Defenx plc New channel partner agreements (8392J)
July 03 2017 - 2:01AM
UK Regulatory
TIDMDFX
RNS Number : 8392J
Defenx plc
03 July 2017
3 July 2017
Defenx PLC
("Defenx" or the "Company")
New channel partner agreements
Defenx PLC (AIM:DFX), the cyber-security software group, is
pleased to provide an update on its continued channel partner
expansion.
Multi Time Srl ("Multi Time") is a field marketing agency
serving many well-known consumer brands such as Bose, Canon and LG.
Multi Time will be promoting and selling Defenx Mobile Security
Suite, SOS and Parental Control apps to parents, teachers and
students using its field force of 28,000 across Italy.
Arnavalle Telecomunicaciones SL ("Arnavalle"), based in Spain,
is a distributor of software and network hardware, primarily to the
telecoms industry in Europe, Latin and South America and select
territories in Asia, including Thailand, Malaysia, Philippines and
Australia. Arnavalle is now distributing Defenx Security and Backup
solutions.
Combined, their initial orders exceed EUR1 million and we
anticipate further orders this year once Defenx products are
established in their sales channels.
Andrea Stecconi, CEO of Defenx, commented:
"We are delighted to welcome Multi Time and Arnavalle as Defenx
channel partners. Multi Time will help our expansion into the
schools and family market while Arnavalle extends our reach into
major secondary markets, particularly into Spanish language
regions. We will continue to grow into new consumer markets with
this B2B2C strategy at the same time as we expand into corporate
markets with the support of BV-Tech."
Enquiries
Defenx PLC
Andrea Stecconi - Chief Executive Officer
Philipp Prince - Chief Financial Officer 020 3769 0687
IFC Advisory (Financial PR and IR)
Tim Metcalfe / Graham Herring / Heather
Armstrong 020 3053 8671
Strand Hanson Limited (Nominated and
Financial Adviser)
Richard Tulloch / Ritchie Balmer /
James Bellman 020 7409 3494
WH Ireland (Joint-Broker)
Adrian Hadden / Alex Bond 020 7220 1666
Beaufort Securities (Joint-Broker)
Jon Belliss 020 7382 8300
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable
cyber-security software group that offers a range of Security,
Backup and Protection solutions for smartphones, PCs and
networks.
A channel sales strategy, focused on flexibility,
white-labelling and profit-share arrangements with distributors,
telecoms companies and hardware manufacturers, enables Defenx to
compete with established industry incumbents. Defenx's global
distribution partners currently include 3Italia, Türk Telecom and
Western Digital, amongst others including telecoms operators,
systems integrators and original equipment manufacturers.
Defenx was admitted to trading on AIM on 3 December 2015,
acquired Memopal Srl in August 2016 and announced a strategic
partnership with BV-Tech, an Italian IT solutions provider, in
April 2017. These have allowed the Company to diversify its product
portfolio and grow its customer base by adding proprietary cloud
backup and encryption technology as well as new channel
partners.
Web: investors.defenx.com
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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