High Wire Networks Secures Major Managed Cybersecurity Renewal and ARR Growth Through Overwatch Bundling Strategy
High Wire Networks (OTCQB: HWNI) has secured a significant customer renewal and expansion agreement through its Overwatch managed cybersecurity division. The contract, valued at nearly $720,000 over two years, represents both a renewal and additional Annual Recurring Revenue (ARR).
The customer, a technology services provider supporting public sector clients and critical infrastructure across North America, has expanded its commitment to the Overwatch suite of services. The success highlights High Wire's enhanced bundling strategy, which enables partners to fractionalize security services across their client base.
According to Mark Porter, President and CEO, this renewal demonstrates the effectiveness of their platform in enabling partners to scale security visibility and bundle capabilities more effectively. The company's strategy focuses on delivering fully integrated solutions rather than individual point solutions, aiming to transform the economics of managed cybersecurity.
High Wire Networks (OTCQB: HWNI) ha ottenuto un'importante rinnovazione e un accordo di espansione con un cliente attraverso la sua divisione di cybersecurity gestita Overwatch. Il contratto, del valore di quasi $720.000 in due anni, rappresenta sia un rinnovo che un ulteriore Ricavo Ricorrente Annuale (ARR).
Il cliente, un fornitore di servizi tecnologici che supporta clienti del settore pubblico e infrastrutture critiche in Nord America, ha ampliato il suo impegno verso la suite di servizi Overwatch. Il successo evidenzia la strategia di bundling migliorata di High Wire, che consente ai partner di frazionare i servizi di sicurezza tra la loro clientela.
Secondo Mark Porter, Presidente e CEO, questo rinnovo dimostra l'efficacia della loro piattaforma nel consentire ai partner di scalare la visibilità della sicurezza e di raggruppare le capacità in modo più efficace. La strategia dell'azienda si concentra sulla fornitura di soluzioni completamente integrate piuttosto che su singole soluzioni puntuali, con l'obiettivo di trasformare l'economia della cybersecurity gestita.
High Wire Networks (OTCQB: HWNI) ha asegurado un importante acuerdo de renovación y expansión con un cliente a través de su división de ciberseguridad gestionada Overwatch. El contrato, valorado en casi $720,000 durante dos años, representa tanto una renovación como ingresos recurrentes anuales adicionales (ARR).
El cliente, un proveedor de servicios tecnológicos que apoya a clientes del sector público y a infraestructura crítica en América del Norte, ha ampliado su compromiso con la suite de servicios de Overwatch. El éxito resalta la estrategia de agrupamiento mejorada de High Wire, que permite a los socios fraccionar los servicios de seguridad entre su base de clientes.
Según Mark Porter, Presidente y CEO, esta renovación demuestra la efectividad de su plataforma para permitir a los socios escalar la visibilidad de la seguridad y agrupar capacidades de manera más efectiva. La estrategia de la empresa se centra en ofrecer soluciones completamente integradas en lugar de soluciones puntuales individuales, con el objetivo de transformar la economía de la ciberseguridad gestionada.
하이 와이어 네트웍스 (OTCQB: HWNI)는 Overwatch 관리 사이버 보안 부서를 통해 중요한 고객 갱신 및 확장 계약을 체결했습니다. 이 계약은 2년 동안 거의 $720,000의 가치가 있으며, 갱신과 추가 연간 반복 수익(ARR)을 나타냅니다.
고객은 북미 전역의 공공 부문 고객과 중요한 인프라를 지원하는 기술 서비스 제공업체로, Overwatch 서비스 제품군에 대한 약속을 확대했습니다. 이 성공은 고객 기반에 걸쳐 보안 서비스를 분할할 수 있도록 파트너에게 권한을 부여하는 하이 와이어의 향상된 번들링 전략을 강조합니다.
마크 포터, 사장 겸 CEO에 따르면, 이번 갱신은 파트너들이 보안 가시성을 확장하고 기능을 보다 효과적으로 묶을 수 있도록 하는 플랫폼의 효과를 보여줍니다. 회사의 전략은 개별 포인트 솔루션보다 완전히 통합된 솔루션을 제공하는 데 중점을 두어 관리 사이버 보안의 경제성을 변화시키는 것을 목표로 합니다.
High Wire Networks (OTCQB: HWNI) a sécurisé un important contrat de renouvellement et d'expansion avec un client grâce à sa division de cybersécurité gérée Overwatch. Le contrat, d'une valeur de près de 720 000 $ sur deux ans, représente à la fois un renouvellement et des revenus récurrents annuels supplémentaires (ARR).
