VirtualArmour Finalizes USD$1.5M Contract Renewal with Existing Client

Virtual ArmourPress

VANCOUVER, British Columbia, Jan. 25, 2018 (GLOBE NEWSWIRE) — Premier Managed Services Provider, VirtualArmour International Inc. (the “Company”) (CSE:VAI) (3V3:F) (OTCQB:VTLR) announced today it had finalized a three year contract for the expansion of enterprise infrastructure management with an existing client in the global technology solution provider industry.

This expanded contract has a total value of USD$1.5M over its term and its scope includes the security monitoring, investigation, response and triage for the company’s 80+ locations across nine countries.

“The focus on prevention is growing within our client base and our dedication to delivering a personalized service experience is what has allowed us to continue to grow and to retain our clients in a competitive marketplace,” said Kyle Duffy, VP of Customer Experience at VirtualArmour. “Being a trusted partner has become even more critical when the impact of a breach doesn’t just impact operations, but the brand and its balance sheet. We continue to focus on integrating with our clients at the deepest levels and assist them in adopting a true, company-wide security culture.”

Due to the sensitivities inherent within the industry, VirtualArmour’s policy is not to disclose specific client details in press releases.

About VirtualArmour

VirtualArmour is an global cybersecurity and Managed Services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.

The Company maintains 24/7 client monitoring and service management with specialist teams located in its US- and UK-based security operation centers (“SOC”). Through partnerships with best-in-class technology providers, VirtualArmour delivers only leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.

VirtualArmour services a wide range of clients – which include those listed on the Fortune 500 – within several industry sectors, in over 30 countries, across five continents. 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  

Company Contact:

Nick Dinsmoor
Vice President Strategy and Marketing
Office: 720-644-0913
nick.dinsmoor@virtualarmour.com

Media Contact

Josh Stanbury
Office: 416-628-7441
josh@sjspr.co.uk

Forward-Looking Information:

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.