STOCKHOLM, SWEDEN. 2015-02-18, by Nikolas Georgii
Clavister (Nasdaq: CLAV), a leader in high-performance network security, has received a renewed order from one of South East Asia’s largest telecommunications providers, signing an agreement to secure business critical infrastructure used by its millions of subscribers.
As part of the order, Clavister will deploy its high-end products to secure a wide range of applications, including the central DNS servers, Voice-over-IP, Video on Demand services and more. The new deal is worth $75,000 USD bringing the total value of the agreement between the companies to $150,000 USD to Clavister, with potential for further orders and value growth.
The deployment will standardize the infrastructure on Clavister high-end appliances following the delivery of the first products that have already been successfully provisioned on the live network. The successful migration to Clavister’s high-end appliances will provide a solid platform for further growing the business quickly and efficiently.
The Clavister solution will help to prevent large scale cyber-attacks on the network such as the denial-of-service attack against Swedish internet service provider Telia in December 2014, severely affecting hundreds of thousands of customers over a period of several days.
Jim Carlsson, CEO of Clavister said: “This latest order demonstrates the high performance and versatility of our solutions in delivering security across carrier-grade networks. The relationship continues to strengthen and grow, as the customer deploys more of our solutions across its network. This presents additional opportunities for us in the future, both with this specific telecom operator but also with other operators as we expand across the Asian region.”
This latest deal, which follows on from a string of successes in the market including the acquisition of Amaranten in China, further enhances Clavister’s profile in Asia. Clavister has experienced significant success in the Asian-Pacific region and it is the fastest growing market for Clavister, as organisations from a variety of sectors demoinstrate substantial interest in the company's technology.
Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability. Clavister’s performance in the security sector was recognised in 2013 with the 2012 Product Quality Leadership Award from Frost & Sullivan. The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.
Clavisters Certified Advisor is Remium. Clavister is traded at NASDAQ OMX Stockholm and has more than 5400 shareholders.