COLORADO SPRINGS, Colo., April 6, 2016 /PRNewswire/ -- root9B, a root9B Technologies (OTCQB: RTNB) company and leading provider of advanced cyber defense services and training for commercial and government clients, announced today it has signed a multi-year, $2.8 million dollar agreement with a leading financial institution. This agreement will enhance the client's existing network security program and create an environment more focused on cyber defense.
Under the terms of the agreement, root9B will provide numerous services including active adversary pursuit (HUNT) operations. root9B will leverage remote HUNT operations in the pursuit, identification, mitigation, and eradication of advanced cyber actors. root9B's proprietary HUNT platform, Orion, utilizes agentless technology to enable remote interactive operations to defeat the adversary.
"We are excited to provide active defense operations services to another customer in the financial industry," said Eric Hipkins, root9B's Chief Executive Officer. "The commercial sector continues to realize traditional cybersecurity mechanisms are not sufficient and that there is a need for a new generation of cyber operations focused on defense."
Based in Colorado Springs, CO, root9B is a leading provider of advanced cybersecurity services and training for commercial and government clients. Combining cutting-edge 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 Technologies, Inc.
root9B Technologies (OTCQB: RTNB) is a leading provider of Cybersecurity and Regulatory Risk Mitigation Services. Through its wholly owned subsidiaries root9B and IPSA International, root9B Technologies delivers results that improve productivity, mitigate risk and maximize profits. Its 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.root9btechnologies.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 Technologies' 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 Technologies business. These risks, uncertainties and contingencies are indicated from time to time in root9B Technologies 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 Technologies financial results in any particular period may not be indicative of future results. root9B Technologies 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/root9b-announces-strategic-cyber-defense-contract-with-financial-institution-300246805.html