Osirium Technologies PLC Contract win with additional UK Ambulance Service
December 09 2020 - 2:00AM
RNS Non-Regulatory
TIDMOSI
Osirium Technologies PLC
09 December 2020
9 December 2020
REACH
Osirium Technologies plc
("Osirium" or "Group")
Contract win with additional major UK Ambulance Service
Osirium Technologies plc (AIM: OSI.L), a leading vendor of
cloud-based cybersecurity software, is pleased to announce a
contract win with an additional major regional UK Ambulance
Service.
The new contract represents a further instance of Osirium
displacing an incumbent PAM provider and being selected in
preference to other PAM vendors. The initial order is for the
Osirium PAM platform including the Privileged Access Management,
Privileged Task Management and Privileged Session Management
modules for 375 devices over a 36-month term. 24/7 support,
professional services and training are included in the
contract.
The order continues Osirium's success in 2020 in securing
business from the UK Ambulance Service sector in conjunction with
ITHealth, an approved reseller partner specialising in
cybersecurity for healthcare service providers. Key factors in the
selection are Osirium's local presence and 24/7 support
capabilities, flexibility of licensing, breadth of PAM
functionality, and ease of deployment and use.
The principal initial d river for the client in this contract is
demonstrating compliance with the NHS Data Protection Security
Toolkit directive, to provide assurance of good data security
practices and correct handling of personal information. The Osirium
PAM platform will be used to carry out a number of functions across
a mixed Windows and networking environment, including backups,
controlling access, managing credentials, and providing a
comprehensive, end to end audit trail. The client also sees real
value in applying Osirium's task and process automation
capabilities. This allows them to securely delegate activities
requiring privileges to staff outside the immediate project team,
and, thus, reduce workload strain on specialist IT resources.
Subsequent phases will also include secure management of 3(rd)
party access to the infrastructure, as well as additional controls
for internal access.
Following the announcement of a contract win with a major UK
communications and mobile services provider on 2 December 2020,
this new contract is a further endorsement of Osirium's strategy
and strong commercial momentum.
David Guyatt, Chief Executive Officer, commented : "I am
delighted that Osirium has been able to secure another win in the
NHS and Emergency Services sector and, yet again, displace an
incumbent PAM supplier. This contract endorses multiple aspects of
our strategy: our focus on simplicity and ease of deployment that
other vendors fail to match; our partnership with quality
specialist integrators; our commercial flexibiltity and agility in
securing this order within a three month sales cycle; and our
commitment to providing ourstanding support to our customers."
- 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 Limited Tel: +44 (0) 20 7710 7600
(Nominated Adviser and Broker)
Fred Walsh / Richard Short
Alma
(Financial PR)
David Ison / Josh Royston / Kieran Tel: +44 (0) 203 405 0205
Breheny
Notes to Editors:
Osirium Technologies plc (AIM: OSI) operates in one of the
fastest growing parts of the cybersecurity market and is a leading
vendor of Privileged Access Security solutions. Osirium's
cloud-based products protect 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 Privileged Access Management solution. Osirium's
award-winning Privileged Task Management module further strengthens
Privileged Account Security by minimising the cyber-attack surface
and delivering an impressive return on investment benefits for
customers. Building on Osirium's Privileged Task Management module,
in May 2019 Osirium launched Privileged Process Automation,
providing a highly-flexible platform for automating essential IT
processes to set a new benchmark in IT Process Automation. This was
followed by the launch of Privileged Endpoint Manager in December
2019, bringing the total portfolio to three complementary
solutions.
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 Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAEAKAPESDEFFA
(END) Dow Jones Newswires
December 09, 2020 02:00 ET (07:00 GMT)
Osirium Technologies (LSE:OSI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Osirium Technologies (LSE:OSI)
Historical Stock Chart
From Apr 2023 to Apr 2024