Le client, un fournisseur de services technologiques soutenant des clients du secteur public et des infrastructures critiques en Amérique du Nord, a élargi son engagement envers la suite de services Overwatch. Ce succès met en évidence la stratégie de regroupement améliorée de High Wire, qui permet aux partenaires de fractionner les services de sécurité au sein de leur clientèle.
Selon Mark Porter, Président et CEO, ce renouvellement démontre l'efficacité de leur plateforme pour permettre aux partenaires d'élever la visibilité de la sécurité et de regrouper les capacités de manière plus efficace. La stratégie de l'entreprise se concentre sur la fourniture de solutions entièrement intégrées plutôt que de solutions ponctuelles individuelles, dans le but de transformer l'économie de la cybersécurité gérée.
High Wire Networks (OTCQB: HWNI) hat einen bedeutenden Kundenverlängerungs- und Erweiterungsvertrag über seine verwaltete Cybersecurity-Abteilung Overwatch gesichert. Der Vertrag hat einen Wert von fast 720.000 $ über zwei Jahre und stellt sowohl eine Verlängerung als auch zusätzliche wiederkehrende Jahresumsätze (ARR) dar.
Der Kunde, ein Anbieter von Technologiedienstleistungen, der öffentliche Sektor-Kunden und kritische Infrastruktur in Nordamerika unterstützt, hat sein Engagement für die Overwatch-Service-Suite ausgeweitet. Der Erfolg hebt die verbesserte Bündelungsstrategie von High Wire hervor, die es Partnern ermöglicht, Sicherheitsdienste über ihre Kundenbasis zu fraktionieren.
Laut Mark Porter, Präsident und CEO, zeigt diese Verlängerung die Effektivität ihrer Plattform, die es Partnern ermöglicht, die Sicherheitssichtbarkeit zu skalieren und Fähigkeiten effektiver zu bündeln. Die Strategie des Unternehmens konzentriert sich darauf, vollständig integrierte Lösungen anstelle von einzelnen Punktlösungen anzubieten, mit dem Ziel, die Wirtschaftlichkeit der verwalteten Cybersecurity zu transformieren.
- Secured $720,000 contract renewal over 2 years with potential for significant growth
- Successful expansion of existing customer relationship indicates strong service satisfaction
- Growth in Annual Recurring Revenue (ARR) through enhanced bundling strategy
- Strategic shift to integrated solutions improving profitability potential
- Company trades on OTCQB market, indicating lower tier exchange listing
BATAVIA, Ill., March 13, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity services, announced a significant customer renewal and expansion agreement through its Overwatch managed cybersecurity division. The contract represents a renewal and significant additional Annual Recurring Revenue (ARR), representing nearly
The customer, a technology services provider supporting public sector clients and critical infrastructure organizations across North America, reaffirmed its trust in High Wire by renewing and expanding its commitment to the Overwatch suite of services. This strategic win reflects a meaningful increase in ARR for High Wire, driven by partner’s ability to fractionalize a comprehensive log-ingestion and correlation pipeline across their client base.
“Our goal has always been to simplify and amplify cybersecurity outcomes for our partners and their customers,” said Mark Porter, President and CEO of High Wire Networks. “This renewal is a testament to the power of our platform—by enabling partners to scale security visibility, fractionalize services across their client base, and bundle capabilities more effectively, we’re driving measurable impact while unlocking new levels of profitability and growth for the partner and us.”
This new strategy aligns more squarely with customer buying behavior and focuses on a fully integrated solution rather than individual point solutions.
High Wire remains committed to creating an unfair advantage for its partners and their customers by equipping them with the tools, scalability, and support needed to outperform in a rapidly evolving cybersecurity landscape. Through ongoing investments in innovations that make cybersecurity more accessible, scalable, and profitable, High Wire empowers its channel ecosystem to deliver greater value. By enabling partners to extend next-generation security pipelines across multiple clients efficiently and precisely, the company is transforming the economics of managed cybersecurity and driving more substantial outcomes across the board.
About High Wire Networks
High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation’s largest government agencies. The company’s 24/7 Security Operations Center is based in Chicago, Illinois.
High Wire was ranked by Frost & Sullivan as a Top 15 Managed Security Service Provider in the Americas for 2024. It was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024.
Learn more at www.highwirenetworks.com. Follow the company on X, view its video series on YouTube, or connect on LinkedIn.
Media Contact:
Lori Aleman
Director of Marketing
Phone: O: 630-635-8477 C: 602-920-0902
Email: lori.aleman@highwirenetworks.com
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