Seems very cheap at these levels. |
New SOC opened today in Middle EastSmarttech247 is proud to announce the opening of a new Security Operations Center in Abu Dhabi in partnership with CNS Middle East. This collaboration combines Smarttech247's global cybersecurity expertise with CNS Middle East's strong regional presence, delivering cutting-edge cybersecurity solutions to protect businesses in the UAE against evolving cyber threats. As part of our initiative we will also run an Emirati Women in Cybersecurity Academy in UAE adopting Smarttech247's long running commitment to diversity in cybersecurity. https://lnkd.in/eAiMWqiw |
Price Bailey have taken forever to complete the liquidation and apparently Smarttech are simply not responding to the request for the due share distribution (so Price Bailey say). It has taken so long that the price of the Smarttech shares is not half what it was when the liquidation started. Meanwhile, Nick Lee (ex-director of Conduity) seems to be enjoying the fruits of his labours as a director of Smarttech. For shareholders it is a less than happy story. |
Nothing much new here. However I can confirm that this bunch of scoundrels still have not paid out the shares due when Conduity Capital was liquidated after the IPO. |
 Reach announcement so not showing on advfn but these seem to be getting quite busy all the same..
Reach Announcement
7 May 2024
Smarttech247 Group PLC
("Smarttech247", the "Group" or the "Company")
Smarttech247 Announces Strategic Partnership with CNS Middle East to Deliver Next-Generation Cybersecurity Solutions in the Middle East
Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce its partnership with CNS Middle East (CNS), a leading technology firm specialising in digital solutions across the Middle East.
Through this collaboration, Smarttech247 and CNS will combine their expertise to offer advanced cybersecurity solutions tailored to the unique needs of organisations in the Middle East. By leveraging Smarttech247's advanced threat detection solutions and CNS's expert capabilities, clients can expect enhanced protection against cyber-attacks, ensuring the security and resilience of their assets.
Raluca Saceanu, CEO of Smarttech247, commented:
"We are delighted to join forces with CNS to bring our comprehensive cybersecurity solutions to organisations across the Middle East. This collaboration marks a significant milestone in Smarttech247's expansion into the region, further solidifying our commitment to providing first-class cybersecurity solutions worldwide.
"With CNS's extensive experience and local knowledge complementing our innovative technologies, we are confident in our ability to deliver comprehensive cybersecurity protection and support to our clients in the region."
Asef Sleiman, General Manager of CNS Middle East, commented:
"Managed Detection and Response (MDR) is increasingly essential in today's cybersecurity landscape; it is required to enhance an organisation's cybersecurity posture, mitigate risks, and protect sensitive data from evolving cyber threats effectively. Having such a partnership will bring to the local market a high level of service in this field, which is currently lacking.
"We believe that Smarttech247, with its over 20 years of experience in this field and 24/7 global Security Operations Centres, along with our local cybersecurity experts, will add considerable value to our customers in this market. CNS Middle East is on a mission to make a positive impact in the cybersecurity market, protecting the data of our customers, and being ready to respond to any cyber-attack in less than 30 minutes."
-Ends - |
That was my point bg.
DC |
Might be coincidence but last 4 trades were all small sells adding up to exactly 32,500 shares.
Sad market if mr 32,500 ran out of patience that quickly? |
nonrns so many likely didn't get to read it. Good to see all the same imo even if market seems to be waiting on no's before buying? |
Mr 32,500 was obviously expecting a bit more interest this morning, looks like quite an exciting longer term play to me. Will be keeping an eye on it.
DC |
Reach Announcement
03 April 2024
Smarttech247 Group PLC
("Smarttech247", the "Group" or the "Company")
Smarttech247 signs Strategic Partnership Agreement with Cisco
Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce it has partnered with Cisco to deliver a complete security solution for threat prevention, detection, investigation and response.
Cisco Systems Inc. (NASDAQ: CSCO) ("Cisco") delivers software-defined networking, cloud and security solutions to companies worldwide and recently completed its acquisition of cybersecurity firm Splunk Inc., which had already entered into its own strategic partnership agreement with Smarttech247 in October 2023. This new partnership will see Smarttech247 integrate Cisco's security technologies into its AI-enhanced cybersecurity services, offering clients an even more comprehensive and robust defence against evolving cyber threats.
Cisco's range of security technologies for network, device, user and cloud security will integrate with Smarttech247's existing suite of cybersecurity solutions. These technologies, combined with Splunk's cybersecurity capabilities gained in the recent acquisition, will enhance Smarttech247's VisionX platform, allowing organisations to proactively secure their digital assets and mitigate risks effectively.
