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Excessive Wire Awarded Expanded Contract Renewal with Nationwide Luxurious Automotive Group for Overwatch Managed Cybersecurity, Growing Contract Worth 5x By Investing.com

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BATAVIA, Ailing., Sept. 12, 2024 (GLOBE NEWSWIRE) — Excessive Wire Networks, Inc.  (OTCQB: HWNI), a number one world supplier of managed cybersecurity, has been awarded an expanded annual contract renewal to ship enhanced managed cybersecurity at greater than a dozen luxurious automotive dealerships throughout the West Coast and Midwest U.S.

The renewal for the corporate’s Overwatch Managed Prolonged Detection and Response (MXDR) providers was secured by one in all Excessive Wire’s premier managed service supplier (MSP) companions.

The renewal will increase the anticipated annual income by fivefold over the earlier 12 months, with further units added to the scope of the managed detection and response providers.

This expanded renewal contract demonstrates how our MSP companions look to Overwatch as a trusted, U.S. based mostly safety accomplice, and notably for his or her high-value clients, acknowledged Overwatch division CEO, Ed Vasko. We earn this belief by working hand-in-hand to ship best-in-class safety providers which can be aligned with our MSP accomplice’s enterprise technique and permits them to considerably develop their enterprise.

Overwatch MXDR offers a direct alert benefit to uncover threats shortly. The service is layered with the experience of U.S.-based Overwatch safety analysts who handle the instruments and monitor the shopper’s surroundings 24/7. Excessive Wire’s proprietary Overwatch AI-powered playbook manages responses to threats swiftly and successfully with clever, lightning-fast automation.

On the subject of cybersecurity, pace issues, added Vasko. Our subtle strategies of real-time knowledge processing and evaluation, coupled with our high-touch service-delivery course of, permits Overwatch MXDR to determine and remediate issues as they come up, eliminating or minimizing their influence.

To study extra about Excessive Wire and its  award-winning managed cybersecurity providers, go to HighWireNetworks.com or view its academic video sequence on its YouTube channel.

About Excessive Wire Networks
Excessive Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning world supplier of managed cybersecurity. By 200 channel companions, it delivers trusted managed providers for greater than 1,100 managed safety clients worldwide. Finish-customers embrace Fortune 500 firms and most of the nation’s largest authorities companies. Its U.S. based mostly 24/7 Community Operations Middle and Safety Operations Middle is positioned in Chicago.

Excessive Wire was ranked by Frost & Sullivan as a Prime 12 Managed Safety Service Supplier within the Americas for 2023. It was additionally named to CRN’s MSP 500 and Elite 150 lists of the nation’s prime IT managed service suppliers for 2023 and 2024.

Be taught extra at HighWireNetworks.com. Comply with the corporate on X, view its intensive video sequence on YouTube or join on LinkedIn.

Ahead-Wanting Statements
The above information launch comprises forward-looking statements. The statements contained on this doc that aren’t statements of historic reality, together with however not restricted to, statements recognized by means of phrases reminiscent of “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and different variations or damaging expressions of those phrases, together with statements associated to anticipated market traits and the Firm’s efficiency, are all “forward-looking statements” throughout the which means of the Non-public Securities Litigation Reform Act of 1995 and contain plenty of dangers and uncertainties. These statements are based mostly on assumptions that administration believes are cheap based mostly on presently accessible info, and embrace statements concerning the intent, perception or present expectations of the Firm and its administration. Potential buyers are cautioned that any such forward-looking statements should not ensures of future performances and are topic to a variety of exterior components, uncertainties, enterprise dangers, and different dangers recognized in filings made by the corporate with the Securities and Trade Fee. Precise outcomes might differ materially from these indicated by such forward-looking statements. The Firm expressly disclaims any obligation or enterprise to replace or revise any forward-looking assertion contained herein to mirror any change within the firm’s expectations with regard thereto or any change in occasions, situations or circumstances upon which any assertion relies besides as required by relevant regulation and laws.

Firm Contact:
Susanna Track
Chief Advertising Officer
Excessive Wire Networks
Tel +1 (952) 974-4000
E-mail contact

Investor Relations:
Ronald Each or Grant Stude
CMA Investor Relations
Tel +1 (949) 432-7557
E-mail contact

Supply: Excessive Wire Networks Inc.

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