Osirium Technologies PLC Trading Update (2868B)
January 09 2018 - 2:00AM
UK Regulatory
TIDMOSI
RNS Number : 2868B
Osirium Technologies PLC
09 January 2018
For immediate release
9 January 2018
Osirium Technologies plc
("Osirium" or "Group")
Trading Update
Osirium Technologies plc (AIM: OSI.L), a UK headquartered
cyber-security SaaS provider, today provides the following trading
update ahead of the Group's final results for the year ended 31
December 2017.
Trading has continued to improve year on year as anticipated
and, as a result, the Group's booking levels will be in line with
market expectations.
David Guyatt, Chief Executive Officer, commented: "We are
pleased with the strong progress made during the period, with a
number of new contract wins and renewals across a wide range of
sectors, providing a growing base of 'land and expand' deployments.
The Group is also confident that there will be further progress as
new prospects are converted through our UK and international
channel partners.
The Board remains very confident in the Group's prospects and we
believe Osirium has a unique proposition and is well placed to
prosper as cyber-security remains a key priority for
corporates."
- Ends -
For further information:
Osirium Technologies plc Tel: +44 (0) 118 324
2444
David Guyatt, Chief Executive
Officer
Rupert Hutton, Chief Financial
Officer
www.osirium.com
Stifel Nicolaus Europe Tel: +44 (0) 20 7710
Limited 7600
(Nominated Adviser and
Broker)
Fred Walsh / Neil Shah
/ Ben Maddison
Yellow Jersey PR Tel: +44 (0) 7764 947137
(Financial PR)
Sarah Hollins
Notes to Editors:
About Osirium
Osirium Technologies plc (AIM: OSI.L), is a UK headquartered
cyber-security Software-as-a-Service ("SaaS") provider. Osirium
protects critical IT assets, infrastructure and devices by
preventing targeted cyber-attacks from directly accessing
Privileged Accounts, removing unnecessary access and powers of
Privileged Account users, deterring legitimate Privileged Account
users from abusing their roles and containing the effects of a
breach if one does happen.
Osirium has defined and delivered what the Directors view as the
next generation PAM (Privileged Access Management) solution. The
team has developed the concept of Virtual Air Gap to separate users
from passwords, with Osirium's Privileged Task Management module
further strengthening Privileged Account security and delivering
impressive return on investment benefits for customers.
Founded in 2008 and with its headquarters in Reading, UK, the
Group was admitted to AIM in April 2016. For further information
please visit www.osirium.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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