Raluca Saceanu, Chief Executive Officer of Smarttech247, commented:
"We are delighted to partner with Cisco which, following its acquisition of Splunk, has become one of the largest software companies globally. This collaboration underscores our commitment to delivering top-tier cybersecurity services and reinforces our position as a trusted cybersecurity partner for organisations worldwide. Together with Cisco, we are well-equipped to provide our clients with the security they need to navigate the digital world with confidence." |
05 February 2024
Smarttech247 Group PLC
("Smarttech247", the "Group" or the "Company")
Smarttech247 Announces Integration of NoPhish Tool with Google Mail
Integration will see Enhanced Email Security Across Platforms
Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce the expansion of its NoPhish tool to users of Google Mail.
NoPhish, Smarttech247's email security tool, previously only available on Microsoft Outlook, is designed to empower users in the fight against phishing and other email-based threats. By integrating with Google Mail this expansion provides comprehensive email security solutions for a wider audience.
NoPhish, which won Email Security Solution of the Year at the 2023 Computing Awards in London and is available for immediate use with Google Mail, enables users to report suspected emails with ease, playing a crucial role in enhancing individual and organisational cybersecurity.
Upon reporting, NoPhish employs advanced analysis algorithms to evaluate the content and legitimacy of the reported emails, offering instant feedback to the user. In cases where an email is identified as suspicious or malicious, NoPhish takes proactive measures by automatically removing the email from the user's inbox, thereby mitigating the risk of accidental exposure to harmful content.
Raluca Saceanu, CEO of Smarttech247, commented:
"We are delighted to bring NoPhish to Google Mail users. Our mission has always been to provide cutting-edge, user-friendly cybersecurity tools and by making NoPhish available on one of the world's most widely used email platforms, we are taking a significant step towards making the digital world safer for everyone.
"The integration signifies major advancement in email security, as Google Mail's extensive user base can now benefit from Smarttech247's phishing detection and response technology. This expansion is part of our ongoing efforts to adapt and evolve in the face of ever-changing cyber threats, ensuring users across various platforms can enjoy a safer email experience."
- Ends - |
These are quite a way of their highs any reason to get excitable over the upcoming results?
Notice of Results
Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, intends to announce its final results for the twelve months ended 31 July 2023 in early January 2024. |
27/04/2023 07:00 UK Regulatory (RNS & others) Smarttech247 Group PLC Interim results LSE:S247 Smarttech247 Group Plc
Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, today announces its maiden unaudited interim results for the six months ending 31 January 2023.
Operational highlights
-- Admitted to trading on AIM in December 2022 raising GBP3.7 million via a placing of new ordinary shares
-- Continued growth of the customer base in the UK, Europe and the US
-- Multiple new contracts secured, including:
o Three-year VisionX contract with a Fortune 150 leading automotive retailer in the USA worth c.US$800,000
o Three-year agreement with a large US tech company worth c.US$400,000
o Two-year agreement with a prestigious Irish University worth c.EUR450,000
-- Headcount increased by 75% to deliver the proprietary technologies of VisionX, Threathub and NoPhish
-- Dedicated sales operation now established leading to a growing sales pipeline
-- New Women in Cybersecurity Academy launched in August 2022
-- Featured as a Fast 50 Technology Company by Deloitte Ireland in November 2022
Post-period end
-- New and renewed contracts secured:
o Existing contract with a global pharmaceutical client renewed for another year which is worth c.US$615,000
o Contract secured with a new client - a global pharmaceutical organisation
o New three-year contract worth over EUR100,000 with a leading climate solution company
o Extended the scope of an existing contract with a Fortune 500 customer
o Signed a letter of intent for a three-year contract with a major European financial services group
-- Successful Zero Day Con 2023 conference held in March 2023
-- Participation in new Managed Security Service Provider Program with partner, Forcepoint, a global security leader, announced in April 2023
-- Shortlisted by Small Cap Awards for IPO of the Year and by Tech Excellence Awards for Managed Security Service Provider for the Year
-- Grant of share options to employees
Financial highlights
-- Revenues increased by 19.4% to EUR4.62 million (31 January 2022: EUR3.87 million)
-- Adjusted EBITDA increased by 59.7% to EUR1.15 million (31 January 2022: EUR0.72 million)
-- Cash of EUR7.00 million at the period end (31 July 2022: EUR2.36 million)
Raluca Saceanu, Chief Executive Officer of Smarttech247, commented :
"I am pleased to announce our first set of results as an AIM-quoted company. Smarttech247 is already seeing the benefits from its admission with continued revenue and EBITDA growth, and we are now well funded to support our expansion strategy. We are actively progressing with the delivery of our new products and traction with international customers is continuing to develop as evidenced by our growing sales pipeline.
"As Smarttech247 continues to establish itself as a key player in the cybersecurity sector, we are pleased with the progress made to date, and look forward to continued growth and strategic advances. " ... |
That level of control is a double-edged sword, and has both positives and negatives.
What should really determine the share price movement is whether the company can continue to grow its revenues and profits, and by how much.
