Wedge Networks Partners with SecureServ to Deliver a Secure Access Service Edge (SASE) Solution to the Australian Market

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9th August 2022 – Calgary, Canada – Wedge Networks Inc., a market leader in Real-time Threat Prevention solutions, today announced its partnership with SecureServ, an Australian-based cyber security solutions and network performance distributor.

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secure serv logo


The partnership will afford SecureServ the opportunity to deliver powerful new threat prevention with innovative solutions for Enterprises, Small Businesses, Government Departments, Service Providers and Data Centres, while simultaneously expanding its partner community in the region.

Together, Wedge Networks and SecureServ are bringing the best real-time threat prevention in the industry to the Australian market through the Wedge Absolute Real-Time Protection (WedgeARP™) Series.

With the cloud-connected world seeing billions of new connected endpoint devices added, the network perimeter has now been extended to encompass anywhere these devices are located; further widening the security gap. Real-time Threat Prevention is one of the most critical cyber defense requirements for the digital economy with enterprise security capacity being over-run by rapidly expanding security workloads
as organisations shift to software-as-a-service (SaaS) and other cloud native applications.

WedgeARP™ provides network-based, real-time threat protection for all types of endpoints in a wide range of cloud networks (mobile data, 5G, SD-WAN, SASE, and smart-city/IIoT). With an embedded deep learning AI engine and patented real-time deep content inspection technology, WedgeARP™ can detect never-before-seen malware in milliseconds. Running on an orchestrated threat management platform, it is an effective and autonomous approach to enable large-scale real-time threat prevention. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints across the globe.

“The ability of Secure Access Service Edge (SASE) to rapidly roll out real-time threat prevention services, and to deliver them as and when needed, is a key challenge. Wedge’s leadership in this area allows us to form a valuable partnership with them to enhance our digital transformation offerings”, said Vic Whiteley, SecureServ Director of Operations.

“Wedge has a strong reputation for delivering results to IT operation leaders around the world, and we’re thrilled to be offering their solutions to the Australian market. This partnership further demonstrates our commitment to providing our partners and customers with the most innovative and reliable solutions.” he added.

“SecureServ has a proven track record of being exclusively focused in cyber security and networking performance, connecting world leading innovations with partners” said Dr. Hongwen Zhang, CEO & CTO at Wedge Networks. “We’re excited to work with SecureServ to serve customers in Australia with the real-time threat prevention ability enabled by WedgeARP™.”

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit: https://www.wedgenetworks.com/
For media enquiries, please contact: PR@wedgenetworks.com

About SecureServ
SecureServ has focused exclusively on cyber security and networking performance since 2005. Our value-added distribution approach connects world-leading technology vendors with our channel partners to support their growth strategies and proactively engage in joint market development. With our professional team, we consolidate our knowledge and skills to assist our partners with support and training, to enable them to meet the challenges of today’s challenging security environment.

Contact SecureServ
Vic Whiteley | Operations Director
P: +61 2 9844 5429 | E: vic@secureserv.com.au
For more information about SecureServ, visit https://www.secureserv.com.au/

Cautionary Statements and Forward-Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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BlackBerry, L-SPARK Announce Four Companies for their BlackBerry IVY Connected Car Accelerator Program

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Deeplite, Raven Connected, Sensor Cortek and Wedge Networks will have access to BlackBerry IVY to deliver high-impact transportation use cases leveraging in-vehicle data

13th July 2022 – WATERLOO and OTTAWA, ONTARIOBlackBerry Limited (NYSE: BB; TSX: BB) and L-SPARK, Canada’s largest software-as-a-service accelerator, today announced the four winning companies that will make up the third cohort of their joint accelerator program, which aims to grow Canadian technology companies that are focused on connected vehicle technologies.

New this year, the accelerator has provided select companies with access to BlackBerry’s Intelligent Vehicle Data Platform – BlackBerry IVY™, enabling them to deliver next-generation connected vehicle use cases leveraging in-vehicle data with a view to improving driver and passenger experiences. BlackBerry IVY is a scalable, cloud-connected software platform that allows automakers to provide a consistent and secure way to read vehicle sensor data, normalize it, and create actionable insights from that data both locally in the vehicle and in the cloud.

The companies that make up the third cohort of the program include:

Deeplite, Montreal – Deeplite provides an AI inference optimization platform for the millions of developers struggling to deploy edge-AI to products in vehicles, smart cities, 5G IoT, and the things we use every day by making smaller, faster and more energy efficient AI.

Raven Connected, Ottawa – Raven Connected provides a comprehensive video telematics platform that incorporates an array of sensors, communication modules and direct connection to the vehicle’s onboard computer to capture images, video and other data elements. These components are incorporated into ML and AI models to generate real-time insights into vehicle performance, driving behaviors, road conditions and pedestrian safety.

Sensor Cortek, Ottawa – Sensor Cortek uses deep neural networks to develop advanced embedded AI-based perception systems enabling reliable understanding of real-world environments. The company creates intelligent software solutions with a focus on advanced driver-assistance and autonomous vehicles.

