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VANCOUVER, Nov. 1, 2016 /CNW/ - VirtualArmour International Inc. (the "Company") (CSE:VAI), an IT solutions provider that helps enterprises build, monitor, maintain and secure their networks from cloud to core, is pleased to announce that the Company has received an order for USD $264,000 under their hardware and professional services platform from a global medical devices company that specializes in software solutions for oncology treatments.
"We are thrilled to see that global companies in a number of different verticals view us as a leading IT solutions provider that can manage their network infrastructure with our best of breed security technologies," said Matthew Brennan, President of VirtualArmour. "This particular customer, in the medical devices industry, has been purchasing from our Company since the beginning of the year and most recently made their largest purchase of USD $264,000 in the form of hardware and professional services. This is the type of repeat order that provides evidence to the marketplace that leading companies are ready and willing to continue spending their network budgets using VirtualArmour solutions."
"Moving forward into the later parts of 2016 and into 2017, we expect these types of repeat orders to continue growing as customers that began with us in early 2016 continue to see the added benefit of what we do," continued Matthew Brennan. "We expect the same trend where an initial small purchase will translate into a larger purchase down the road, providing us with a steady stream of higher spend per customer and recurring revenue."
VirtualArmour is an IT solutions provider that helps enterprises build, monitor, maintain and secure their networks from cloud to core. VirtualArmour's services run 24 hours per day, 7 days per week, 365 days per year through its primary security operations center ("SOC") located in Middlesbrough, U.K. and a secondary SOC located in Salt Lake City, Utah. Each member of VirtualArmour's team supports the three main facets of its business: managed services, professional services, and hardware sales, by handling the design, configuration and installation of advanced network and cloud architecture solutions. VirtualArmour uses best-in-breed partnerships to provide solutions for customers that are affordable, highly reliable, scalable, and backed by thorough knowledge of the related technologies, products, and platforms. VirtualArmour has secured partnerships with established technology businesses specializing in network appliances, software, and systems and provides its services to the mid- to large- enterprise and service provider markets. VirtualArmour customers include a 13-location data center provider, a Fortune 100 oil and gas company, multiple service providers with presences throughout the United States, and household name enterprise organizations located primarily in the western United States. Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website, http://www.VirtualArmour.com/.
This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
For further information: Company Contact: Matthew Brennan, President, Office: 720-398-5873, Matthew.Brennan@VirtualArmour.com; Investor Relations Contact: Babak Pedram, Office: 416-644-5081, firstname.lastname@example.org