CENTENNIAL, Colo., June 26, 2018 (GLOBE NEWSWIRE) -- VirtualArmour International Inc. (OTCQB:VTLR)
(CSE:VAI) (3V3:F), a premier cybersecurity managed services provider, has received a three-year managed security services and
hardware contract from a large retail wellness brand.
Valued at $250,000, the majority of the contract involves providing managed security services, including 24/7/365 alerting,
management, maintenance and prevention.
VirtualArmour anticipates expanding the contract with additional managed services later this year, including managed firewall in
the third quarter and managed cloud access security brokers (CASB) in the fourth.
The customer was introduced to VirtualArmour through its new reseller partnership with Alacrinet, a leading IT solutions
consultancy, which was announced in January.
“We see this as the first of many customer wins to come from our synergistic relationship with Alacrinet,” said VirtualArmour
CEO Russ Armbrust. “Key major channel partners like Alacrinet strengthen our market reach, as we continue to grow our high-margin,
managed security services business.”
According to Brian Bouchard, president and CEO of Alacrinet: “VirtualArmour enhances our ability to offer leading cybersecurity
managed services, hardware and software to our broad range of clients. Our engagement by this prominent wellness brand company
provides significant validation of the comprehensive cybersecurity benefits we can now offer, and we see great potential for these
benefits to add value to many of our other clients.”
With six offices spanning the U.S. and one location in Puerto Rico, Alacrinet provides digital and cybersecurity consultancy
services to a host of notable brands, including the USDA, U.S. Department of Energy, Activision and Uber.
Alacrinet and VirtualArmour recently hosted a Security Summit in Denver with 30 joint customers. The next Security Summit will
be held in Southern California on July 19, 2018.
About Alacrinet
Alacrinet Consulting Services is an IBM Premier Business Partner and a leading consulting company and solutions integrator with
offices in Miami, Washington DC, Denver, Costa Mesa, Palo Alto and Puerto Rico. With an elite team of highly skilled consultants
with broad architectural knowledge, deep technical skills, and access to developers and product support personnel through a network
of partners.
Alacrinet has been implementing successful Enterprise solutions for more than 15 years. In that time, the company has
implemented a wide variety of security solutions for numerous industries. For more information, visit www.alacrinet.com.
About VirtualArmour
VirtualArmour International is a 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 U.S. and UK-based
security operation centers. Through partnerships with best-in-class technology providers, VirtualArmour delivers 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 Fortune 500 companies and several industry sectors in over 30
countries across five continents. For further information, visit 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.
Company Contact
Russ Armbrust
CEO
VirtualArmour International Inc.
Tel (720) 644-0913
Email Contact
Investor Relations:
Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
Email Contact
