TIDMSWG

Shearwater Group PLC

04 October 2017

4 October 2017

SHEARWATER GROUP PLC

("Shearwater", the "Company" or the "Group")

Product Update

Shearwater Group plc (AIM: SWG), the digital resilience group, is pleased to announce that SecurEnvoy, its identity and access management subsidiary, will release the Version 9 update to their industry leading multifactor authentication solution, SecurAccess, on 31 October 2017.

In line with SecurEnvoy's strategy of providing innovative, easy to deploy enterprise grade authentication solutions, Version 9 will offer significant administrator focused revisions, including a fully redeveloped reporting dashboard and improved server-side integrations. In addition, new functionality, including payment authentication, single tap near field communication authentication, and a new app interface are also incorporated, which will enhance the overall end user experience.

Michael (Mo) Stevens, Group Chief Executive Officer of Shearwater Group plc, commented: "We are excited about the developments Andy and Steve have made to SecurEnvoy's core product and its potential as a key enabler to our regional expansion strategy. These upgrades will substantially improve the end user experience and maintain the industry leading security standards our customers expect at a time where well-publicised data breaches continue to highlight the criticality of robust user authentication across organisations of all sizes."

ENDS

Contacts:

 
 Shearwater Group plc              www.theshearwatergroup.co.uk 
  David Williams                    +44 (0) 797 014 8016 
  Michael (Mo) Stevens              +44 (0) 780 171 2582 
 Cenkos Securities plc 
  - NOMAD and Broker 
  Bobbie Hilliam - NOMAD 
  Julian Morse / Alex Aylen 
  - Sales                          +44 (0) 20 7397 8900 
 WH Ireland Limited - Financial    www.whirelandcb.com 
  Advisor                           +44 (0) 117 945 3470 
  Mike Coe 
  Ed Allsopp 
 Powerscourt - Financial           shearwater@powerscourt-group.com 
  PR                                +44 (0) 20 7250 1446 
  Ben Griffiths, Andy Jones 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 04, 2017 02:00 ET (06:00 GMT)

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