Wedge Networks, Calgary – Wedge Networks is a cybersecurity software vendor specializing in intelligent real-time threat prevention. With numerous patents, awards, and peer-reviewed machine learning publications, Wedge’s intelligent, constantly evolving and learning threat prevention platform protects millions of connected devices – including connected and autonomous vehicles and intelligent transportation systems.

“The four companies selected for this very special BlackBerry IVY focused accelerator program with L-SPARK represent the crème de la crème of the Canadian smart mobility ecosystem. Each brings with them a ton of talent, innovative technology and a drive to deliver high-impact, data-driven services and solutions that will one day transform the in-car experience,” said Peter Virk, Vice President of IVY Product and Ecosystem, BlackBerry. “We look forward to working with them in the weeks and months ahead and are confident that their offerings will resonate with OEMs as we look to continue to build out the breadth and depth of our BlackBerry IVY ecosystem.”

“The BlackBerry L-SPARK Accelerator has not only propelled connected vehicle technology forward, but has also paved the way for collaboration and partnership between the participating companies and BlackBerry”, said Leo Lax, Executive Managing Director at L-SPARK. “We are thrilled to be at the forefront of innovation in the connected vehicle technology space alongside the incredible team at BlackBerry for the third consecutive year.”

The IVY Connected Car Accelerator Program is supported in part by advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit www.wedgenetworks.com
Please forward any media or PR inquiries to: PR@wedgenetworks.com

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 215M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry’s vision is clear – to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

About L-SPARK
L-SPARK is Canada’s leading accelerator for the Connected Cars (AV) industry as well as Software as a Service (SaaS) companies. The accelerator offers programs focused on future innovative B2B and B2B/B2C companies, as well as targeted programs which partner with leading corporations in Connected Medtech, IoT and CyberSecurity.

Since the launch of their first cohort in January 2015, L-SPARK has accelerated 95 companies across Canada who collectively have raised over $115M in follow-on funding. With over 10,000 investors, corporate partners and startups now in their network, L-SPARK has curated a dynamic Canadian tech community for participating companies to join.

Cautionary Statements and Forward-Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

Posted in Industry News, Latest Security News, Wedge Channel Partner Forum, Wedge News | Tagged , , , , , , , , | Leave a comment

Someone Is Recording Your Online Banking Password​

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The Issue:
In an article published on ZDNet, author Liam Tung described a malicious campaign that uses file-naming trickery to get victims to download the key logger Snake malware. Once infected, keystrokes such as entering online banking information are recorded and leaked to cyber criminals.

The Cause:
The Snake keylogger initially appeared in 2020 and has been resurfacing with new variants ever since. It is commonly bundled in a compromised Excel file, PDF, or Word document. A macro code within the compromised document downloads the malware payload from an external server, at which point the malware executes and begins recording user keystrokes and sensitive data. Snake keyloggers are used to particularly target businesses and its effects are widespread.

In this malicious campaign, cyber criminals sent emails with an attached PDF document named “REMMITANCE INVOICE.pdf” with an embedded Word document named “has been verified. However PDF, Jpeg, xlsx, .docs”. When clicked, this odd Word file name is combined with the typical Adobe reader message and reads “The file ‘has been verified. However PDF, Jpeg, xlsx, .docs’ may contain programs, macros, or viruses that could potentially harm your computer.” This tricks the user to assume that the file in question has been verified and is safe to open. Once opened, the Word document triggers a download of an object with a hidden link. This object exploits a known vulnerability in Windows to steal the user’s key strokes.

The Challenges:
• There are more than 180K vulnerabilities in the digital world. Each of them can be exploited by hackers in various ways, in this case a sneakily crafted file name used to gain the trust of the user.
• The actual malware is delivered not by an intrusion attack but by an internal user’s web request when the Word document is opened, thus bypassing firewalls and IPS perimeter defenses.
• Many such attacks are successful by mutating known malware to evade signature based defense systems.

User credentials and private data can easily be assembled from logged keystrokes. This is compromising for businesses as everything from online banking access to social security numbers are entered into their computers. Cyber criminals can gather confidential information from business emails and messaging applications used to communicate between employees to further exploit companies with cyber ransoming.

