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ILA and Red Lambda Form Strategic Partnership to Address New Generation of Cybersecurity Threats Within Middle East Market


WEBWIRE

ILA, a telecommunications and IT investment and consulting firm focused on emerging growth opportunities, and Red Lambda, Inc., a leading provider of massively scalable and identity-aware network security software, today announced a multi-faceted strategic partnership to address the new generation cybersecurity threats targeting networks within enterprise, government and service provider organizations across the Middle East.

Under the new partnership, ILA will distribute Red Lambda’s portfolio of identity-aware network security software, powered by the company’s AppIron™ High Performance Security platform, across the Middle East region. Additionally, ILA will utilize Red Lambda’s technology in telecommunications and IT services offerings it develops in the future.

“The new generation of cybersecurity threats are well-organized, distributed and persistent and pose a significant risk of data loss, disruption and reputation damage to enterprise, government and service provider organizations worldwide,” states Dr. Saad Al-Barrak, founder and Chairman of ILA. “Red Lambda’s break-through grid computing and security technology is the only solution we have found that can deliver the computation horsepower and identity-awareness needed to effectively discover and defend against these threats.”

Red Lambda’s AppIron™ High Performance Security platform and security applications protect vital IT resources and assets from a broad spectrum of cybersecurity threats targeting enterprise, government and service provider networks, including Advanced Persistent Threats. AppIron utilizes advanced grid and cloud computing technologies to enable distributed network security solutions with supercomputer performance that are ideally suited for today’s increasing mobile, virtualized and borderless IT environments.

“ILA’s founders have reputation for delivering innovative telecommunications and IT solutions to enterprise, government and service provider organizations throughout the Middle East. We could not imagine a better partnership for distributing Red Lambda’s network security solutions through-out the region.” said Bahram Yusefzadeh, Executive Chairman and Chief Executive Officer of Red Lambda. “The partnership with ILA provides further validation of our approach to breaking the real-time computational analysis barrier that is core to addressing the new generation of cyberthreats.”

For more information on Red Lambda products, please contact ILA: Khalid Al Farkh (+97336030001 or +97336466666 or by email Khalid.Alfarkh@ila.ws )

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About ILA

ILA is a newly established venture headquartered at the Kingdom of Bahrain. ILA pledges the financial power of regional renowned investors and investment bodies with the extensive knowledge and experience of many telecommunications and IT executives from around the world. ILA aims to use an investment fund that is managing to invest in and manage telecommunications and IT companies and capitalizing on the emerging promising opportunities arising from the convergence between the two industries.

About Red Lambda

Red Lambda, Inc., based in Orlando, Florida, is a leader in massively scalable and identity-aware network security software for enterprise, government and service provider organizations. Red Lambda makes it possible for organizations to securely compute, communicate and collaborate without borders or limitations. The company’s AppIron™ High Performance Security Platform protects vital people, resources and assets from a broad spectrum of threats regardless of their physical topology or geography. AppIron utilizes advanced grid and cloud computing technologies to enable distributed network security solutions with supercomputer levels of performance. Today, these solutions, called Virtual Grid Appliances, include: Integrity™ for control of P2P traffic and protection against illicit file sharing and the loss of proprietary data. Red Lambda’s products are sold through direct, indirect, and strategic partnerships worldwide. For more information, please visit www.redlambda.com.



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