RNS Reach

1 November 2023

Smarttech247 Group PLC

("Smarttech247", the "Group" or the "Company")

Smarttech247 Signs New Three-Year Contract

Order signed with global pharmaceutical solutions organisation

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce that it has signed a new deal with a global pharmaceutical solutions organisation, based in the USA, worth approximately €900,000 over three years. 

As part of the contract, Smarttech247 will deploy its AI-enhanced VisionX platform, a comprehensive cybersecurity solution that will help the client strengthen its security posture. VisionX is an all-encompassing cybersecurity platform, which includes 24/7 managed detection and response, security information and event management, and other key cybersecurity services.

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented:

"We are delighted to be chosen as a trusted cybersecurity partner to one of the largest global pharmaceutical solutions organisations. The pharmaceutical industry faces unique challenges in safeguarding critical and sensitive data, and we are committed to ensuring that we provide the highest level of cybersecurity protection and support.

"With the VisionX platform at their disposal, we will be able to greatly elevate its cybersecurity defences, ensuring the integrity of its critical data, and the protection of its intellectual property."

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About Smarttech247

Smarttech247 is a multi-award winning automated MDR (Managed Detection & Response) company. Its platform is trusted by international organisations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response.

The Group's services are geared towards proactive prevention and it achieves this by utilising the latest in cloud, big data analytics and machine learning, along with an experienced incident response team. In recognition of its innovative technology, Smarttech247 was named by Chambers Ireland InBusiness Recognition Awards as Cyber Security Company of the Year 2023.

Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland and the USA. The Company was admitted to trading on AIM on 15 December 2022.

 For further information please visit www.smarttech247.com