root9B Announces $790,000 Cyber Defense Contract Extension with Fortune 500 Company
COLORADO SPRINGS, Colo., Nov. 22, 2016 /PRNewswire/ -- root9B, a root9B Technologies Company (OTCQB: RTNB) and leading provider of advanced cyber defense operations, services, and products for commercial and government clients, announced today a contract extension with a Fortune 500 company. This new contract extends root9B's HUNT Operations through October 2017, with a value of more than $790,000.
root9B will continue to provide Manned Information Security services utilizing its ORION HUNT platform from the Adversary Pursuit Center (APC) located in Colorado Springs, CO. root9B's APC is a first-of-its-kind, 24/7/365 manned operations facility that offers real-time, remote computer network defense. root9B's cyber-defense operators leverage the ORION platform to remotely detect, pursue, and remove advanced and dynamic cyber adversaries.
"We are excited to continue this strategic partnership," said Eric Hipkins, root9B CEO. "Our team continues to prove that the Manned Information Security approach, combined with our advanced HUNT platform, has reshaped the cybersecurity industry."
root9B is the #1 company on the Cybersecurity 500 for the 4th Quarter in a row. The Cybersecurity 500 is the definitive list of the world's hottest and most innovative companies in the cybersecurity industry as compiled by Cybersecurity Ventures.
Based in Colorado Springs, Colo., root9B is a leading provider of advanced cybersecurity services and training for commercial and government clients. Combining cutting-edge technology, tactics development, specialty tools, and deep mission experience, root9B personnel leverage their extensive backgrounds in the U.S. Intelligence Community to conduct advanced vulnerability analysis, penetration testing, digital forensics, incident response, industrial control system (ICS) security, and active adversarial pursuit (HUNT) engagements on networks worldwide. For more information, visit www.root9B.com.
About root9B Technologies
root9B Technologies is a leading provider of Cybersecurity and Regulatory Risk Mitigation. Through its wholly owned subsidiaries root9B and IPSA International, root9B Technologies delivers results that improve productivity, mitigate risk and maximize profits. Our clients range in size from Fortune 100 companies to mid-sized and owner-managed businesses across a broad range of industries including local, state, and government agencies. For more information, visit www.root9BTechnologies.com.
Forward Looking Statements
Certain information contained in this press release may include certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on root9B Technologies' current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of root9B Technologies business. These risks, uncertainties and contingencies are indicated from time to time in root9B Technologies filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that root9B Technologies financial results in any particular period may not be indicative of future results. root9B Technologies is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.