By securing a distribution agreement for the entire European region with a renowned vendor Phriendly Phishing, the Company demonstrates its global capabilities and reinforces its standing as a provider of cutting-edge cybersecurity solutions in the European market, the report reads.
Following this partnership, Safetech Innovations’ subsidiary from UK will develop its capabilities as Managed Security Service Provider (MSSP) in the UK and Ireland to serve customers of various industries. This way, the UK subsidiary will provide a wide range of security services to help protect its clients’ information systems, networks, and data from potential cyber threats and attacks.
“We are excited about the opportunities brought about by this partnership and we remain committed to our main objectives to develop the company, offer added value to our customers and provide a safer digital landscape for the companies in Europe and beyond”, said Victor Gansac, Chairman of the Board of Directors and CEO of Safetech Innovations.
Safetech Innovations has been listed on the Main Market of the Bucharest Stock Exchange since February 6, 2023. The company currently has a market capitalization of almost RON202 million.