The Solution:
Wedge Network’s malware lab tested a new Snake keylogger malware attack on a network protected by WedgeARP™. Zero Day attacks are difficult to detect and prevent because they employ never before seen malware. These new or mutated malware do not have a matching signature in the signature database and can easily slip into corporate networks to cause irreparable damage. To combat this, WedgeARP™ utilises Deep Learning Artificial Intelligence Anti Virus (AIAV) engine to identify and prevent Zero Day attacks. In the figure below, the new Snake keylogger is prevented from being downloaded by the user from a compromised file:

Figure 1 – Never before seen Snake keylogger attack blocked using Deep Learning Artificial Intelligence Anti Virus

In Figure 1, the infected file on the device at 192.168.100.69 tries to download a Snake keylogger malware from an external server. Even though there are no identical signature of this new Snake keylogger malware, the malware was quickly detected, evaluated and dropped using AIAV engine. The engine determined that the never before seen Snake keylogger malware scored a malware value of -0.771606 and considered it malicious. The same result is replicated when using the advance Signature engines on the WedgeARP™, preventing the Snake keylogger malware from being downloaded by the device at 192.168.100.69 as seen below:

Figure 2 – Never before seen Snake keylogger attack blocked using Signature engine

In both examples, WedgeARP™ prevents crippling Zero Day attacks from a new Snake keylogger malware using advanced AIAV and Signature engines. WedgeARP™ is a network based solution, meaning all devices from servers and work/personal computers to mobile and IOT electronics are protected from these clever and often devastating exploits.

With Wedge Real-Time Threat Prevention’s innovative Deep Content Inspection and highly trained Deep Learning AI engines, WedgeARP™ can identify and prevent these sneakily crafted malware from entering and compromising your business from within your corporate networks. If you are interested in our Real-Time Prevention Technology, feel free to contact our team at: info@wedgenetworks.com

Posted in Unclassified, Wedge BeSecure Community Support Forum, Wedge Channel Partner Forum, Wedge News | Tagged , , , , , , | Leave a comment

Wedge Networks Inc. invited to MobilityXlab program to co-create mobility solutions

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Wedge Networks selected by MobilityXlab to co-create secure mobility solutions working with seven world-leading industry partners: CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact.

17th June 2022 – CALGARY, Canada and GOTHENBURG, Sweden: Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention solutions, is invited to join MobilityXlab, a collaboration hub founded in 2017 by global companies to create and innovate future mobility solutions. Wedge will participate to co-create solutions for safe and secure mobility in partnership with seven world-leading industry partners: CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact.

With Cyber Physical Systems such as CAVs (connected autonomous vehicles), the need to ensure real-time security and safety of our digital life becomes paramount. Wedge addresses this need by developing an innovative intelligent real-time threat prevention software platform, Wedge Absolute Real-time Protection™ (WedgeARP™). This partnership opportunity from MobilityXlab will allow Wedge to accelerate such developments further to enhance the real-time threat prevention ability of WedgeARP™.

“Analysts estimate the number of CAVs by 2025 will exceed 800 million. As demonstrated in both real and simulated environments, CAVs have large attack surfaces. Can you imagine a car traveling at high speed with family members and is vulnerable to cyber attacks?” said Dr. Hongwen Zhang, Wedge’s CEO and CTO. “Wedge, with its focus on real-time threat prevention, has been actively developing innovative technology to address this concern. The partnership with these world-class leaders in the mobility industry will allow us to leap forward our technology innovation in real-time threat prevention, for CAVs and all Cyber Physical Systems”

“MobilityXlab is always looking for the best-emerging companies in mobility and connectivity. Our founding partners represent the most successful and visionary mobility companies in the world”, said Katrina Brud, director of MobilityXlab, “we are thrilled to support Wedge in this journey to co-create innovative solutions.”

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 20 countries and regions.

For more information on Wedge Networks, visit http://www.wedgenetworks.com/
Please forward any media or PR inquiries to: PR@wedgenetworks.com

About MobilityXlab
MobilityXlab is a collaboration hub founded in 2017 by global companies to create and develop new innovations within future mobility – with each other and with startups. Our seven partners are CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact. Lindholmen Science Parks is the host organization. MobilityXlab is also supported by Region Västra Götaland and Vinnova, Sweden’s Innovation Agency. Over the first five years, MobilityXlab has seen startups applying from 50 countries. The collaboration platform has resulted in 75 proof of concepts and 12 accelerations, in the form of commercial contracts or partnerships.

For more information, visit www.mobilityxlab.com

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Wedge Networks Inc. introduces a new generation of its Intelligent Web Shield™ (IWS) Solution to support SASE use cases

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Wedge’s new generation of IWS adds OpenText’s BrightCloud Threat Intelligence to Wedge’s Absolute Real-Time Protection platform and its patented deep learning technology to serve the real-time security needs of SASE use cases, from the network edge to the cloud core.

6th June 2022 – RSA – San Francisco, USA:  Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention solutions, is introducing a new generation of its Intelligent Web Shield™ (IWS) solution available to all customers and partners using WedgeARP™ v2.6 and above to support up and coming SASE use cases.   

The ever-expanding SASE market is witnessing novel use cases such as 5G Edge/MEC services, smart infrastructure, smart manufacturing and CAV/ITS all of which require zero trust for both access and network traffic at the edge. The first is typically provided using whitelisting technologies, while for the second, conventional “detection & remediation” strategy has proven to be inadequate for such use cases. Wedge addresses both challenges by providing an innovative intelligent real-time threat prevention software platform, Wedge Absolute Real-time Protection™ (WedgeARP™). Based on leading edge deep learning threat intelligence technologies, WedgeARP™ offers a set of virtual network functions, enabling advanced, high efficacy security services. The new IWS is a result of a technology partnership between Wedge and OpenText’s BrightCloud®, delivering the most comprehensive threat intelligence in the industry due to the broad web data coverage and advanced machine learning ability.

