Osirium extends European Presence

RNS Number : 6043H

Osirium Technologies PLC

12 June 2017

 

Press release                                                                                                                  12 June 2017

Osirium Technologies plc

("Osirium" or "Company" or "Group")

Osirium extends European Presence

Osirium Technologies plc (AIM: OSI.L), a UK based cyber-security software provider, today announces that it will expand into Germany.  

Riko Schick has been appointed as Business Development Director for the DACH region.  He has over 20 years of experience working with software vendors such as Barracuda, Cybersecurity and Eplan and will be responsible for building and supporting a network of partners throughout the region.   

David Guyatt, Chief Executive Officer of Osirium Technologies commented:

"The decision to enter the German market is part of our longer-term global growth strategy centered around developing a robust network of channel partners, which we have started building in the UK, Middle East and North Africa and Asia Pacific.   Riko has strong connections with both distributors and resellers and is well placed to drive forward our German network."

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For further information:

Osirium Technologies plc	Tel: [phone]
David Guyatt, Chief Executive Officer Rupert Hutton, Chief Financial Officer www.osirium.com
Panmure Gordon (UK) Limited (Nominated Adviser and Broker)	Tel: [phone]
Andrew Godber / Peter Steel  - Corporate Finance Charles Leigh-Pemberton - Corporate Broking
Yellow Jersey PR (Financial PR) Sarah Hollins	Tel: [phone]

Notes to Editors:

About Osirium

Osirium Technologies plc (AIM: OSI.L), is a UK based cyber-security software provider.  Osirium protects critical IT assets, infrastructures 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 (Privileged Access Management) solution.  The team has developed the concept of Virtual Air Gap to separate users from passwords, with Osirium's Privileged Task Management module further strengthening Privileged Account security and delivering 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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