Italy’s Eolo Expands Allot NetworkSecure License to Meet Growing Demand for Cybersecurity Services
22 Settembre 2021 - 12:01PM
Italy’s Eolo Expands Allot NetworkSecure License to Meet Growing
Demand for Cybersecurity Services
Expansion to enable Eolo to protect a growing
number of fixed wireless consumer customers against the latest
cyber threats.
HOD HASHARON, Israel, September 22, 2021 -- Allot
Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of
innovative network intelligence and security-as-a-service (SECaaS)
solutions for communication service providers (CSPs) and
enterprises, today announced that Italian broadband provider Eolo
has decided to expand their Allot NetworkSecure capacity to meet
the demand of a growing number of their fixed wireless consumer
customers who are requesting cybersecurity services. To enable the
growth in requests, Eolo has ordered an expansion of its software
license from Allot.
NetworkSecure is a network-based cybersecurity service platform,
offering zero-touch, clientless operation, requiring no application
installation by the end customer. With NetworkSecure, the service
provider can offer its customers protection from cybersecurity
threats, including malware, viruses, phishing and ransomware. An
easy-to-use interface provides branded alerts and reporting that
help strengthen brand loyalty. NetworkSecure is the market leader
in the growing network-based, mass-market cybersecurity category,
protecting more than 20 million mobile users globally. Allot
reports that some service providers have achieved up to 50%
adoption rates with subscriber services based on NetworkSecure.
“At Eolo, we are fully committed to provide premium value-added
services to our customers. Some years ago, we started to offer
cybersecurity services based on Allot NetworkSecure. The demand for
this service has been surprisingly high and Allot demonstrated its
preparedness and flexibility to help us meet our needs,” said Guido
Garrone, CTO at Eolo. “We look forward to continue our relationship
with Allot and to provide cyberthreat protection to any and all
customers who want it.”
“The spike in demand for protection against cyberthreats is a
recurring theme that we have been witnessing at a number of CSP
customers, including Eolo,” said Amir Oren, VP Sales, EMEA and
LATAM at Allot. “Their customers understand the value of a reliable
cyberthreat protection service. But Allot NetworkSecure is not just
the ideal solution for CSPs. It also provides the CSP with a brand
differentiator and a significant new recurring revenue stream while
providing their customers with a zero-touch cybersecurity
experience.”
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About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading
innovative network intelligence and security solutions for service
providers and enterprises worldwide, enhancing value to their
customers. Our solutions are deployed globally for network and
application analytics, traffic control and shaping, network-based
security services, and more. Allot’s multi-service platforms are
deployed by over 500 mobile, fixed and cloud service providers and
over 1000 enterprises. Our industry-leading network-based security
as a service solution has achieved over 50% penetration with some
service providers and is already used by over 20 million
subscribers globally.
Allot. See. Control. Secure.
About EOLO
EOLO is a leading national telecommunications operator in the
Fixed wireless ultra broadband (FWA) connectivity for the
residential and business markets. Today EOLO is present throughout
Italy with coverage in over 6,500 municipalities thanks to a
network of over 3,400 BTS (radio repeaters) and more than 13,000km
of fiber backhaul. It offers services to more than 1.2 million
people and to about 75,000 companies, public administration and
professionals through connectivity solutions with a strong focus on
areas characterised by the so-called "digital divide". EOLO
relies on a network of over 15,000 employees, including
collaborators, technical installers and commercial partners in the
territory. Further information on EOLO's services can be found at
www.eolo.it.
Forward-Looking Statement
This release contains forward-looking statements, which express
the current beliefs and expectations of company management. Such
statements involve a number of known and unknown risks and
uncertainties that could cause our future results, performance or
achievements to differ significantly from the results, performance
or achievements expressed or implied by such forward-looking
statements. Important factors that could cause or contribute to
such differences include risks relating to: acceptance of our
products by our reseller and customer in EMEA, our ability to
compete successfully with other companies offering competing
technologies; the loss of one or more significant customers;
consolidation of, and strategic alliances by, our competitors,
government regulation; lower demand for key value-added services;
our ability to keep pace with advances in technology and to add new
features and value-added services; managing lengthy sales cycles;
operational risks associated with large projects; our dependence on
third-party channel partners for a material portion of our
revenues; and other factors discussed under the heading "Risk
Factors" in the Company's annual report on Form 20-F filed with the
Securities and Exchange Commission. Forward-looking statements in
this release are made pursuant to the safe harbor provisions
contained in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are made only as of the date
hereof, and the Company undertakes no obligation to update or
revise the forward-looking statements, whether as a result of new
information, future events or otherwise.
Seth Greenberg
Allot
0549222294
sgreenberg@allot.com
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