Hod Hasharon, Israel, January 13, 2021 (GLOBE NEWSWIRE) – Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network and security-as-a-service solutions (SECaaS) for communications service providers (CSPs) and enterprises, today announced the announcement of a tier mobile service provider -1 in Europe has selected Allot Secure solutions to deliver complete cyber-security services to its customer, SOHO and small business customers. Subscribers of the service pay a monthly fee which is shared between the service provider and Allot.
Allot Secure is the first platform to provide mobile users with a unified user experience for online and offline cybersecurity, including alert configuration, reporting and management. The service provider implements NetworkSecure and EndpointSecure, two solutions in the Allot Secure family.
NetworkSecure is a network-based solution, offering zero functionality without the hassle, without the need for application installation by the end customer. With NetworkSecure, the service provider can offer their customers protection from cybersecurity threats, including malware, viruses, phishing and ransomware. An easy-to-use interface provides alerts and branding statements that help strengthen brand loyalty. The NetworkSecure solution will be developed by Allot EndpointSecure, which ensures that the customer is protected from cyberthreats even when they are off the service provider’s network.
The Allot Secure solutions family is the market leader in the network-based wholesale cybersecurity sector, protecting more than 20 million mobile users worldwide. Allot reports that some service providers have achieved adoption rates of up to 50% with NetworkSecure-based membership services.
“Following a rigorous testing and evaluation process, Allot Secure was selected based on its advanced cyber security capabilities including encrypted traffic,” said Hagay Katz, VP Strategic Accounts, Cyber Security at Allot. “Once again, Allot Secure is revealing the appeal of a cybersecurity solution that could increase the service provider’s ARPU, brand loyalty and Net Promotion Score while generating new revenue . ”
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Additional resources:
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About Allot
Tha Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network and network security solutions for service providers and enterprises worldwide, increasing value for their customers. Our solutions are used globally for network and application analysis, traffic and configuration control, network-based security services, and more. Allot’s multi-service platforms are used by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-based network security as a service solution has surpassed 50% by some service providers and is already used by over 20 million registrars worldwide.
Allot. See. Control. Secure.
Statement looking forward
This publication contains forward-looking statements, which set out the current beliefs and expectations of a company’s governance. Such statements involve a number of known and unrecognized risks and uncertainties that may cause our future results, performance, or achievements to differ materially from those related. , achievements or achievements that are expressed or characterized by positive statements. Important factors that may cause or exacerbate such differences include risks associated with: acceptance of our products by our seller and buyer in EMEA, our ability to compete successfully with other companies offering competitive technologies; loss of one or more significant customers; consolidation and strategic alliances with our competitors, government governance; lower demand for value-added core services; our ability to keep abreast of technological advances and add new features and value-added services; managing long sales cycles; operational risks associated with major projects; our reliance on third-party channel partners for a significant proportion of our revenue; and other matters considered 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 news release are made in accordance with the safe haven provisions of the Private Security Literature Reform Act 1995. These forward-looking statements are made only from date hereof, and the Company assumes no responsibility to update or revise. the forward-looking statements, whether as a result of new information, future events or otherwise.
Seth Greenberg Allot +972 (0)549222294 [email protected] Kimberly Velasco Fusion PR for Allot [email protected] Ehud Helft / Kenny Green Allot Investor Relations +1-646-688-3559 [email protected]