“WedgeIWS™ is a critical solution in the WedgeARP™ product family for Managed Service Provider partners and their customers to achieve real-time cyber protection. Compared with previous versions, this new release adds a layer of intelligent real-time web threat prevention to effectively handle several emerging use cases in the SASE market.” said Dr. Hongwen Zhang, Wedge’s CEO and CTO. “The architecture choices made by most edge computing and networking systems mean they cannot be adequately protected by conventional security solutions that require large threat database and expensive behavior analysis. WedegARP™ addresses these challenges by using machine learning to ensure comprehensive threat intelligence can work seamlessly in real-time on small edge computing/networking systems. By incorporating BrightCloud® Threat Intelligence, WedgeIWS™ now addresses the SASE use cases providing both real-time threat prevention and compliance, with the added benefit of coaching and orchestrating Wedge’s other AI based security functions.”

“Cybercriminals have become increasingly difficult to detect. To establish a cyber resilient posture, up-to-date and accurate threat intelligence is essential,” said Quinn Curtis, Senior Vice President of Product Management at OpenText. “In joining forces with Wedge, we are solving a very real need in the market. BrightCloud® Threat Intelligence protects Wedge customers from malicious URLs, IPs, files and mobile apps through unique contextual insights across threat vectors powered by hundreds of millions of sensors and sixth-generation machine learning algorithms.”

Wedge Networks and BrightCloud will demonstrate the joint solution at RSA Conference 2022 from June 6th to June 9th 2022 in the OpenText/BrightCloud booth # 1535 – South Hall

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit http://www.wedgenetworks.com/
Please forward any media or PR inquiries to: PR@wedgenetworks.com

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.

For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

About BrightCloud
BrightCloud was the first threat intelligence platform to harness the cloud and artificial intelligence to stop zero-day threats in real time. The platform is used to secure businesses and their products worldwide with threat intelligence and protection for endpoints and networks. In 2019, BrightCloud was acquired by OpenText, a global leader in Enterprise Information Management.

For more information about BrightCloud visit brightcloud.com.

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom. 

Posted in Industry News, Product and Services Updates, Wedge Channel Partner Forum, Wedge News | Tagged , , , , , , , , | Leave a comment

Wedge Networks Inc. Announces Issuance of New Patent – U.S. Patent 11,349,852

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“Apparatus and Methods for Network-Based Line-Rate Detection of Unknown Malware”
U.S. Patent 11,349,852

This invention builds on Wedge’s previous network-based content inspection (NBCI) patent – USPTO#7,630,379. Specifically, the invention ascertains Wedge’s inventiveness and provides apparatus and methods for NBCI’s line-rate detection of Never-Before-Seen Malicious software, documents and/or websites – collectively known as malware.

31 May, 2022 – CALGARY, Alberta: Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention, is pleased to announce that the United States Patent and Trademark Office (USPTO) has awarded its technology with U.S. Patent 11,349,852, ascertaining Wedge Network’s unique value proposition and innovation.

The digital world is now witnessing the resurgence of Never-Before-Seen Malware, be it custom or zero-day – malware that targets a vulnerability that is not publicly known, and for which a signature has not yet been developed. Because no signature exists for such custom or zero-day malware, it cannot be reliably detected by traditional signature-based detection techniques. On the other hand, behavioural-based analysis can reveal the malicious nature of custom or zero-day malware with thorough sandboxing – an approach where the network inspection is executed in an isolated virtual environment. However, the limitation is that such sandboxing analysis is typically not possible at network-line rates. Hence the critical challenge in preventing “never-before-seen malware” at network-line rates.

This patent provides a solution that effectively addresses this critical challenge. Implemented in WedgeARP™ (Wedge Absolute Real-time Protection™) version 2.0 and above, it is available to all Wedge’s partners and customers.

“Conventional network security solutions cannot prevent the transmission of never-before-seen malware. Many of our industry peers resolve this by using non-real-time behaviour analysis approaches. However,  these  are  not  real-time,  leaving  ample  time  for  malware  to  cause  damages.”  said  Dr.  Hongwen Zhang, CEO and CTO of Wedge Networks.  “With the rapid growth of network bandwidth, driven by Cloud/Edge/Fog computing, smart infrastructures, and large adoption of high-speed network technologies such as 5G and last mile fibre connectivity, the importance of NBCI performance is be-coming increasingly paramount in the security and safety of our digital economy. As a pioneer in NBCI, Wedge has been focusing on solving this tough problem. The patent provides an effective framework for Wedge to work with our world class technology and threat intelligence partners to continuously push the leading edge of real-time threat prevention”

