VirtualArmour Ranked Amongst the Most Innovative Cybersecurity Companies to Watch in 2018

VirtualArmour International Inc.,(CSE:VAI,OTCQB:VTLR) a premier cybersecurity managed services provider, has been named to Cybersecurity Ventures’ Cybersecurity 500 list as one of the world’s “hottest and most innovative” cybersecurity companies to watch in 2018.

VirtualArmour ranks No. 282 on the Cybersecurity 500, a global compilation of leading companies who provide cybersecurity solutions and services.

“As a growing company focused on innovation and service, we are proud to be part of the Cybersecurity 500 that features some of the most notable security companies worldwide such as Palo Alto Networks, IBM Security, and Carbon Black,” said VirtualArmour CEO Russ Armbrust. “Being listed for the third consecutive year among many of our strongest peers is a testament to our rapid growth and emerging presence as a leading security services provider.

“As cyber threats continue to increase at alarming rates, so does the need for businesses to protect their vital data from incoming breaches. We are excited about the opportunity to bring VirtualArmour solutions to companies that need a cybersecurity partner.”

According to Cybersecurity Ventures’ 2017-2018 Cybercrime Report, global cybercrime damage costs will hit $6 trillion annually by 2021, up from $3 trillion in 2015.

About Cybersecurity Ventures

Cybersecurity Ventures is the world’s leading researcher and publisher covering the global cyber economy, and a trusted source for cybersecurity facts, figures and statistics. For more information, visit www.cybersecurityventures.com.

About VirtualArmour

VirtualArmour International is a global cybersecurity and managed services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.

The company maintains 24/7 client monitoring and service management with specialist teams located in its U.S. and UK-based security operation centers. Through partnerships with best-in-class technology providers, VirtualArmour delivers leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.

VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. For further information, visit www.virtualarmour.com.

Important Cautions Regarding Forward Looking Statements

This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although, VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct.

Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of the Academies, the future employee potential from the Academies, future interest in such programs, competitive risks and the availability of financing. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Company Contact
Russ Armbrust
CEO
VirtualArmour International Inc.
Tel (720) 644-0913
Email Contact

Investor Relations:
Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
Email Contact

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Source: globenewswire.com