FOR IMMEDIATE RELEASE
April 14, 2020
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Contact: Elise Silagy
VirtualArmour Wins $4.1M Managed Services Contracts with Data Center Client
Denver, CO, April 2020: VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), a cybersecurity managed services provider, has won (3) contracts to manage a client’s network architecture and engineering, tier 1 operations center support, and data center optimization. The total contract value is $4,139,500 over a 3 year period.
Andrew Douthwaite, VirtualArmour CTO, highlights, “We are really pleased that this new contract extends our service offerings with one of our longest standing clients. As we manage and operate this client’s infrastructure, provisioning new customers and keeping client office locations operational through growth, we are hopeful our client sees the value of multiple VirtualArmour service offerings, building a lasting relationship where both companies can grow together successfully.” Managed service contracts to be covered include:
Network Architecture & Engineering
Audit existing network infrastructure, topology and design, identify inefficiencies and/or bottlenecks, and implementation of network architecture and site migrations.
Operation Center Support
Provide first line operations support 24/7 at a reduced cost and higher technical value for a major international data center provider. Customized to how the client wants their support delivered, seamless experience to thousands of client’s end customers operating under the guise of the client look and feel.
Data Center Optimization
Newly built and acquired data center locations to be combined into one logical, functional datacenter to provide the client with optimized traffic flow and a scalable architecture of the new next-generation network platform.
VirtualArmour offers end-to-end project management and support for the duration of these projects led by professionals with previous experience in network migration projects of equal or greater size. VirtualArmour also ensures a consistent review, knowledge transfer, handover and operational success of the new network architecture to the client. Client President & Chief Revenue Officer states, “VirtualArmour has become our trusted advisor when it comes to the build out of our security network and infrastructure. Working closely with us as we grow through acquisition to ensure a smooth transition on to our network is invaluable. The high-touch managed support that we rely on 24/7/365 from VirtualArmour allows us to continue our growth while ensuring the security of our company and our clients.”
VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial alerting, to the investigation phase to resolution. Visit us at www.virtualarmour.com
Important Cautions Regarding Forward Looking Statements
This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. 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.
Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of this partnership, the future deal potential from this partnership, future interest in such partnerships, competitive risks and the availability of financing. 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.