Tier 1 European Mobile Service Provider Partners With Allot To Protect Mobile Users Using Allot’s NetworkSecure Cybersecuri...
January 31 2019 - 9:49AM
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider
of innovative network intelligence and security solutions for
communication service providers and enterprises, announced today
that a Tier 1 European mobile service provider, has selected
Allot's NetworkSecure solution to protect the Company’s mobile
users against growing threats, including malware, phishing,
ransomware, and crypto-mining. The security as a service will be
offered to their approximately 2.5 million subscribers. Revenues
from those that choose to subscribe to security solution will be
shared between the two companies.
NetworkSecure, part of the AllotSecure product suite, is the
market leader in the growing network-based, mass-market
cybersecurity category protecting more than 21M mobile users
globally. The network-based solution enables Tier 1 European mobile
service provider to offer its customers a security service that
protects against rising cybersecurity threats as well as allows
parents to apply controls to their children’s mobile devices –
without the need to download and install anything on the devices.
Coupled with Allot’s consumer marketing suite, the GDPR- compliant
NetworkSecure solution has been proven to achieve up to 50%
penetration.
“We have consistently proven that our clientless network-based
security platform allows service providers to increase their ARPU
and strengthen their differentiation. Allot’s NetworkSecure
provides a seamless user experience and is easily integrated into
the service provider network,” said Hagay Katz, VP Strategic
Accounts, Cyber Security at Allot. “Our goal is to not only offer
the Tier 1 European mobile service provider’s customers the
much-needed security, but also support their business goals by
increasing penetration by up to 50% in certain markets through our
engagement tools and marketing expertise.”
About Allot
Allot Ltd. (NASDAQ, TASE: ALLT) is a provider of leading
innovative network intelligence and security solutions for service
providers worldwide, enhancing value to their customers. Our
solutions are deployed globally for network and application
analytics, traffic control and shaping, network-based security
services, and more. Allot's multi-service platforms are deployed by
over 500 mobile, fixed and cloud service providers and over 1000
enterprises. Our industry leading network-based security as a
service solution has achieved over 50% penetration with some
service providers and is already used by over 21 million
subscribers in Europe. Allot. See. Control. Secure. For more
information, visit www.allot.com.
Additional resources:
Allot Telco Security Trends Report:
http://info.allot.com/rs/639-LNU
402/images/Telco_Security_Trends_Q3_Press.pdf Allot Blog:
https://www.allot.com/blog/
Follow us on Twitter: @allotcomms
Follow us on LinkedIn:
https://www.linkedin.com/company/allot-communications/
Forward Looking Statement
This release may contain forward-looking statements, which
express the current beliefs and expectations of Company management.
Such statements involve a number of known and unknown risks and
uncertainties that could cause our future results, performance or
achievements to differ significantly from the results, performance
or achievements expressed or implied by such forward-looking
statements. Important factors that could cause or contribute to
such differences include risks relating to: our ability to compete
successfully with other companies offering competing technologies;
the loss of one or more significant customers; consolidation of,
and strategic alliances by, our competitors, government regulation;
lower demand for key value-added services; our ability to keep pace
with advances in technology and to add new features and value-added
services; managing lengthy sales cycles; operational risks
associated with large projects; our dependence on third party
channel partners for a material portion of our revenues; and other
factors discussed under the heading "Risk Factors" in the Company's
annual report on Form 20-F filed with the Securities and Exchange
Commission. Forward-looking statements in this release are made
pursuant to the safe harbor provisions contained in the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are made only as of the date hereof, and the company
undertakes no obligation to update or revise the forward-looking
statements, whether as a result of new information, future events
or otherwise.
Jodi Joseph Asiag
Allot
+972.9.761.7301
jasiag@allot.com
Ruchi Pandey
Fusion PR for Allot
ruchi.pandey@fusionpr.com
Ehud Helft / Gavriel Frohwein
Allot Investor Relations
+1-646-688-3559
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