Contract Signed for Cybersecurity Platform

Contract Signed for Cybersecurity Platform

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, January 26, 2023

Cybersecurity is a continuing challenge and this company was just awarded a contract to provide a platform for cybersecurity operational, educational, and training needs. 

Global cybersecurity and analytics company NVisium Technologies, Inc, (OTC PINK:VISM), announced in its press release that it was  awarded a  five year, $1.5 million contract with the Innovation Science & Security Center to deliver Visium's TruContext technology platform for cybersecurity in Burkina Faso. 

Through real-time and understandable situational awareness, the TruContext platform will be deployed to enhance cybersecurity and facilitate decision making, plans of action, predictions and mitigation of incidents.

Chief Executive Officer of Visium, Mark Lucky, commented, "This license agreement is just the first of many that we expect to execute in Burkina Faso and throughout the continent, as part of our initiative in Africa, the Middle East, and the Caribbean. We are seeing significantly increased investment and engagement in Africa in the cybersecurity space in the last three months with US-based companies, in both the private and public sectors across Africa and the Middle East".

The program offers the cyber industry's most advanced context overlay solution available, provides security analysts with real-time actionable information to protect the data, network, and applications of any organization. The platform's ability to ingest and overlay data from multiple data sources in real-time, delivers full context and visualizations that even the most junior analyst (or the most senior executive) can intuitively understand at-a-glance, then take action..

Shares were trading at $0.2215 in morning trade.


Copyright © 2023 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
Shares Up as Firm Launches First Short Spot Bitcoin ETP in the Nordics
Could This Stock Be The Next Big Mover In The Short-Term Rental Market?
Most Popular
FREE Newsletter


Back to Top