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Osirium Technologies (OSI)

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Friday 21 September, 2018

Osirium Technologies

Contract win with UK Fashion and Homeware Retailer

RNS Number : 1735B
Osirium Technologies PLC
21 September 2018
 

 

For immediate release

21 September 2018

 

 

Osirium Technologies plc

 

("Osirium" or "Group")

 

Contract win with UK Fashion and Homeware Retailer

 

Osirium Technologies plc (AIM: OSI.L), a leading vendor of cloud-based cybersecurity software, is pleased to announce a contract win with a major British multinational clothing, footwear and home products 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, initially supporting 100 devices.

 

David Guyatt, Chief Executive Officer, commented: "We are delighted to have won another contract with a leading retailer and to support this prestigious UK fashion and homeware brand.    Our role is to provide solutions to protect the Group's critical core infrastructure from third party and international cyber-attacks and we look forward to working with them."

 

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For further information:

Osirium Technologies plc

Tel: +44 (0) 118 324 2444

David Guyatt, Chief Executive Officer

Rupert Hutton, Chief Financial Officer

www.osirium.com

 

 

Stifel Nicolaus Europe Limited

(Nominated Adviser and Broker)

Tel: +44 (0) 20 7710 7600

Fred Walsh / Neil Shah / Alex Price

 

 

Yellow Jersey PR

(Financial PR)

Sarah Hollins

Abena Affum

 

 

Tel: +44 (0)7764 947 137

Tel: +44 (0)7555 159 808

 

Notes to Editors:

 

About Osirium

Osirium Technologies plc (AIM: OSI.L) operates in one of the fastest growing parts of the cybersecurity market and is a leading vendor of Privileged Access Management ("PAM") software. Osirium's cloud-based products protect 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 solution.  The team has developed the concept of a Virtual Air Gap to separate users from passwords.  Built on Robotic Automation technology, Osirium's Privileged Task Management module further strengthens Privileged Account security by minimising the cyber-attack surface and delivering an 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

 

 


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