“Typically, with traditional security techniques, such custom and zero-day malware would be allowed into the network, while the sandboxing analysis – which could take minutes to hours – is being performed, allowing valuable network resources to be exposed to hackers and cyber criminals during such time. This is a triple whammy – first, once the sandboxing proves that malware was allowed, SoC and network operators will then have to embark on an expensive remediation and threat hunting exercise, trying to find the full impact of such malware. Second, even with such effort, the true impact of such attack might never be known, but then and third, sometimes the impacts of cyber-attack cannot be remedied: Think 5G Self driving vehicles, oil pipelines, or medical equipment.” added Dr. Husam Kinawi, Wedge’s Chief Scientist. “We have had this invention incorporated in our technology for the last couple of years. This patent however, ascertains our claim that we provide the only known line-rate Network-Based Line-Rate Detection of Unknown Malware.”

About Wedge Networks
Wedge Networks Inc. is a Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit https://www.wedgenetworks.com
Please forward any media or PR inquiries to: PR@wedgenetworks.co

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Update – Adaptiv Networks and Wedge Networks Execute Definitive Agreement for Combined Secure Access Service Edge (SASE) Solution

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07 March, 2021 – CALGARY, Alberta: As of March 7, 2022, Wedge Networks is pleased to inform the execution of a definitive agreement with Adaptiv Networks. Wedge previously announced entering into an MOU with Adaptiv on December 1, 2021.

Wedge will be providing its advanced Wedge Absolute Real-time Protection™ (WedgeARP™) solution and its real-time threat prevention abilities, for the detection and blocking of ‘Never-Before-Seen-Malware’ and traditional signature-based malware, into a combined Secure Access Service Edge (SASE) solution to be sold by Adaptiv under the Adaptiv brand. WedgeARP™ will be integrated into Adaptiv’s cloud-managed SD-WAN solution offerings. 

The official joint announcement is expected to occur in conjunction with Adaptiv’s participation at the 2022 Channel Partners Expo held in Las Vegas, April 11-14.

Please see the original MOU Announcement below from December 2021. 

Adaptiv Networks, Inc. (Adaptiv) Enters MOU with Wedge Networks to Offer Real-time Threat Prevention Through Combined Secure Access Service Edge (SASE) Solution

Partnership will incorporate Wedge Absolute Real-time Protection into SASE Solution, to be sold under the Adaptiv brand

1 December 2021 – CALGARY, Alberta and GATINEAU, Quebec, CANADA:  Adaptiv Networks, Inc. (Adaptiv), an innovative software technology vendor with a market-leading SD-WAN patent portfolio, headquartered in Gatineau, Quebec, announced today that it has entered into a Memorandum of Understanding (MOU) with Wedge Networks Inc. to integrate the Wedge Absolute Real-time Protection™ (WedgeARP™) solution and its real-time threat prevention abilities into a combined Secure Access Service Edge (SASE) solution.  Adaptiv’s SASE Solution will be sold globally to its customer base under the Adaptiv brand and will enable the company to offer real-time threat prevention via its SD-WAN infrastructure.

WedgeARP™ provides network-based, real-time threat protection for all types of endpoints in a wide range of networks (mobile data, 5G, SD-WAN, SASE, enterprise and carrier networks, SDN, and smart-city/IIoT). With an embedded deep learning AI engine and patented real-time deep content inspection technology, WedgeARP™ can detect never-before-seen malware in milliseconds. Running on an orchestrated threat management platform, it is an effective and autonomous approach to enable large-scale real-time threat prevention.

By integrating the WedgeARP™ platform as part of Adaptiv’s cloud-managed SD-WAN solution offerings, real-time threat prevention can be enabled immediately, providing the company and its network operations team meaningful insight into the networks that they are managing while also making the managing of these networks much more efficient and cost-effective.

“At Adaptiv we believe in incorporating industry-best technologies into our SD-WAN solutions that can make a real difference for the customers and the networks that we manage. We have thoroughly examined and are extremely impressed by Wedge’s Absolute Real-time Protection platform and with the real-time cyber security services that it enables for SASE architecture.” said Bernard Breton, CEO of Adaptiv Networks. “WedgeARP™ provides the meaningful analytics and insights that our team is looking for in our managed SD-WAN solutions and will not only allow us to prevent malware attacks before they occur, but it also enables much more efficient management of our customers’ networks.”

Adaptiv combines all the components of a cloud-managed SD-WAN solution together into simple Network-as-a-Service licenses, powered by its cloud network and supported by its operations team. Its focus is on providing its customers with simple, agile, and cost-effective solutions.

“The SASE market continues to grow by leaps and bounds as companies look for solutions that can provide end-to-end protection as and when needed. Adaptiv is a leading company in the SASE space that has enabled businesses of all sizes to realize the benefits of their digital transformations,” stated Dr. Hongwen Zhang, CEO & CTO at Wedge Networks. “With more and more organizations relying on agile and efficient cloud connectivity it is our goal with this partnership to protect the organizations and users with our ability to provide real-time threat protection for all endpoints. Wedge is excited to be working with Adaptiv and to be providing our WedgeARP™ as the underlying security platform for their managed SASE platform.”

