Osirium Technologies PLC Osirium Signs Progress Distribution
07 February 2018 - 6:00PM
RNS Non-Regulatory
TIDMOSI
Osirium Technologies PLC
07 February 2018
For immediate release 7 February 2018
Osirium Technologies plc
("Osirium" or "Group")
Osirium Signs Progress Distribution
Osirium Technologies plc (AIM: OSI.L), a UK headquartered
cyber-security Software-as-a-Service ("SaaS") provider, has today
announced an agreement with Progress Distribution. Since launching
its channel programme in early 2017, Osirium has made significant
progress recruiting partners in a number of key territories.
Progress Distribution has an experienced leadership team which
have all worked in vendor, distribution and reseller environments.
They bring significant value, through consultancy services, to
every opportunity and are focused on addressing the significant
challenges that a Chief Information Security Officer ("CISO") faces
every day.
Commenting on the agreement, Tim Ager, Sales Director at
Osirium, said: "The market response to Osirium, and its approach to
Privileged Access Management (PAM), has been very positive. We have
strong partners in place, and will of course continue conversations
with others as the Group looks for links to strengthen the chain
further. Our accreditation process is robust, and supported at the
highest level, which means true partnerships are established.
Progress Distribution has an excellent reputation in the UK and we
look forward to working alongside the team to build further
momentum here."
John Quinn, founder and CEO of Progress Distribution, said: "The
Cyber Security space is moving quickly so we take a particular
interest in products that are essentially 'future-proofed.' Osirium
has changed the way organisations look at protecting privileged
accounts, separating users from passwords, and has built an
impressive customer base as a result. We are delighted to be adding
this PAM technology to our portfolio."
- 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 Tel: +44 (0) 20 7710
Limited 7600
Nominated Adviser and Broker
Fred Walsh / Neil Shah
/ Ben Maddison
Yellow Jersey PR Tel: +44 (0) 7764 947137
Financial PR
Sarah Hollins
Notes to Editors:
About Osirium
Osirium Technologies plc (AIM: OSI.L), is a UK headquartered
cyber-security Software-as-a-Service ("SaaS") 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
About Progress Distribution
Progress Distribution is a boutique IT incubator and distributor
that focuses on emerging technologies within Security, Networking,
Infrastructure and Storage. Osirium is the latest vendor to join
the company's strong portfolio of innovative technology brands,
which includes vendors such as Attivo Networks, Redseal, Trusted
Knight and PhishMe. Besides offering resellers with proactive
sales, business development, commercial and marketing support,
Progress Distribution also has a dedicated end user demand
generation team, which provides new technology vendors with an
extremely valuable go to market strategy for the UK and European
markets.
For more information please visit
www.progressdistribution.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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