That clearly isn't easy to determine in advance, even for investors who have a particular knowledge of this area, which is why it can sometimes be so hard to choose the winners from the losers in this game. |
Interesting but possibly uninvestible as totally controlled by major holder - So why invest?
Name Number of shares Percentage of issued shares
Amplified Technologies Limited 74,447,389 60.00% |
02/02/2023 07:00 UK Regulatory (RNS & others) Smarttech247 Group PLC Contract win update LSE:S247 Smarttech247 Group Plc
Smarttech247, a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to provide an update on contract wins during the last quarter.
The Company, which was admitted to trading on AIM in December 2022, has secured a number of new multi-year contracts utilising its automated Managed Detection and Response Platform, VisionX. These include a three-year agreement with a large US tech company headquartered in Massachusetts and a two-year agreement with a prestigious university in Ireland worth c.$400,000 and c.$450,000 respectively over the lives of the contracts. The contract wins build on the three-year $800,000 contract with a Fortune 150 leading automotive retailer in the USA with annual revenues of over $20 billion which the Company won in October 2022.
Raluca Saceanu, Chief Executive Officer of Smarttech247, commented :
"We are delighted to have been awarded a number of multi-year contracts with prestigious organisations. It demonstrates Smarttech247's ability, not just in the UK and Ireland, but overseas, to deliver cybersecurity solutions to a growing list of global blue-chip clients. It also demonstrates the rapid adoption of our new platform, VisionX.
"Cyber threats are increasing in number and complexity every year. To protect brand reputation, customers' private and payment information, as well as sensitive IP, organisations are taking a focused cyber management approach to reduce their risk.
"We look forward to working in partnership to provide improved security solutions to all our customers and will update the market on future progress in due course." |
Current share price 19th. December 2022: 30.75p
124,078,982 shares in issue
Market capitalisation: £38.15M.
"WHY SMARTTECH247
We Keep You Secure"
15/12/2022 07:00 UK Regulatory (RNS & others) Smarttech247 Group PLC Admission to AIM and First Day of Dealings LSE:S247 Smarttech247 Group Plc
"Smarttech247, a multi-award-winning provider of AI enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, announces that its Ordinary Shares will today be admitted to trading on the AIM market of the London Stock Exchange ("Admission"). Dealings will commence at 8.00 a.m. under the ticker "S247". The Company's ISIN is GB00BMGNDN03.
As announced on 1 December 2022, Smarttech247 has successfully raised gross proceeds of GBP3.67 million for the Company, through a Placing of 12,385,828 new Ordinary Shares at the Placing Price of 29.66 pence per share. Based on the Placing Price, the Company's market capitalisation is approximately GBP36.80 million at Admission.
The Admission Document was published on 30 November 2022 and is available on the Company's website www.smarttech247.com .
The Company has a total of 124,078,982 shares in issue.
SPARK Advisory Partners Limited is acting as Nominated and Financial Adviser and Shard Capital Partners LLP is Broker to the Company.
Key Highlights
-- Smarttech247 is a multi-award-winning, AI-based cybersecurity organisation. It is led by a highly experienced Board and management team, with its head office located in Cork, Republic of Ireland and a client base predominantly in Europe and the USA.
-- The Company is profitable and cash generative and has achieved significant revenue growth in FY21 (20% over projected revenue and 50% growth compared to FY20) and expects continued growth in FY22.
-- Smarttech247 provides security solutions to a growing list of blue-chip clients (B2B) utilising an automated Managed Detection and Response Platform. The Group's services target proactive prevention for clients and utilise the latest methodology in cloud, big data analytics and machine learning, as well as incident response teams, to protect enterprises as they migrate to cloud-based IT operations.
-- Smarttech247 has a diverse portfolio of blue-chip customers that includes pharmaceutical, technology, industrial and services companies.
-- The Company has demonstrated a return on investment for clients that have implemented its platform. Forrester Consulting determined that the VisionX product provides in excess of a 300% ROI and EUR2 million net of present value (NPV), providing customers with a "payback" on investment within 6 months.
-- Smarttech247 is highly focused on innovation and operational excellence, and has exciting plans to continue to expand its Research and Development department in order to further enhance its security technologies. Two new proprietary technologies ThreatHub and VisionX were launched in 2022, in addition to NoPhish in 2021.
Raluca Saceanu, Chief Executive Officer of Smarttech247, commented :
"We are delighted to announce Smarttech247's successful admission to London Stock Exchange's AIM. The AIM quotation represents an important milestone for the Company to support our continued development of proprietary technology, increase our international presence and deliver new, innovative cybersecurity solutions. The Company intends to continue its growth both organically and, if appropriate, through complementary acquisitions in a highly fragmented global cybersecurity market.
"With the considerable experience of our Board and management team, we strongly believe that we are well placed to generate shareholder value.
"We look forward to updating the market on our future progress." ..." |
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