> Cyber Security Strategy - From Idea to Mobile App RealityVinova Our team will brainstorm with you on where to begin, where to go, and how to get you there. Whether you have a spark of an idea or an existing app – we can help. Getting your mobile strategy right is what our unique services are all about. We’ll wrestle with business challenges, discover new opportunities that will help you define and refine your product ideas into mobile app reality.

Cyber security firm archTIS announces record breaking quarter – Defence Connect

Cyber security firm archTIS announces record breaking quarter – Defence Connect

The ASX-listed cyber security company confirmed that the June quarter was the company’s best performing quarterly period, with a range of new business opportunities spanning government, defence and commercial entities.

The confirmation comes following the finalisation of the merger between archTIS and Nucleus Cyber this week, with the issuance of securities forming the final instalment of the deferred consideration.

According to a statement by the company, the record breaking quarter was driven primarily by new customer acquisition and business development across a range of industries, including government, defence and commercial sectors, with strong performance from the Kojensi and NC Protect products.

Daniel Lai, managing director and chief executive of archTIS, welcomed the company’s recent growth.

“ArchTIS delivered a strong record-breaking quarter. We set out with a plan to scale the business through the expansion of a global sales distribution network, increased market awareness and technology-leading product innovation. This has provided shareholders with another quarter of record revenue growth, strong customer cash receipts and an increasing recurring licensing business,” Lai said.

According to a release by the company, the total unaudited revenue had increased by 80 per cent on the prior quarter to $2.26 million. Meanwhile, gross profit was reported at $1.48 million, which is an 86 per cent increase on the previous quarter.

The release also confirmed that archTIS and Nucleus Cyber had completed their full integration. The integration between the two companies includes websites, CRMs, personnel and business development pipelines and procedures.

PROMOTED CONTENT

Commenting on the company’s recent merger with Nucleus Cyber, Kurt Mueffelmann, global chief operating officer and former CEO of Nucleus Cyber, noted that the company’s complementary characteristics resulted in a smooth and successful transition.

“Having completed over 20 merger and acquisition deals in my career, the integration with archTIS was one of the smoothest. With our combined complementary products, technologies and talent, we saw an opportunity to solve these industry challenges together on a global scale. It is a true testament to both teams’ ability to embrace the strategic vision of safeguarding the world’s most sensitive information while tactically executing on the highest levels of customer satisfaction, market awareness and operational efficiencies,” Mueffelmann said.

[Related: archTIS finalises merger with Nucleus Cyber]

Cyber security firm archTIS announces record breaking quarter

This content was originally published here.

Malcare WordPress Security

ruby on rails developer singapore,web application singapore,mobile apps development singapore,ios app development singapore,design agency singapore,ios developer singapore,singapore website design,singapore web development,mobile application developer singapore,web design singapore,singapore mobile app developer,graphic designer in singapore,developers in singapore,website design singapore,singapore mobile application developer,developer in singapore,website development singapore,mobile application development singapore,singapore app developer,mobile app development singapore,singapore web design services,singapore web design,android developer singapore,web design services singapore,mobile app developer singapore,app developer singapore,mobile apps singapore,mobile game developer singapore,mobile developer singapore,web development singapore,web designer singapore,website designer singapore,website developer singapore,web design company singapore,web development company singapore,design firms in singapore,app development singapore