Crossword Cybersecurity PLC Investor Meeting and Trading Update (8023L)
17 5월 2022 - 8:03PM
UK Regulatory
TIDMCCS
RNS Number : 8023L
Crossword Cybersecurity PLC
17 May 2022
17 May 2022
Crossword Cybersecurity Plc
("Crossword" or the "Company")
Investor Meeting and Trading Update
Crossword Cybersecurity Plc (AIM: CCS), the cyber security
solutions company focused on cyber strategy and risk, announces
that f urther to its recent announcements, the Company will be
hosting an update on the Investor Meet Company platform on today at
2.00pm.
In the meeting, the CEO will announce that the Company has had a
strong start to 2022, building on the momentum made in 2021. The
roll out of Rizikon, Crossword's leading product, to membership
organisations continues, with the Company aiming to have 1,000
users of Rizikon by the end 2022.
In 2022, Crossword commenced its first engagement with a FTSE
100 company, delivering high end cyber consulting services.
Additionally, contracts have been entered into with clients in two
new overseas jurisdictions in 2022; one a government
institution.
The acquisition of Threat Status Limited completed in March
2022, was the Company's third acquisition in 12 months. Threat
Status Limited is a cyber intelligence company, and its two product
Trillion and Arc, bring the Company's SaaS product portfolio to
five products.
The Company will continue to focus on revenue growth in 2022,
and expects to deliver the Company and market expectations of 75%
revenue growth. Cross selling products and services, new client
acquisition and bringing Identiproof to market, will drive organic
growth. Having undertaken three successful acquisitions in the last
twelve months, the Company expects to be in position to drive
future growth with other acquisitions.
Click here to register for the Investor Meet Company event today
at 2.00pm A copy of the presentation will be available on the
Company's website following the meeting - Company Documents |
Crossword Cybersecurity .
The information contained within this announcement is deemed to
constitute inside information as stipulated under the retained EU
law version of the Market Abuse Regulation (EU) No. 596/2014 (the
"UK MAR") which is part of UK law by virtue of the European Union
(Withdrawal) Act 2018. The information is disclosed in accordance
with the Company's obligations under Article 17 of the UK MAR. Upon
the publication of this announcement, this inside information is
now considered to be in the public domain.
Contacts
Crossword Cybersecurity plc Tel: +44 (0) 333 090 2587
Tom Ilube, Chief Executive Officer Email: info@crosswordcybersecurity.com
Mary Dowd, Chief Financial Officer
Grant Thornton (Nominated Adviser) Tel: +44 (0) 20 7383 5100
Colin Aaronson / Jamie Barklem / Daphne Zhang / Ciara
Donnelly
Hybridan LLP (Broker) Tel: +44 (0)203 764 2341
Claire Louise Noyce
Kinlan Communications Tel: +44 (0)207 638 3435
David Hothersall
About Crossword Cybersecurity plc
Crossword Cybersecurity plc reduces the cyber risks for clients
by providing a portfolio of products and services, powered by
university and other research-driven insights. Crossword focuses on
the development and commercialisation of cyber security and risk
management related software and cyber security services. The
Group's specialist cyber security product development and software
engineering teams develop the research concept into a fully-fledged
commercial product that it will then take to market. The Group's
aim is to build up a portfolio of revenue generating, intellectual
property based, cyber security products. Rizikon Assurance,
Crossword's leading product, is a SaaS platform that enables medium
to large companies to assess and manage all risks from their
suppliers. Nixer CyberML, another Crossword product, is a new tool
for businesses that want to solve advanced security and cybercrime
problems, such as detecting and dealing with compromised accounts,
fraud, and in-application denial of service attacks. Identiproof,
is the World Wide Web Consortium (W3C) verifiable credentials
compatible middleware and wallet technology. Trillion and Arc are
the latest additions to Crossword's product suite, offering some of
the strongest and most advanced credential leak monitoring services
in the market. Crossword's team of expert cyber security
consultants leverages years of experience in national security,
defence and commercial cyber intelligence and operations to provide
bespoke cyber security consulting advice tailored to its clients'
business needs, including threat monitoring using Nightingale, our
world class platform.
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END
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(END) Dow Jones Newswires
May 17, 2022 07:03 ET (11:03 GMT)
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