Smarttech247 Group Plc

Regulatory Filings • May 7, 2024

National Storage Mechanism | Additional information

RNS Number : 2726N

Smarttech247 Group PLC

07 May 2024

Reach Announcement

7 May 2024

Smarttech247 Group PLC

("Smarttech247", the "Group" or the "Company")

Smarttech247 Announces Strategic Partnership with CNS Middle East to Deliver Next-Generation Cybersecurity Solutions in the Middle East

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce its partnership with CNS Middle East (CNS), a leading technology firm specialising in digital solutions across the Middle East.

Through this collaboration, Smarttech247 and CNS will combine their expertise to offer advanced cybersecurity solutions tailored to the unique needs of organisations in the Middle East. By leveraging Smarttech247's advanced threat detection solutions and CNS's expert capabilities, clients can expect enhanced protection against cyber-attacks, ensuring the security and resilience of their assets.

Raluca Saceanu, CEO of Smarttech247, commented:

"We are delighted to join forces with CNS to bring our comprehensive cybersecurity solutions to organisations across the Middle East. This collaboration marks a significant milestone in Smarttech247's expansion into the region, further solidifying our commitment to providing first-class cybersecurity solutions worldwide.

"With CNS's extensive experience and local knowledge complementing our innovative technologies, we are confident in our ability to deliver comprehensive cybersecurity protection and support to our clients in the region."

Asef Sleiman, General Manager of CNS Middle East, commented:

"Managed Detection and Response (MDR) is increasingly essential in today's cybersecurity landscape; it is required to enhance an organisation's cybersecurity posture, mitigate risks, and protect sensitive data from evolving cyber threats effectively. Having such a partnership will bring to the local market a high level of service in this field, which is currently lacking.

"We believe that Smarttech247, with its over 20 years of experience in this field and 24/7 global Security Operations Centres, along with our local cybersecurity experts, will add considerable value to our customers in this market. CNS Middle East is on a mission to make a positive impact in the cybersecurity market, protecting the data of our customers, and being ready to respond to any cyber-attack in less than 30 minutes."

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For further information please contact:

Smarttech247 Group PLC	Tel: +353 21 206 6033
Ronan Murphy, Executive Chairman Raluca Saceanu, Chief Executive Officer Nicholas Lee, Finance Director
SPARK Advisory Partners Limited - Nominated Adviser	Tel: + 44 (0) 20 3368 3550
Mark Brady / Adam Dawes
Shard Capital - Joint Broker	Tel: +44 (0) 20 7186 9900
Damon Heath
Fortified Securities - Joint Broker	Tel: +44 7493 989014
Guy Wheatley, CFA
Yellow Jersey PR Sarah Hollins / Annabelle Wills / Bessie Elliot	Tel: +44 (0) 20 3004 9512

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About Smarttech247

Smarttech247 is a multi-award winning automated MDR (Managed Detection & Response) company. Its platform is trusted by international organisations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response.

The Group's services are geared towards proactive prevention, and it achieves this by utilising the latest technologies, along with an experienced incident response team. In recognition of its innovative technology, Smarttech247 was named by Chambers Ireland InBusiness Recognition Awards as Cyber Security Company of the Year 2023.

Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland and the USA. The Company was admitted to trading on the London Stock Exchange on 15 December 2022.

For further information please visit www.smarttech247.com

About CNS Middle East

Established in 1987, CNS is a leading technology company with over three decades of experience. With a workforce exceeding 320 employees, including over 250 certified engineers, CNS delivers cutting-edge digital solutions for enterprise and human development. Operating across three countries, CNS possesses a profound understanding of Middle Eastern markets and offers innovative products driving digital transformation across diverse industries. Their commitment to innovation is evident through their in-house development of pioneering software, enriching their solutions portfolio.

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