Adaptiv will distribute, market, and promote the combined SASE solutions globally under its own brand. The public release for the new SASE solution is expected to occur in February 2022, with a full marketing launch to follow.

About Adaptiv Networks, Inc. (Adaptiv)
Founded in 2002, Adaptiv Networks provides cloud-managed SD-WAN solutions powered by the largest patent portfolio in the SD-WAN industry.  The company removes barriers to business digital transformation with amazingly simple and effective cloud connectivity.  Adaptiv’s solutions are ideally suited for small to mid-sized businesses who are going through digital transformations and rely on business-critical cloud applications.  The company packages advanced technology into frictionless managed connectivity solutions it calls SD-WAN-as-a-Service.  Its products are easy-to-buy and easy-to-operate; backed with 24/7 support through its world-class network operation team and available exclusively through the company’s network of certified resellers.
For more information on Adaptiv, visit https://www.adaptiv-networks.com

About Wedge Networks
Wedge Networks Inc. is a cyber security software vendor specializing in Real-time Threat Prevention. Its innovative technology platform, Wedge Absolute Real-time Protection (WedgeARP™), is a software defined orchestrated network security system. Deployed, via the cloud, on premises, or in a virtualized environment, in data centers by enterprises, governments, and managed security service providers, WedgeARP™ inspects, detects, and blocks in real-time, malware and cyber threats (known, unknown and customized). Wedge does this through its patented Deep Content Inspection (DCI) technologies, combined with artificial intelligence and best-of-breed security functions.

Awarded a Gartner Cool Vendor designation, and twice bestowed with Build-In-Canada Innovation awards, Wedge Networks is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, and the Middle East and North Africa regions.

For more information on Wedge Networks, visit https://www.wedgenetworks.com
Please forward any media or PR inquiries to: PR@wedgenetworks.com

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Wedge Networks Inc. Introduces Real-time Threat Prevention Solution For 5G Networks

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Partnering with BlackBerry, Wedge Networks’ upcoming WedgeARP is embedded with a new set of 5G-optimized Machine Learning models for preventing never-before-seen malware in high-speed networks

27th February 2022 – MWC Barcelona 2022 – Barcelona, Spain: Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention solutions, is pleased to introduce the upcoming WedgeARP™ V2.7 release powered by a set of new Machine Learning models optimized for preventing never-before-seen malware in 5G Networks. 

The premise of 5G networks is high throughput and low latency services, enabling Connected & Autonomous Vehicles, Intelligent Transportation Systems, and smart infrastructure. Conventional “detection & remediation” strategy or “wait & see” sandbox-based approaches are inadequate for such use cases. At the same time, advanced features in 5G such as network slicing and SDN introduce challenges to conventional network security technologies. Wedge addresses such challenges by providing an innovative intelligent real-time threat prevention software platform, Wedge Absolute Real-time Protection (WedgeARP™). WedgeARP™ offers a set of virtual network functions, enabling advanced security services from the 5G network edge to the cloud core. To combat the rampant increase of never-before-seen malware in today’s cyber space while satisfying the real-time requirement for cyber defense in 5G networks, Wedge partnered with BlackBerry, a leader in applying machine learning techniques to optimize real-time prevention of advanced malware carried through 5G high speed networks.

Wedge is pleased to announce that the upcoming WedgeARP™ v2.7 is embedded with a set of 5G optimized new machine learning models made possible through its partnership with BlackBerry and its Cylance® artificial intelligence (AI) and machine learning (ML) models providing enhanced visibility and protection against current and future cyber threats. Lab tests and initial customer feedback demonstrate this new release is nearly 100% faster than Wedge’s previous versions, making it capable of preventing never-before-seen malware in milli-seconds. The solution can be inserted in various locations of the 5G data networks, with significant performance and efficacy improvements over previous versions.

“By using BlackBerry-based machine learning techniques at the network layer, Wedge have made real-time threat prevention of unknown malware a reality, addressing a critical need to protect the digital infrastructure in today’s high speed 5G data networks”, said Alex Willis, VP, Global Sales Engineering at BlackBerry. “As a long-term partner, we are pleased to see the upcoming WedgeARP™ has significantly improved its performance and efficacy with our well trained machine learning model integrated and we look forward to bringing this combined solution to our respective partners and customers, paving the way for a new generation of real-time remediation security products that are able to handle the challenges of 5G.”   

