Allot Files Annual Report on Form 20-F for the Year Ended December 31, 2020

Rhea-AI Summary

Allot Ltd (NASDAQ: ALLT) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. SEC. This report includes audited financial statements, which can be accessed on the SEC's website or through Allot's investor relations page. Shareholders can request a hard copy of the report at no charge. Allot, a leader in network intelligence and security-as-a-service solutions, supports over 500 service providers and 1000 enterprises globally, with more than 20 million subscribers utilizing its services.

Positive

• Filing of annual report on Form 20-F indicates compliance with SEC regulations.
• Allot's solutions are deployed by over 500 service providers and 1000 enterprises, highlighting substantial market presence.
• The company's industry-leading security-as-a-service solution has over 50% penetration with certain service providers.

Negative

• None.

Hod Hasharon, Israel, March 15, 2021 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission ("SEC"). The annual report on Form 20-F, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as via the Company's investor relations website at http://investors.allot.com/sec.cfm . The Company will deliver a hard copy of its annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request to rkolevsohn@allot.com.

 

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Additional Resources:

Allot Blog: https://www.allot.com/blog

Allot On-air Podcast: https://www.allot.com/resources/podcasts

Follow us on Twitter: @allot_ltd

Follow us on LinkedIn: https://www.linkedin.com/company/allot-communications

 

About Allot

Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 20 million subscribers Globally.

Allot. See. Control. Secure.

Forward-Looking Statement

This release contains forward-looking statements, which express the current beliefs and expectations of company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: acceptance of our products by our reseller and customer in EMEA, our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors, government regulation; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on third-party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

FAQ

What is the significance of Allot's annual report on Form 20-F filed on March 15, 2021?

The annual report provides audited financial statements, ensuring transparency and compliance with SEC regulations.

Where can I access Allot's annual report for the fiscal year ended December 31, 2020?

The report can be accessed on the SEC's website or Allot's investor relations page.

How many service providers and enterprises use Allot's solutions?

Allot's solutions are utilized by over 500 service providers and more than 1000 enterprises globally.

What is the penetration rate of Allot's security-as-a-service solution?

Allot's security-as-a-service solution has achieved over 50% penetration with some service providers.