Osirium Technologies PLC Distributor Appointed in Middle East & Nth Africa

TIDMOSI

Osirium Technologies PLC

16 March 2017

Press release 16 March 2017

Osirium Technologies plc

("Osirium" or "Company" or "Group")

Distributor Appointed in Middle East and North Africa

Osirium Technologies plc (AIM: OSI.L), the UK based cyber-security software provider, is pleased to announce that it has appointed its first distribution partner in the Middle East and North Africa (MENA) region. Spectrami, a distributor, focused on introducing niche and specialist technologies to the market, will support a recruitment campaign of key reseller partners.

Duncan Fisken has been appointed as Business Development Director for the MENA region. Duncan has over thirty years industry and regional experience. He will be responsible for executing Osirium's entry into the MENA region.

David Guyatt, Chief Executive Officer, commented:

"We are pleased to announce our distribution partnership with Spectrami. The MENA region is currently benefiting from significant government-led investment in countering cyber threats which, together with some high profile cyber-attacks, means there is a clear and present market opportunity. Osirium's innovative Privileged Access Management solution ideally positions us to capitalise on this.

We look forward to providing an update on our continued progress in due course."

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For further information:

 
 Osirium Technologies plc               Tel: [phone] 
                                                       2444 
 David Guyatt, Chief Executive 
  Officer 
  Rupert Hutton, Chief Financial 
  Officer 
  www.osirium.com 
 Panmure Gordon (UK) Limited           Tel: [phone] 
  (Nominated Adviser and                               2500 
  Broker) 
 Andrew Godber / Peter Steel 
  - Corporate Finance 
  Charles Leigh-Pemberton 
  - Corporate Broking 
 Yellow Jersey PR                  Tel: [phone] 
  (Financial PR) 
  Sarah Hollins 
 

Notes to Editors:

About Osirium

Osirium Technologies plc (AIM: OSI.L), is a UK based cyber-security software 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 PAM 2.0, which the Directors view as the next generation Privileged Account 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

About Spectrami

Spectrami is a Dubai based value added distribution house in the Europe, Middle East and Africa (EMEA) region which is armed with the innovative approach to channel empowerment through knowledge sharing and skill building. Spectrami brings niche technologies and solutions in the realm of Information Security, Data Centre Infrastructure, and Data Communication Networks.

This information is provided by RNS

The company news service from the London Stock Exchange

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March 16, 2017 03:01 ET (07:01 GMT)