• FirstWave released significant new upgrade to cybersecurity-as-a-service platform Cybercision
  • Linius Technologies expands its deal with Intrepid Productions, adding new sports federation
  • HSC Technology Group will supply next generation assistive technology solutions to Uniting NSW.ACT

FirstWave Cloud Technology (ASX:FCT)

The Aussie cybersecurity and network management software company has announced release of a significant new upgrade to its cybersecurity-as-a-service platform CyberCision.

Code-named Arcanine FCT said the update significantly extends capability of trademarked CyberCision and will expand the platform’s marketability at a time when numerous cybersecurity data breaches have made headlines.

FCT said the update includes a new standalone deployment system for government platform installations and incorporates cutting-edge tech acquired as part of FCT’s takeover of Opmantek in early 2022.

Amongst other features, the release builds on CyberCision’s Advanced Detection and Response (ADR) technology with a new layer of enterprise-level intelligence feeds sourced from Cisco Talos Intelligence Group, one of the largest commercial threat intelligence providers in the world.

CyberCision’s ADR provides businesses with continuous real-time monitoring of email security services and automated threat visibility, detection and alerts in response to attacks and incidents.

FCT said the new release also adds significant new security detectors and data classification features while enhancing the platform’s “trace and threat hunting” capability to give CyberCisionTM users deeper security knowledge and insight.

 

Linius Technologies (ASX:LNU)

Video tech player LNU has  expanded its existing deal for its sports solution Whizzard, with Intrepid Productions by Inverleigh Pty Ltd, a global leader in premium sports content creation, management, and distribution.

The expansion comes after Inverleigh selected LNU Whizzard in March to enhance the searchability of video archive for SANZAAR (South Africa, New Zealand Australia, and Argentina Rugby) held within its ENGINE media services platform.

The expanded deal adds video archive for another national professional and amateur rugby union competition held in ENGINE into LNU’s Whizzard solution. In turn, LNU said this will make the video archive more searchable and usable across multiple applications.

The archive includes ~10,000 hours of recent and historical video content with LNU’s Whizzard,  a key component of the overall solution provided by Inverleigh.

LNU CEO James Brennan said he’s pleased to see the speed at which its deployment is growing with Inverleigh.

Under the expanded deal LNU will receive additional set up fees, increased monthly licence fees and new opportunities for variable usage fees.

“Our agreement was designed to make it simple for both Linius and Inverleigh to commercialise and operationalise deployment for additional customer archives,” he said.

“Each new customer archive that is added has a multiplier effect to Linius’ recurring revenue generated through this contract.

“We are actively supporting Inverleigh as they offer Whizzard to more customers and are looking to bring exciting new fan engagement solutions in the future.”

He said momentum building behind Whizzard is evident from the recent wins and announcements over the past two quarters.

“We have announced five new customer deployments in as many months, with more expected in the coming months.”

 

HSC Technology Group (ASX:HSC)

The software company has nabbed a deal to supply next generation assistive technology solutions to Uniting NSW. ACT’s Retirement Living division in NSW and ACT.

HSC said the collaboration aims to replace the outdated existing communications technology in use at Uniting NSW.ACT’s villages with HSC’s technology suite featuring the Talius Smart Care Platform.

HSC provides s a suite of tech enabled care solutions to the aged and disability sectors including retirement living, residential aged care, home, and community settings to improve quality of life.

NCIS, one of HSC’s Platinum Integration partners, will be responsible for the installation, support, and maintenance for the tech.

One of Australia’s 24 hours emergency response providers Sapio, which is half-owned by Telstra, has been chosen to deliver monitoring and response services, which will also be part of the turnkey solution by NCIS.

Uniting NSW.ACT is one of the largest not-for-profit organisations in Australia, offering more than 550 services across NSW and the ACT in the areas of aged care, retirement and independent living, early learning, disability, chaplaincy and community service.

HSC said the advanced solution will establish for Uniting NSW.ACT a future-proof Ageing in Place platform, addressing critical technology recommendations from the Royal Commission into Aged Care Quality and Safety.

Managing director Graham Russell said being chosen as a Uniting NSW.ACT’s partner reaffirms its commitment to demonstrating how tech can assist care teams, families, and  aged care residents.

“We are excited to be working with NCIS Group, an HSC Platinum Partner, to provide the upgrade to Uniting NSW.ACT systems with the next generation of HSC’s assistive technology platform,” he said.

“We look forward to potential future growth with them throughout their other business verticals in aged care.”

Commercial terms of the arrangement between HSC, Uniting NSW.ACT and NCIS will be the supply, installation, monitoring and ongoing service fees for replacing existing Personal Emergency Response Systems in Uniting NSW.ACT NSW and ACT Retirement Living Villages, initially totalling 1,500 units.

Revenue forecast for the supply of the units and services to be provided by HSC will be more than $640k.

 

 

The FCT, LNU share price today:

 

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