Osirium Technologies PLC Contract win (4584F)

TIDMOSI

RNS Number : 4584F

Osirium Technologies PLC

21 February 2018

For immediate release

21 February 2018

Osirium Technologies plc

("Osirium" or "Group")

Contract win with a Global Online Retailer

Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to announce a contract win with a global online fashion retailer.

The Group has appointed Osirium to deliver its full PxM product offering of Privileged Account Management, Privileged Task Management, Privileged Session Management modules and associated consultancy services, supporting over 1,000 servers.

David Guyatt, Chief Executive Officer, commented: "We are delighted to have won a contract with a prestigious global online fashion retailer. The development is significant for Osirium as we continue to play a crucial role in providing solutions that protect companies from future cyber-attacks. Osirium looks forward to working closely with the Group and we pride ourselves in offering a trusted and reliable service."

- Ends -

For further information:

 
 Osirium Technologies plc              Tel: [phone] 
                                                       2444 
 David Guyatt, Chief Executive 
  Officer 
  Rupert Hutton, Chief Financial 
  Officer 
  www.osirium.com 
 Stifel Nicolaus Europe                Tel: [phone] 
  Limited                                              7600 
  (Nominated Adviser and 
  Broker) 
 Fred Walsh / Neil Shah 
  / Ben Maddison 
 Yellow Jersey PR                  Tel: [phone] 
  (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, 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 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

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February 21, 2018 02:00 ET (07:00 GMT)