Allot Presents an Award to Taiwan’s Far EasTone Telecommunications for Cybersecurity Leadership
August 02 2023 - 5:30AM
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider
of innovative network intelligence and security-as-a-service
(SECaaS) solutions for communication service providers (CSPs) and
enterprises, today announced that the company has presented Far
EasTone Telecommunications its prestigious Cybersecurity Leadership
Award for excellence in cybersecurity leadership. The Cybersecurity
Leadership Award acknowledges the service provider’s visionary
leadership and strategic direction in the cybersecurity domain. It
recognizes their ability to establish and drive a culture of
security aiming to protect their customers against cyber threats
while exceeding targets and showing growth month over month.
Far EasTone Guardian Network service has
experienced substantial growth since it launched in December 2022.
During this period, the Guardian Network service has blocked an
average of 47 attacks per user per month. This achievement is a
result of close collaboration between Far EasTone and Allot, a
drive for innovation on the part of both companies and the service
provider’s commitment to protecting their customers from cyber
threats.
NetworkSecure is a network-based cybersecurity
service platform, offering zero-touch, clientless operation,
requiring no application installation by the end customer. With
NetworkSecure, FET can offer its customers protection from
cybersecurity threats, including malware, viruses, phishing and
ransomware. An easy-to-use Chinese interface provides branded
alerts and reporting that help strengthen brand loyalty.
"Far EasTone Telecommunications is honored to receive this
award, as our mission states: 'Your world connected; easier, safer,
kinder, and greener.' FET’s Guardian Network service represents our
commitment to the network safety for our users. Also, we will
strive to exceed clients’ expectations with innovation and
technologies," said Chee Ching, President of Far EasTone
Telecommunications.
"I congratulate our partner, Far EasTone, on receiving the Allot
Cybersecurity Leadership Award for their rapid and successful
rollout of the Guardian Network service. The user-friendly,
zero-touch Allot NetworkSecure-powered solution, coupled with
strong management support, led to a significant surge in
subscribers to the service," said Erez Antebi, CEO of Allot.
###
Additional Resources:Allot Blog:
https://www.allot.com/blogTelco CyberTalk Podcast:
https://www.allot.com/resources/podcastsFollow us on Twitter:
@allot_ltdFollow us on LinkedIn:
https://www.linkedin.com/company/allot-communications
About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a
provider of leading innovative network intelligence and security
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, 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 is
already used by many millions of subscribers globally.
Allot. See. Control. Secure.
About Far EasTone Telecommunications Co., Ltd.
Far EasTone Telecommunications (FET),
established in 1997, is a leading Mobile Service company in Taiwan.
FET successfully launched 5G service in July 2020 during pandemic,
and is running the world-class network with steadily growing
adoption. FET also deployed the first 5G Telemedicine services, and
has since covered more than 60% of the rural villages to improve
their shortage of medical resources situation.
FET has invested in new economy for its 2nd
growth curve and transforming itself from telecommunications
business to a Technology Service Company, building its Big data,
AI, and IoT capabilities to provide not only Consumer digital
services but also Enterprise ICT & ESG solutions. The New
economy business continues to grow and has accounted for 19% of
FET’s total revenue in 2021.
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 549222294
jasiag@allot.com
Ehud Helft
Allot Investor Relations
+1-212-378-8040
Allot@ekgir.com
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