Osirium signs first United States customer & More News Here

Cloud-based cybersecurity and automation software program firm Osirium has signed its first customer within the United States, it introduced on Tuesday, by way of certainly one of its channel companions.

The AIM-traded agency mentioned the brand new customer, an unnamed funding financial institution primarily based in New York and listed on the New York Stock Exchange, selected its ‘Privileged Access Management’ (PAM) safety product.

It mentioned the contract was bought by way of reseller HIC Global along side one of many group’s new companions, software program distributor Prianto.

While the contract was not anticipated to have a fabric influence on the group’s outcomes for the present monetary yr, the administrators mentioned they thought-about it “strategically important” in demonstrating the potential demand for its merchandise within the vital US market.

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“We are delighted to announce this first win in the US, which represents further evidence of the opportunity to grow outside of the group’s core UK market,” mentioned chief government officer David Guyatt.

“This contract is strategically important and shows good referenceability as we continue to expand our footprint in this important region while working with our network of partners like Prianto to make it easy for customers to do business.”

Guyatt mentioned the community fashioned a “core element” of the group’s technique, each domestically and internationally, and prolonged its attain throughout the 5 continents by which it operates.

“In line with the maturation of the privileged security market alongside the broadening of the group’s network, Osirium expects to see a continued healthy pipeline of greenfield opportunities, both in the UK and overseas.”

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At 1240 BST, shares in Osirium Technologies have been up 5.16% at 8.15p.

Reporting by Josh White at Sharecast.com.

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