“As can be observed in this week’s Mobile World Congress, we live in a hyperconnected world where milliseconds matter.  Real-time threat prevention is a critical requirement to secure this digital transformation. Wedge addresses this requirement by providing WedgeARP™, a high performance software defined network security stack, that can be delivered from the 5G network edge to the cloud core.” said Dr. Husam Kinawi, Chief Scientist of Wedge Networks.  Dr. Kinawi added, “During the pandemic, hundreds of thousands of advanced new malware were produced each day by various hacker groups, inflicting enormous damage. Our digital life is not safe without effective real-time threat prevention measures. The team at Wedge is very proud of our partnership with BlackBerry. With this partnership, the resulting WedgeARP™ v2.7 is capable of preventing the attacks of advanced malware against connected endpoints in real-time. It is a much-needed solution demanded by our partners and customers.” 

“Wedge continues to push the boundaries of its ability to offer real-time threat prevention. In working with numerous technology partners, the WedgeARP™ platform enables the offering of some of the best-of-breed and cutting edge solutions available on the market,” added Dr. Hongwen Zhang, Wedge’s CEO and CTO.


About Wedge Networks
Wedge Networks Inc. is a Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit http://www.wedgenetworks.com/
Please forward any media or PR inquiries to: PR@wedgenetworks.com

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Wedge Networks to Participate at Mobile World Congress 2022

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Where/When:
Mobile World Congress 2022 (Barcelona)
February 28 – March 3, 2022
Canadian Pavilion Booth, Hall 7 Stand 7D3

Who We Are:
Wedge Networks is a cyber security software vendor specializing in Real-time Threat Prevention; securing millions of endpoints globally.

With numerous patents and industry awards, Wedge is headquartered in Calgary, Canada, with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions.

Leading the cyber security practices of several important industrial and governmental RDI initiatives such as the 5G-Safe-Plus (Celtic-Next Project) for Connected Autonomous Vehicles/Intelligent Transportation Systems; Wedge provides the architectures of the Absolute Real-Time Threat Protection for Smart Infrastructures and Smart Buildings (Penta-Euripides Project).

What Problems Do We Solve?
As exemplified by GSMA, the digital transformation has accelerated through the pandemic. There will be many upbeat talks in MWC2022 on the exciting potentials instigated by the advanced connectivities such as 5G, smart city/smart infrastructure, connected autonomous vehicles, etc. All these potentials require real-time threat prevention to ensure security and safety. Wedge’s mission is to “Secure the Cloud Connected World”.

Wedge’s core product, the Wedge Absolute Real-Time Protection™ (WedgeARP™) platform, is a leading cloud network security platform for the rapidly emerging SASE market. With patented innovations such as deep network traffic inspection and AI machine learning inference for advanced persistent threat prevention, it is the only solution in the market that can prevent never-before-seen malware in real-time. Software-defined with high performance, WedgeARP™ can be deployed from the cloud core to the network edge to implement zero-trust SASE architectures. It is a must-have enabler for managed security services to help MSP/ISPs increase ARPU and reduce CHURN.

We Look Forward To Meeting You!
Wedge is looking to meet with MSP, ISP, OEM, VAR and SI partners to provide Intelligent Real-time Threat Prevention to end-customers worldwide.
During the show and from our booth in the Canadian Pavilion, our team will provide:

  • Live demonstrations of our latest WedgeARP™ software release, which include a new set of machine learning models to achieve real-time threat prevention against zero-day, never-before-seen malware attacks
  • Progress update on behalf of Eureka/Celtic-Next 5G Safe Plus initiative
  • Exchange of ideas on the shortlisted Penta-Euripides Project: Absolute Real-time Threat Protection™ for Smart Infrastructures and Smart Buildings (ARP-SIB)

Wedge Networks Inc.
1-800-276-5356 / info@wedgenetworks.com
www.wedgenetworks.com

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Wedge Networks Partner, Mavinci, Signs Deal with Teletek to Provide Turkish Cloud Solution for Cyber Security

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New business partnership will incorporate Wedge Absolute Real-time Protection into Teletek’s Managed Service Provider (MSP) network to protect data centers and smart infrastructures

11 January 2022 – CALGARY, Canada and ANKARA, Turkey: Wedge Networks (“Wedge”) is pleased to announce that its distribution partner in Turkey, Mavinci Bilişim Sanayi ve Tic. A.S. (“Mavinci”), a leading software development and R&D company, headquartered in Ankara, Turkey, has signed a partnership agreement with one of the country’s fastest growing managed service providers, Teletek Bulut Bilişim ve İletişim Hiz. A.Ş (“Teletek”). Based on the Wedge Absolute Real-time Protection™ (“WedgeARP™”) platform, Mavinci, with its new partner Teletek, will be introducing real-time threat prevention as part of a Turkish Cloud Solution for Cyber Security.

WedgeARP™ provides cloud network based, real-time threat protection for all types of endpoints in a wide range of networks (mobile data, 5G, SD-WAN, SASE, enterprise, and carrier networks, SDN, and smart-city/IIoT). With an embedded deep learning AI engine and patented real-time deep content inspection technology, WedgeARP™ can detect never-before-seen malware in milliseconds. Running on an orchestrated threat management platform, it is an effective and autonomous approach to enable large-scale real-time threat prevention.

