CSPi Stands Up Cybersecurity Division to Address Need for Rapid Breach Response and Critical Asset Protection
(Thomson Reuters ONE) -
Expands Massachusetts Presence to Include Research and Development Center
BOSTON, Aug. 01, 2017 (GLOBE NEWSWIRE) -- CSPi (NASDAQ:CSPI), a provider of
advanced security products and security services, as well as IT technology
managed services, today announces the formation of the company's Cybersecurity
Products Division, including a Research and Development (R&D) Center in Lowell,
MA. With a strong heritage in networking, CSPi is increasing the organization's
commitment to the security market by expanding beyond its already well
established success in network monitoring with solutions for rapid data breach
response, enterprise-wide breach prevention and critical asset protection. This
new division will be led by Gary Southwell, a 25 year veteran in the security
market and a thought leader in PII data privacy and regulatory compliance.
"CSPi's cybersecurity focus is a logical extension of fulfilling our strategic
mission to capitalize on the growing global security market. The addition of
security products, coupled with our already well established security services,
provides our customers with a robust portfolio," said Victor Dellovo, CEO &
General Manager, CSPi.
Based in heart of Lowell, MA, CSPi's Cybersecurity Products Division R&D center
is just one of many companies taking advantage of Lowell's emergence as a Boston
satellite technology hub. Located within the vibrancy of the University of
Massachusetts (UMass) Lowell campus, CSPi has a sizable pool of technologists to
draw upon and join the growing team. CSPi's R&D center will approach security
challenges leveraging the latest technology advances and new approaches to
solving the cybersecurity challenge that the industry has miserably failed at
using traditional approaches.
"CSPi is a unique public technology company, as we are innovative and nimble
like a start-up, but our public company status puts us ahead of the
encumberments our venture capital driven competitors. We're a prime example of
a public company strategically investing in a new and innovative approach to
solving the ever changing challenges in the cybersecurity market; particularly
the need for rapid data breach response and complete security for enterprise-
wide data - no matter where or how it's used," said Gary Southwell, General
Manager, Cybersecurity Products Division. "We are actively hiring software
engineering talent to our R&D center. You don't have to move to the west coast
to be on the cutting edge of cybersecurity, building the tools to win the most
important battle yet faced in the Internet age."
About CSPi
CSPi (NASDAQ:CSPI) maintains two distinct and dynamic divisions - Cybersecurity
Products and Technology Solutions - with a shared vision for technology
excellence. CSPi's Cybersecurity division offers advanced security solutions, as
well as extreme-performance ethernet adapters for diverse applications,
including cybersecurity, financial trading, content creation/distribution,
storage networking applications. CSPi's Technology Solutions division provides
innovative technology solutions for network solutions, wireless & mobility,
unified communications & collaboration, data center solutions, advanced
security, along with professional and managed services across those technology
focus areas. CSPi Technology Solutions works with the world's leading IT
software and infrastructure companies to create solutions for the unique IT
requirements of its customers. For more information, please visit www.cspi.com.
Myricom is a registered trademark of CSP Inc. All other brand names, product
names or trademarks belong to their respective owners.
Contact Information
For Press
Amy Carey
CSPi, Inc.
Tel: 978-663-7598
Email: amy.carey(at)cspi.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: CSP Inc. via GlobeNewswire
Datum: 01.08.2017 - 15:00 Uhr
Sprache: Deutsch
News-ID 554824
Anzahl Zeichen: 4610
contact information:
Town:
Lowell, MA
Kategorie:
Business News
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"CSPi Stands Up Cybersecurity Division to Address Need for Rapid Breach Response and Critical Asset Protection"
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