18 November 2021 – Smart City Expo and World Congress 2021 – BARCELONA, Spain: Chungwha Telecom (CHT), the largest telecommunications company in Taiwan, has formally entered into a Memorandum of Understanding (MOU) with Wedge Networks, the leader in real-time threat prevention. Through this partnership, the two parties will join forces to co-develop a Zero-Trust Secure Edge Solution that will integrate Wedge’s Absolute Real-time Protection™ (WedgeARP™) platform with CHT’s EyeLAN software. The combined solution will be offered on Wedge distributor, Edgecore Network’s uCPE hardware. The resultant “Secure Edge” product will enable zero-trust authentication of devices, combined with real-time threat prevention, to any endpoint connecting to a network; offering enterprises the ability to run much more secure networking infrastructures within their organizations.
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, 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.
CHT, using its EyeLAN network access control technology, is enabling Zero Trust networks by requiring all endpoints connecting to its secure networks to be properly authenticated before they can gain access.
“This MOU is important for us to develop a more effective and secure Zero Trust network solution for our global enterprise customers,” remarked Dr. Yu Huang Chu, CEO of EyeLAN Group in Chunghwa Telecom Lab. “By combining our very effective EyeLan authentication solution with active real-time threat prevention from WedgeARP™, to be distributed on an easy to deploy uCPE device from Edgecore, we can offer unparalleled security that our customers have been eagerly searching for.”
“Chunghwa Telecom is a key technology partners for Wedge in this venture and it shares our clear vision of innovative security and real-time threat prevention for the cloud connected world,” commented Dr. Hongwen Zhang, Wedge Networks, CEO & CTO. “The ability to enhance Zero Trust networks with real-time threat prevention will benefit customers and partners by better protecting their infrastructures from the exponential proliferation of malware cyber-attacks.”
CHT and Wedge have been working closely together to develop this innovative new Secure Edge security product and will each promote and sell the resulting offering to their diverse customers bases.
About Chunghwa Telecom Company Ltd.
Chunghwa Telecom is the largest integrated telecommunication service provider in Taiwan, with leading offerings in domestic and international fixed communication, mobile communication, broadband, and internet services.
In addition to these traditional services, the Company also provides information and communication technology services to enterprise customers with big data, information security, cloud computing and IDC capabilities, and is expanding businesses into innovative technology services such as IoT, AI, etc. All of these capabilities and offerings aim to create an optimal communication environment to enable wonderful and convenient digital life-style, as well as to serve as a key partner for other international telecommunication service providers.
In recent years, the Company has been
actively involved in Corporate Social Responsibility initiatives and has
attained various domestic and international awards and recognition. The Company
aims to realize its ambitions and implement full scale CSR by upholding the
highest standards of governance principles with legalized governance framework.
For more information on Chunghwa Telecom, visit: https://www.cht.com.tw/en/home/cht
About Wedge Networks
Wedge Networks, Inc. is a Real-Time Threat Prevention solutions company. 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.
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.