Hutchison Drei Austria Launches Network-based Security Solution, Powered by Allot, to Protect Mobile Users
August 22 2019 - 5:06AM
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 Hutchison Drei Austria, a leading mobile service
provider, has launched “lnternetschutz” – a security-as-a-service
powered by Allot's NetworkSecure solution to protect the Company’s
mobile and home users against various cyber threats. The engagement
between Drei and Allot is based on a recurring monthly fee derived
from the actual number of subscribers using Allot’s cyber security
solution.
Drei, enabled by Allot’s NetworkSecure, a network-based security
solution, will offer its customers a security service to protect
them against emerging cybersecurity threats, including malware,
phishing, ransomware, and crypto-mining. All this without the need
for subscribers to download or install anything on their
devices.
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. Coupled with Allot’s consumer marketing suite, the
GDPR-compliant NetworkSecure solution has been proven to achieve
high penetration.
“With our mobile users being exposed to newer, more
sophisticated threats every day, they are in need of a proven
security solution,” said Rudolf Schrefl, CCO at Drei. “We are,
therefore, excited to offer a secure and trusted mobile service,
while also enabling parents to be worry-free about how their
children are using their devices in the near future.”
“Easily and quickly integrated into the service provider network
and with a seamless user experience, our clientless, network-based
security platform delivers increased ARPU, and customer loyalty to
service providers across the globe,” said Hagay Katz, VP Strategic
accounts, Cyber Security at Allot. “We are proud to provide Drei’s
customers with the much-needed security they deserve, and also
support Drei’s business goals.
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 Blog: https://www.allot.com/blog/
Follow Allot on Twitter: @allot_ltd
Follow Allot on LinkedIn:
https://www.linkedin.com/company/allot-communications/
About Hutchison Drei Austria Hutchison Drei Austria GmbH
is a 100% subsidiary of CK Hutchison Holdings Limited (Hong Kong)
and part of the 3Group Europe. In 2018 Drei achieved a total
revenue of 881 million euros with about 3.9 million customers. As a
leading Austrian telecommunications provider the company offers
mobile communication, internet, fixed line, TV and business
solutions from a single source. Since its launch in 2003, the
company has been a pioneer for simple solutions for digital life
through to M2M/ IoT, network and IT solutions for companies. Next
to the biggest network of branded stores by an Austrian
telecommunications provider and an encompassing customer service
for residential and business customers, Drei provides the densest
4G network with a 98% coverage in population.
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.
Seth Greenberg
Allot
sgreenberg@allot.com
Ruchi Pandey
Fusion PR for Allot
ruchi.pandey@fusionpr.com
Ehud Helft / Gavriel Frohwein
Allot Investor Relations
+1-646-688-3559
allot@gkir.com
Allot (NASDAQ:ALLT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Allot (NASDAQ:ALLT)
Historical Stock Chart
From Sep 2023 to Sep 2024