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OSI Osirium Technologies Plc

2.20
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Osirium Technologies Plc LSE:OSI London Ordinary Share GB00BZ58DH10 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.20 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Osirium Technologies PLC Contract win (2857X)

23/11/2017 7:00am

UK Regulatory


Osirium Technologies (LSE:OSI)
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TIDMOSI

RNS Number : 2857X

Osirium Technologies PLC

23 November 2017

For immediate release

23 November 2017

Osirium Technologies plc

("Osirium" or "Group")

Contract win with a leading law firm

Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to announce that a leading law firm has signed a contract for a minimum of twelve months.

The customer is one of the leading providers of legal and claim-handling services to the UK general insurance sector, with offices in Manchester, Cardiff, Liverpool, London, Sheffield and Southampton.

Under the terms of the contract, Osirium will deliver its full PxM product offering of Privileged Account Management and Privileged Session Management modules and associated consultancy services.

David Guyatt, Chief Executive Officer, commented: "We are delighted to secure this new customer in the legal sector and a further 'land and expand' licensing deployment. Under FCA guidelines, it is good practice to implement 'powerful' administrator passwords and additional controls. They wanted their customers to be supported by robust processes and powerful IT and business intelligence services to deliver high-quality handling. Our PxM technology has enabled them to ensure these security systems are in place."

   -      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, infrastructures 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

CNTOKBDNOBDDBDB

(END) Dow Jones Newswires

November 23, 2017 02:00 ET (07:00 GMT)

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