Wedge Networks’ Partner, NTS Hanoi, Wins Deal to Protect Hydro Power Generator in Vietnam

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Wedge Advanced Malware Blocker™ (WedgeAMB™) chosen to protect critical infrastructure at Vietnamese Hydro Power organization

11 May 2021 – CALGARY, Canada and HANOI, Vietnam: Wedge Networks, Inc. (Wedge), the leading real-time threat prevention solutions company, is pleased to announce that its Vietnamese partner, Nam Truong Son Hanoi (NTS), has recently closed a deal supplying Wedge’s Advanced Malware Blocker (WedgeAMB™) to protect the critical infrastructure network at one of Vietnam’s largest hydro power plants.  Vietnam is one of the quickly emerging countries in the ASEAN with a large number of new infrastructure projects being undertaken as the government looks to modernize and expand its economy.  With the growing number of key critical infrastructures being built, there is a keen awareness for the need to protect mission critical systems against the exponential growth of malware and cyber-attacks.  Wedge was selected as a leading security technology provider to provide its solution for this project.  

This further reinforces the trust in Wedge’s ability to help provide real-time threat prevention into some of the high target networks within the country and reflects the focused interest of many Vietnamese organizations in adopting some of the cutting-edge technologies on the market.  Through NTS, and Wedge’s growing distribution and resale network in the country, the Wedge Absolute Real-time Protection™ (WedgeARP™) platform, and the successful Wedge Advanced Malware Blocker™ (WedgeAMB™), has been deployed into a number of high profile customers, including several Vietnamese Government Ministry departments, the National Power Transmission and Energy Generation organizations, and select finance and insurance companies across the country.

The WedgeARP™ platform provides network-based, real-time threat protection for all types of endpoints in a wide range of 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.

“As shown by this latest win, Wedge is set to continue its success in the Vietnamese market; particularly with organizations that are providing critical infrastructure services,” stated Mr. Rob Fong, COO and CFO at Wedge Networks. “With our WedgeAMB™ product protecting an integral part of Vietnam’s energy production infrastructure, it shows the true value that real-time threat prevention has, especially in high value targets such as this hydro power generator.  We want to congratulate NTS on this win and look forward to more success with them in the future.”

NTS has been one of Wedge’s resale partners since 2019 and offers the WedgeAMB™ product as well as other newly released security services into the Vietnamese market.

About NTS Hanoi
Nam Truong Son Hanoi is a leading company providing comprehensive information technology solutions in Vietnam. Entering the ICT market since 2006, with the inheritance of all resources and capabilities of the representative office in Hanoi of Nam Truong Son Group (NTS Group), we help enterprises build network infrastructure, security and confidentiality systems with the most advanced and innovative products, services and technology solutions.

For more information about NTS, please visit: http://www.ntshanoi.com.vn

About Wedge Networks
Wedge Networks is a cyber security software vendor specializing in Real-time Threat Prevention.

Our technology platform, WedgeARP™, has the deepest visibility of network data in the industry, possessing an unmatched ability to defend against malicious attacks that are undetectable with shallow inspection techniques. It delivers the highest real-time performance of orchestrated security services through a software implementation that is portable to all x86 servers. Trained with nearly 1 billion threat samples, its automated and continually-learning embedded artificial neural network can detect never-before-seen malware in milliseconds. WedgeARP™ represents the present and future of how much-needed security services can be delivered, from the cloud core to the ever-expanding network edge, to help reduce the security gap.  Supported by a world class software product team in Canada, it allows enterprises, governments, telecommunications providers and critical infrastructure operators to achieve real-time prevention of advanced threats; and enables Wedge’s distribution partners to increase their Average Revenue Per User (ARPU) and reduce customer CHURN.

With numerous patents, industry awards, and twice bestowed with Build-In-Canada Innovation awards, its products are distributed through MSSP, OEM, VAR and SI partners to end customers worldwide.  Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions.

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 partnership with DLS, 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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