FLX Falanx Group Limited

TIDMFLX

Falanx Group Limited

09 May 2022

RNS Reach - non regulatory announcement

9 May 2022

FALANX GROUP LIMITED

(the "Company")

Developing Partnership to Provide M-EDR to UK Customers

Falanx Group Limited (AIM: FLX), the AIM listed cyber security business, are pleased to announce that ESET, Grove and Falanx Cyber are working together to promote Managed-Endpoint Detection and Response (M-EDR) solutions and services to customers across the region.

The ESET EDR capability is a leader in its field providing customers with protection from advanced persistent threats. The cloud-based version is now available enabling customers in the hybrid network environment to have full protection and control.

Additional value to the solution is gained from having it "managed and monitored 24x7". This involves having "eyes-on-glass" to delve into the areas that are highlighted as requiring further investigation. Falanx Cyber have the infrastructure and expertise to ensure that the EDR is "managed" effectively.

Grove have deep experience of helping organisations bring products to market at all stages of their development cycle.

EDR is a growing market and M-EDR is a crucial component to combat the threats posed as organisations evolve, the way they work changes, and the threats become more sophisticated. Together ESET, Falanx Cyber and Grove have the software, solutions, tools, and people to drive further adoption of an M-EDR solution.

The service has been live for some time and will be formally "launched" at CYBERUK 2022. The National Cyber Security Centre is proud to present CYBERUK 2022, the UK Government's flagship cyber security event, in ICC Wales, Newport on 10-11 May 2022.

Rick Flood, Managing Director Falanx Cyber, commented:

"We are excited to be partnering with ESET. We have been looking for a partnership with a vendor who is steeped in security and ESET is exactly that. They fully understand the need for a SOC service behind their EDR and we are proud that they have chosen us."

Enquiries:

 
Falanx Group Limited             Via IFC 
 Alex Hambro Chairman 
 Mike Read CEO 
 Ian Selby CFO 
 
IFC Advisory Ltd, Financial PR 
 & IR 
 Graham Herring, Zach Cohen      +44 (0) 203 934 6630 
 

About Falanx Cyber

Falanx Cyber was established to offer offensive and defensive Cyber Security solutions to the mid-market. Part if the Falanx Group (AIM Ticker: FLX) Falanx Cyber protects, defends, and informs businesses in the face of growing cyber risks.

Complete, proactive cyber offensive & defensive services are available from Falanx Cyber, in line with our goal to bring enterprise class solutions to all sizes of business. Partnering closely with our clients, we use human curiosity, intelligence, vigilance, tools, and technology to provide targeted threat prevention to businesses like yours. Whether your need for cyber resilience is rooted in remaining compliant or mitigating risk, our experienced and friendly staff are here to help. Deep understanding of industry requirements and the far-reaching implications of cyber breaches enables us to help you to make better informed, confident choices. Benefit from our trusted, reliable team and forgo the stress associated with protecting your business. For more information, please visit www.falanxcyber.com

About ESET

For more than 30 years, ESET (R) has been developing industry-leading IT security software and services to protect businesses, critical infrastructure, and consumers worldwide from increasingly sophisticated digital threats. From endpoint and mobile security to endpoint detection and response, as well as encryption and multifactor authentication, ESET's high-performing, easy-to-use solutions unobtrusively protect and monitor 24/7, updating defences in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company that enables the safe use of technology. This is backed by ESET's R&D centers worldwide, working in support of our shared future. For more information, visit www.eset.co.uk

About Grove

Grove is a Cyber Security led technology business serving over 2,500 customers globally. We partner with leaders in their field to deliver services to customers that enable them to Monitor, Detect and Respond to threats that their people, systems and networks are exposed to. Deloitte has acknowledged us on three occasions as one of the fastest growing technology companies in the United Kingdom, as well as Europe, the Middle East and Africa (EMEA). For more information, please visit www.groveis.com

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