Update on Investee Company

RNS Number : 9234C
RiverFort Global Opportunities PLC
24 June 2021
 

 

 

24 June 2021

RiverFort Global Opportunities plc

("RGO" or the "Company")

Update on Investee Company

Major contract win for Smarttech247

Further to RGO's announcement on 10 May 2021 regarding its investment in Smarttech247, the company has just announced that it has been awarded a multi-year contract for managed cyber security services by a global advanced manufacturing company, employing over 100,000 staff and a leading member of the Fortune Global-1000. 

 

After an extensive due diligence process, the contract was awarded to support strategic cyber security initiatives and ensure compliance to the latest industry regulated cyber security standards.  

 

This contract will see the cybersecurity services provider deploy its managed detection and response offering which combines the AI and automation of security tools with Smarttech247's own 24/7 Cyber Security Operations Centres.

 

Smarttech247 (incorporated in the Republic of Ireland as Zefone Limited), is a global artificial intelligence ("AI") based cyber security cloud business that protects enterprises as they migrate to cloud-based IT operations. Smarttech247 has over 100 technology partners, including Tanium and Crowdstrike, and 50 clients based in Europe and the US.

 

 

M ore information on Smarttech247 can be found on its website at https://www.smarttech247.com/ .  

Philip Haydn-Slater, Non-executive Chairman of RGO, said:  

"This is an excellent achievement for Smarttech and demonstrates the demand for its products and services on a global basis.  We are very pleased with the company's progress to date."

For more information please contact:

RiverFort Global Opportunities plc


+44 20 3368 8978

Philip Haydn-Slater, Non-executive Chairman



Nicholas Lee, Investment Director






Nominated Adviser


+44 20 7628 3396

Beaumont Cornish



Roland Cornish/Felicity Geidt









Joint Broker


+44 20 7562 3351

Peterhouse Capital Limited



Lucy Williams






Joint Broker


+44 20 7186 9950

Shard Capital Partners LLP



Damon Heath/ Erik Woolgar



 

 

 

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