VANCOUVER, Feb. 9, 2017 /CNW/ - Premier Managed Services Provider (MSP), VirtualArmour International Inc. (the "Company") (CSE:VAI), is pleased to announce the closing of four new clients in January, 2017. The new contracts will immediately deliver over US$350,000 in initial revenue with potential for additional business to be driven through ongoing professional and managed services.
As a clear indication of the growing importance of robust IT and cybersecurity infrastructure now required by businesses across multiple industries, the new VirtualArmour clients come from the diverse fields of medicine, energy and construction. Notably, the Company also secured the contracts from within, what are considered, highly competitive markets including Silicon Valley, CA and Houston, TX.
January also saw significant industry exposure with the US, Canadian and UK governments clearly highlight their growing concerns over the threats to businesses and national security posed by weak and/or out-dated cybersecurity practices.
"With a growing desire by businesses to migrate towards scalable, cloud-based IT systems together with a growing awareness of cybersecurity threats, our services have become increasingly valuable for global businesses," said VirtualArmour President Matthew Brennan. "Adding new clients is a great way to start the new year and we're in a strong position to capitalize on increasing market opportunities."
VirtualArmour is a premier Managed Services Provider (MSP) delivering customizable management of advanced network and security services to global businesses across numerous industry sectors. It is a trusted partner of several Fortune 500 organizations and uses only best-in-breed technology to protect and secure its clients.
VirtualArmour's services operate around the clock through its Security Operations Centers ("SOC") located in Middlesbrough, U.K. and Salt Lake City, Utah. 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 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, [email protected]; Nick Dinsmoor, Vice President Marketing and Business Development, Office: 720-644-0913, [email protected]; Media Relations Contact: Josh Stanbury, Office: 416 628 7441, [email protected]; Investor Relations Contact: Babak Pedram, Office: 416-644-5081, [email protected]