Central and Eastern European Mobile Group Selects Allot Security-as-a-Service Solution
January 13 2020 - 5:17AM
Allot Ltd. (NASDAQ: ALLT) (ALLT), a leading global provider of
innovative network intelligence and cybersecurity solutions for
service providers and enterprises worldwide, today announced that a
Tier 1 mobile group , with operating units in several countries
throughout Central and East Europe, has chosen the Allot
NetworkSecure Security-as-a-Service (SECaaS) solution to protect
the company’s mobile users against cyber threats and to provide
parental control. Subscribers to the Allot cybersecurity solution
will pay a monthly fee to be shared between the operator and Allot.
The service will be launched initially by one of the country
operators in the group.
Enabled by Allot NetworkSecure, the operator will offer its
customers Security-as-a-Service to protect their mobile devices
against emerging cybersecurity threats, including malware,
phishing, ransomware and cryptojacking. Traditional end-point
security applications offered by operators gain only limited
traction as a mass-market solution. In contrast, the network-based
solution from Allot makes it easy for operators to deliver
Security-as-a-Service directly to customers who do not need to
install or update any applications.
The solution also delivers ongoing operator-branded
notifications to subscribers about the protection and value they
get from the service provider. Allot reports that this go-to-market
model has proven to enable other service providers to reach
double-digit service penetration.
NetworkSecure, part of the Allot Secure product suite, can be
optionally enhanced with Allot EndpointSecure to ensure cyber
protection both on and off the operator network. Allot Secure is
the market leader in the growing network-based, mass-market
cybersecurity category protecting more than 23 million mobile users
globally.
“The Allot network-based Security-as-a-Service solution is
quickly and easily integrated into the service provider network.
Our unique consumer engagement tools and zero-effort user
experience encourage subscriber participation, driving increased
ARPU, and customer loyalty,” said Hagay Katz, Vice President
Strategic Accounts - Cybersecurity at Allot. “We are privileged to
partner with a growing list of mobile and fixed service providers
who are discovering the benefits of the Allot SECaaS technologies
and business model.”
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About AllotAllot Ltd. (NASDAQ: ALLT, TASE:
ALLT) is a provider of leading innovative network intelligence and
cybersecurity solutions for service providers and enterprises
worldwide, enhancing value to their customers. Our solutions are
deployed globally for network and application analytics, traffic
control and shaping and network-based security-as-a-service.
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 23 million subscribers in Europe.
Allot. See. Control. Secure.
Forward-Looking Statement This release contains
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: acceptance of our products by our reseller and
customer in EMEA, 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
+972.9.761.7116
sgreenberg@allot.com
Ashley Ray
Fusion PR for Allot
+1.919.630.5508
ashley.ray@fusionpr.com
Ehud Helft / Gavriel Frohwein
Allot Investor Relations
+1.646.688.3559
Allot@gkir.com
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