accelerate our channel partnership network and we are very pleased to be able to report such success so quickly after our IPO.
"We continue to implement this strategy and look forward to extending our network into new territories, while maintaining our ability to compete with much larger market players."
Enquiries
Defenx PLCAndrea Stecconi - Chief Executive OfficerPhilipp Prince - Chief Financial Officer | 020 3769 0687 |
Strand Hanson Limited (Nominated and Financial Adviser)Richard Tulloch / Ritchie Balmer / James Bellman | 020 7409 3494 |
WH Ireland (Broker)Adrian Hadden / Mark Leonard | 020 7220 1666 |
IFC Advisory (Financial PR and IR)Graham Herring / Tim Metcalfe / Heather Armstrong | 020 3053 8671 |
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable security software company that offers a range of products for the mobile, PC and network security markets. Defenx security software is priced competitively, fully featured and efficient (reduced use of memory, processing capacity and therefore power).
A flexible marketing strategy, focused on white-label and profit-share arrangements with distributors, telecoms companies and hardware manufacturers, enables Defenx to compete with established industry incumbents. Since inception, Defenx has sold over 3.1 million security software licenses, primarily in Europe, the Middle East and Africa.
Defenx's global distribution partners currently include 3Italia, the fourth largest Italian mobile network operator, and Seagate Technology, a world-leader in disk drive manufacturing, amongst others including telecoms operators, systems integrators and original equipment manufacturers. Defenx was admitted to trading on AIM on 3 December 2015, raising £2.1 million to accelerate its growth through new channel partners and product development.
Website: www.defenx.com/company/investors
Related Shares:
DFX.L