Telco Systems, is pleased to announce that it has been awarded a multi-year, multi-million dollar contract to be the sole supplier for the delivery of a leading-edge cyber security solution to a government defense ministry.
The cyber security solution selected is based on our premium 10G networking platforms and CELARE Cyber Systems’ proprietary software, which detects unknown threats based on complex algorithms for identifying network anomalies.
In its initial phase, the project is worth $3.7 million and is anticipated to grow to approximately $20 million over the next five years. It will be implemented in two phases beginning in Q4 2015 and in Q1 2016. Deployment is expected to be completed in 2016 with expansion to follow.
Telco Systems was awarded the long-term contract following a rigorous proof-of-concept (POC) program conducted over a two-year period in which its solution was deemed the best-of-breed among its competitors.
In this project, Telco Systems utilizes Celare’s software which enables comprehensive network monitoring for detecting, investigating and analyzing network threats and advanced persistent threats (APTs). Several of these solutions are currently undergoing POC programs with additional potential customers.
“We are proud to be selected as the sole supplier for the delivery of a strategic cyber-security solution of this magnitude,” said Ariel Efrati, Telco Systems’ CEO. “Our relentless pursuit of innovation together with our premium-level products and substantial, field-proven expertise are the keys to success for such a long-term and demanding commitment.”