root9B Awarded $4 Million Multi-year Cybersecurity Contract with Global Sector Leader
COLORADO SPRINGS, Colo., Dec. 15, 2016 /PRNewswire/ -- root9B, a root9B Holdings (OTCQB: RTNBD) company and leading provider of advanced cyber defense products, services, and training for commercial and government clients, announced today it has signed a multi-year agreement with a global sector leader. This partnership enhances the client's existing cybersecurity environment to protect their critical global mission.
Under the terms of the agreement, root9B will provide Active Adversary Pursuit (HUNT) operations, Threat Intelligence, and other cybersecurity services. root9B will leverage remote HUNT operations in the pursuit, identification, mitigation, and eradication of advanced cyber actors. The combination of root9B's Orion HUNT platform and business-context driven Threat Intelligence will create a cybersecurity environment focused on defeating the client's global adversaries.
"This partnership brings root9B's unique approach to Manned Information Security and HUNT operations to an important player in a critical sector," said Eric Hipkins, root9B's Chief Executive Officer. "The client is executing a vital global mission and we are excited to be part of the team."
Ranked as the #1 Cybersecurity company for four consecutive quarters by Cybersecurity Ventures (Jan 2016), root9B stands in defiance of the unwanted human presence within our clients' networks by attacking the root of the problem—the adversary's ability to gain entry and remain undetected. root9B's application of advanced technology developed through cutting-edge R&D and engineering and refined through relevant, hands-on training is revolutionary. root9B combines next generation 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 Adversary Pursuit (HUNT) engagements on networks worldwide. For more information, visit www.root9B.com.
About root9B Holdings
root9B Holdings is a leading provider of Cybersecurity and Regulatory Risk Mitigation. Through its wholly owned subsidiaries root9B and IPSA International, root9B Holdings 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.root9BHoldings.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 Holdings' 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 Holdings' business. These risks, uncertainties and contingencies are indicated from time to time in root9B Holdings' 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 Holdings' financial results in any particular period may not be indicative of future results. root9B Holdings 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.