31th January, 2023 – Calgary, Canada – Wedge Networks Inc. (“Wedge”) , a market leader in Real-Time Threat Prevention solutions, today announced the signing of a Distributor Agreement with Seaspring W.L.L. (“Seaspring”), a Bahrain-based international investment consultancy firm and a Wedge shareholder. This collaboration aims at delivering innovative cyberthreat prevention solutions to enterprises, small businesses, government departments, service providers, and data centres, while simultaneously expanding the Company’s presence in the region.
Together, Wedge and Seaspring will bring the Wedge Absolute Real-Time Protection (“WedgeARP™”) Series, an exclusive real-time threat prevention solutions in the industry, to the active markets of Bahrain and the MENA region.
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 facilitating large-scale real-time threat prevention. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints across the globe.
“The signing of this Distributor Agreement is a new chapter in the long-standing partnership between Seaspring and Wedge Networks as we work together to realize a shared goal of enabling a safe and secure digital space for all users. With their advanced cybersecurity solutions supported by an experienced and dedicated team, I am positive that Wedge’s technologies will be beneficial to both individuals and entities looking for comprehensive and effective protection against cyberthreats,” commented Shaikh Isa bin Khalid Al-Khalifa, Founder and Managing Director of Seaspring.
“Seaspring has been a strong partner in supporting Wedge developing its leadership in real-time threat prevention innovations. With a strong world class management team, Seaspring is trusted by customers and partners alike,” said Dr. Hongwen Zhang, CEO & CTO at Wedge Networks. “This distributor partnership between our organizations will allow Wedge to benefit from Seaspring’s strong market presence, thus fulfilling our promise of bringing cybersecurity and safety through real-time threat prevention to digital spaces in both Bahrain and the MENA markets.”
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 many millions of endpoints in enterprises, governments, and critical infrastructures globally.
For more information on Wedge Networks, visit: https://www.wedgenetworks.com/
For media enquiries, please contact: PR@wedgenetworks.com
About Seaspring
Seaspring is a Bahrain-based international investment consultancy firm with a strategic focus on bringing distinct investment solutions from various sectors including, but not limited to healthcare, biotech, technology, and cybersecurity to the Gulf region. Through key ties in the USA and Canada, Seaspring’s exclusive list of partners provide on the ground, strategically aligned, and lucrative investment options with a broad industry focus that cater to clients’ specific investment criteria.
For more information about Seaspring, visit https://www.seaspringconsulting.com/
For enquiries, please contact: info@seaspringconsulting.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.
