Establishment of Cyber Security Capability

RNS Number : 0266F

Falanx Group Limited

17 April 2014

 



FALANX GROUP LIMITED

("Falanx")

Establishment of Cyber Security Capability

In its September 2013 Interim Results, Falanx Group Limited, a security and risk management consultancy working with blue chip and government clients worldwide, stated that its Cyber Security Division was in discussion with several high-quality cyber security providers with a view to the early establishment of a unique set of capabilities that can be offered as a single proposition for the overseas market. Significant progress towards this aim has now been made.

Falanx is pleased to announce it has entered into an Agreement with Assuria Limited ("Assuria") for a global licence to use its suite of cyber security software products, as part of Falanx's international cyber security proposition.  Assuria is a UK based developer of robust and proven Cyber Security solutions that are used by government agencies, public sector departments and commercial companies worldwide.  Assuria's software solutions are developed entirely in-house in the UK, using industry leading technologies, standards and processes.

In parallel Falanx has entered into an agreement with MDS Technologies Limited ("MDS"), a highly successful channel partner of Skyscape Cloud Services Ltd ("Skyscape"). Skyscape is the market leading provider of assured cloud computing services to UK government departments under the G Cloud contracting framework. MDS has specific expertise in providing data centre hosting and services to enable clients to move their computing and IT services into the cloud.

MDS is to form a strategic alliance with Falanx to develop new cyber security capabilities that can directly support its business by providing a wider range of security management services for its clients as well as gaining the benefit of Falanx's international network of business contacts.

Falanx management team has identified a clear demand within the UK and in its target regions of the Middle East and Asia for comprehensive cloud-based cyber security services.  By deploying Assuria's excellent security software alongside an existing high-quality provider of assured cloud computing services, Falanx will be able to provide a seamless and cost-effective suite of services for both government and private clients.

John Blamire, CEO of Falanx Group Limited, commented:

"The creation of a high-quality cyber security proposition is a central plank of Falanx Group's strategy. We are therefore delighted to have established a relationship with two outstanding companies such as Assuria and MDS to develop a comprehensive cyber security proposition for our clients."

17^th April 2014

For further information contact:

Falanx Group Limited            

John Blamire, Chief Executive   

Tel: [phone]              

www.falanxgroup.com            

WH Ireland Limited

Nominated Adviser & Joint Broker

Chris Fielding / Nick Field

Tel: [phone]

Peterhouse Corporate Finance    

Joint Broker                    

Jon Levinson / Lucy Williams    

Tel: [phone]              

Lothbury Financial Services
Michael Padley / Gary Middleton
Tel: [phone]

 

END

 

 

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