VirtualArmour Wins $330K Project that Includes Network Audit with Global Service Provider
CENTENNIAL, Colo., Aug. 05, 2019 (GLOBE NEWSWIRE) -- VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), a premier cybersecurity managed services provider, has expanded its security services engagement with a leading global satellite service provider that provides comprehensive, end-to-end managed network services around the world. The contract value totals more than $330,000.
The VirtualArmour network architecture and engineering team has been brought in to conduct a thorough evaluation of the infrastructure of this existing client, to determine the exact state of both the physical and logical topology, as well as the state of the various routing and transport protocols operating within the environment, with the goal of identifying performance or security gaps.
The hardware portion of this project was won with high-performance networking and security solutions from Juniper Networks. This opportunity will build on the almost $2M additional hardware, software and services deals that have been closed since January of 2019 for this customer.
“We engaged VirtualArmour to provide a complete network audit of a large portion of our network gateways. These gateways serve as the key link between our satellites in orbit and the ground network infrastructure that carries network traffic between satellites and ultimately delivers it to the global internet backbone,” states the Vice President of Network Strategy and IT, from the company. “The gateway network was built many years ago and has been continuously modified since its initial inception. Slight differences between each gateway has accumulated over time resulting in operational difficulties and lack of visibility into the environment. With VirtualArmour’s knowledge and expertise with our network, this project will seamlessly and securely increase our services provided to billions of people worldwide.”
“In the satellite industry, a significant cost can be associated with every byte transferred across the satellite network, and network efficiency is of utmost importance,” stated VirtualArmour’s Vice President of Product, Tianyi Lu. “By reducing the operational overhead, significant business savings can be had that will ultimately reduce the operating costs for our client and that will lead to an improved bottom line.’’
About VirtualArmour
VirtualArmour International is a global cybersecurity and managed services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.
The company maintains 24/7 client monitoring and service management with specialist teams located in its U.S. and UK-based security operation centers. Through partnerships with best-in-class technology providers, VirtualArmour delivers leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. The company’s proprietary CloudCastr client portal provides unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.
VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. For further information, visit .
Important Cautions Regarding Forward Looking Statements
This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning a service contract VirtualArmour has entered into with a current client, VirtualArmour’s continued relationship with various suppliers, the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct.
Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of the Company in performing the IT implementation and migration, performance under the contract by all parties, the ability of VirtualArmour to meet timelines, the continued availability of necessary hardware, the absence of any trade war or tariffs affecting VirtualArmour’s ability to perform, competitive risks and the availability of financing. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
Company Contact
Russ Armbrust
CEO
VirtualArmour International Inc.
Tel (720) 644-0913
