Osirium Technologies

Contract win with major regional NHS Trust

RNS Number : 5144D
Osirium Technologies PLC
20 February 2020
 

20 February 2020

RNS REACH

 

 

Osirium Technologies plc

("Osirium" or "Group")

 

Contract win with major regional NHS Trust

 

Osirium Technologies plc (AIM: OSI.L), a leading vendor of cloud-based cybersecurity software, is pleased to announce a contract win with one of the UK's largest regional NHS Trusts.

 

The new client has purchased a 36 month term license for 500 devices, with Osirium delivering its PxM Platform including the Privileged Access Management, Privileged Task Management and Privileged Session Management modules.

 

The PxM platform has been selected in a public sector tender bid against competing bids from two other Privileged Access Management solution providers to minimise the risk of security breaches in a mixed Windows and Cisco environment. Drivers for the implementation include securing and controlling access to the infrastructure by the 3rd party contractors, vendors and service providers on whom the Trust depends. The platform is also being used to enhance security by controlling and reducing the number of privileged accounts accessed by internal staff.

 

David Guyatt, Chief Executive Officer, commented : "This brings another NHS Trust into our client roster and shows that Osirium is increasingly recognised as the PAM specialist best able to help these organisations address the security challenges they face.  We see this as a further illustration of how NHS customers see us as strategic partners in strengthening the security of their IT operations."

 

 

Ends -

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

 


Alma

(Financial PR)

Hilary Buchanan / Josh Royston / Kieran Breheny

 

 

Tel: +44 (0) 203 405 0205

 

 

Notes to Editors:

Osirium Technologies plc (AIM: OSI) operates in one of the fastest growing parts of the cybersecurity market and is a leading vendor of Privileged Access Security solutions. 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 Privileged Access Management solution. Osirium's award-winning 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. Building on Osirium's Privileged Task Management module, in May 2019 Osirium launched Privileged Process Automation, providing a highly-flexible platform for automating essential IT processes to set a new benchmark in IT Process Automation. This was followed by the launch of Privileged Endpoint Manager in December 2019, bringing the total portfolio to three complementary solutions.

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.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
NRAKKCBPPBKDOBD