Teletek is one of the fastest growing managed service providers in Turkey, providing cloud servers, data storage, vCloud data centers, disaster recovery and data security, network services, telecom services, and managed services to its customers.

By integrating the WedgeARP™ platform into Teletek’s managed services infrastructure, real-time threat prevention can be enabled immediately, providing easily configured and deployed cyber security solutions from the company’s cloud platform. With a deep focus on data centers as well as smart manufacturing, smart infrastructure, smart city, etc., the new partnership aims to be the key cyber security provider for the Turkish market.

“We are very excited to be deploying the WedgeARP™ platform into our managed services infrastructure.” said Taner Tekeci – Vice President of Teletek. “We are already servicing a large number of companies, providing managed data center, storage and backup, and other disaster recovery services. It was a natural progression for us to also offer security services to help protect the customers that we manage. WedgeARP™ is an easy add-on to our cloud-based infrastructure and it enables us to quickly and efficiently start offering Security-as-a-Service as another product in our menu of services.”

“Signing with Teletek as a new business partner in the Turkish market will provide unmatched real-time threat prevention for millions of customers in our growing market.” said Muhammed Salih Cetin, GM of Mavinci. “With WedgeARP™ providing the orchestrated threat management platform for Teletek’s infrastructure and Mavinci adding local marketing and technical support, we are expecting huge growth that will drive all of our respective organizations into the future.”

“The market in Turkey is undergoing an exciting digital transformation. We are very proud to be an enabler of this important partnership between Mavinci and Teletek, the two recognized leaders serving customers in this market,” stated Dr. Hongwen Zhang, CEO & CTO of Wedge Networks. “With more and more organizations and infrastructures relying on agile and efficient cloud connectivity, effective real-time threat prevention becomes extremely critical. I’m very excited that our WedgeARP™, supported by Mavcinci, will provide the underlying security platform in Teletek’s managed services offering.”

Teletek and Mavinci will distribute, market, and promote WedgeARP™ services as part of the Turkish Cloud Solution for Cyber Security, with an expected initial launch date to occur early in 2022.

About Teletek Bulut Bilişim ve İletişim Hiz. A.Ş

Established in 2011, Teletek’s focus is to provide the high standard information infrastructure needed by corporate companies, offered through the cloud.

Cloud Computing has already taken its place in business processes as a method that changes the way of doing business all over the world and that reorganizes IT Services infrastructure investments. With this vision, Teletek’s mission is to enable the changing way companies are doing business by attaching importance to Information Technologies Infrastructure and by providing 100% domestic capital and 24/7 Engineering Support in Turkey.

The company offers its Teletek Cloud Platform, which was created to ensure continuity in Turkey’s corporate data centers with leading hardware and software. The platform provides end-to-end management of its customers’ network requirements through a reliable cloud platform operated out of three geographical data centers.

Teletek works to support its customers in growing their businesses, increasing their productivity, and keeping up to date with the newest generation of technologies.

For more information on Teletek, visit: https://www.teletek.net.tr/

About Mavinci Bilişim Sanayi ve Tic. A.S.

Mavinci Bilişim Sanayi ve Tic. A.S. develops high level technical capabilities in the fields of Artificial Intelligence, Cyber Security, Nuclear Safety, CBRN, Cloud technologies, and High-Tech Computational Engineering in the security, nuclear, corporate and defence sectors.

Mavinci has a well-defined containerization process for legacy applications which are working on Linux and/or Windows OSes. Depending on the customer’s requirements our services start from simply virtualizing the environments and moving to the cloud towards analyzing the source code and defining decompositions, components, interdependencies, refactoring, testing, dockerizing and deploying with a microservice architecture. We mainly focus on smart technologies with our own products and software platforms to bring effective, time and money saving solutions in our customers’ lives.

Mavinci owns TTSO Nuclear AS in Turkey in the field of Nuclear Safety and Mavinci Limited as a UK based technology company. The goal of the companies is to design & develop novel, innovative and effective solutions for its customers.

For more information on Mavinci, visit: https://www.mavinci.com.tr/en-US/WebSite

About Wedge Networks

Wedge Networks Inc. is a cyber security software vendor specializing in Real-time Threat Prevention. Its innovative technology platform, Wedge Absolute Real-time Protection (WedgeARP™), is a software defined orchestrated network security system. Deployed, via the cloud, on premises, or in a virtualized environment, in data centers by enterprises, governments, and managed security service providers, WedgeARP™ inspects, detects, and blocks in real-time, malware and cyber threats (known, unknown and customized). Wedge does this through its patented Deep Content Inspection (DCI) technologies, combined with artificial intelligence and best-of-breed security functions.

Awarded a Gartner Cool Vendor designation, and twice bestowed with Build-In-Canada Innovation awards, Wedge Networks is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, and the Middle East and North Africa regions.

For more information on Wedge Networks, visit https://www.wedgenetworks.com
Please forward any media or PR inquiries to: PR@wedgenetworks.com

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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