BATAVIA, Unwell., Sept. 12, 2024 (GLOBE NEWSWIRE) — Excessive Wire Networks, Inc. (OTCQB: HWNI), a number one world supplier of managed cybersecurity, has been awarded an expanded annual contract renewal to ship enhanced managed cybersecurity at greater than a dozen luxurious automobile dealerships throughout the West Coast and Midwest U.S.
The renewal for the corporate’s Overwatch Managed Prolonged Detection and Response (MXDR) companies was secured by way of one among Excessive Wire’s premier managed service supplier (MSP) companions.
The renewal will increase the anticipated annual income by fivefold over the earlier yr, with further units added to the scope of the managed detection and response companies.
This expanded renewal contract demonstrates how our MSP companions look to Overwatch as a trusted, U.S. based mostly safety companion, and significantly for his or her high-value clients, said Overwatch division CEO, Ed Vasko. We earn this belief by working hand-in-hand to ship best-in-class safety companies which are aligned with our MSP companion’s enterprise technique and permits them to considerably develop their enterprise.
Overwatch MXDR offers a direct alert benefit to uncover threats shortly. The service is layered with the experience of U.S.-based Overwatch safety analysts who handle the instruments and monitor the client’s setting 24/7. Excessive Wire’s proprietary Overwatch AI-powered playbook manages responses to threats swiftly and successfully with clever, lightning-fast automation.
With regards to cybersecurity, pace issues, added Vasko. Our subtle strategies of real-time knowledge processing and evaluation, coupled with our high-touch service-delivery course of, permits Overwatch MXDR to determine and remediate issues as they come up, eliminating or minimizing their affect.
To study extra about Excessive Wire and its award-winning managed cybersecurity companies, go to HighWireNetworks.com or view its academic video collection on its YouTube channel.
About Excessive Wire Networks
Excessive Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning world supplier of managed cybersecurity. Via 200 channel companions, it delivers trusted managed companies for greater than 1,100 managed safety clients worldwide. Finish-customers embody Fortune 500 firms and most of the nation’s largest authorities companies. Its U.S. based mostly 24/7 Community Operations Middle and Safety Operations Middle is situated in Chicago.
Excessive Wire was ranked by Frost & Sullivan as a High 12 Managed Safety Service Supplier within the Americas for 2023. It was additionally named to CRN’s MSP 500 and Elite 150 lists of the nation’s high IT managed service suppliers for 2023 and 2024.
Be taught extra at HighWireNetworks.com. Observe the corporate on X, view its intensive video collection on YouTube or join on LinkedIn.
Ahead-Wanting Statements
The above information launch comprises forward-looking statements. The statements contained on this doc that aren’t statements of historic reality, together with however not restricted to, statements recognized by way of phrases corresponding to “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and different variations or destructive expressions of those phrases, together with statements associated to anticipated market developments and the Firm’s efficiency, are all “forward-looking statements” inside the which means of the Non-public Securities Litigation Reform Act of 1995 and contain numerous dangers and uncertainties. These statements are based mostly on assumptions that administration believes are cheap based mostly on presently out there info, and embody statements relating to the intent, perception or present expectations of the Firm and its administration. Potential traders are cautioned that any such forward-looking statements will not be ensures of future performances and are topic to a variety of exterior elements, uncertainties, enterprise dangers, and different dangers recognized in filings made by the corporate with the Securities and Change Fee. Precise outcomes might differ materially from these indicated by such forward-looking statements. The Firm expressly disclaims any obligation or endeavor to replace or revise any forward-looking assertion contained herein to mirror any change within the firm’s expectations with regard thereto or any change in occasions, circumstances or circumstances upon which any assertion relies besides as required by relevant regulation and laws.
Firm Contact:
Susanna Tune
Chief Advertising and marketing Officer
Excessive Wire Networks
Tel +1 (952) 974-4000
E-mail contact
Investor Relations:
Ronald Each or Grant Stude
CMA Investor Relations
Tel +1 (949) 432-7557
E-mail contact
Supply: Excessive Wire Networks Inc.
