--The below is a company-sponsored announcement--
Growth in receipts has been driven by increasing demand for its VSN platform, particularly in
Its core product is a globally-patented, award-winning technology called the Virtual Invisible Network (VIN), which is proving to be a popular network security solution around the globe.
Its
As the pandemic gripped the world,
iLinkAll is the 2019 award winner of the Innovative Cloud Service Platform by the
Since the COVID outbreak, there has been enormous upside.
NET receipts from customers grew 77% quarter-on-quarter to
Further to this, recurring revenue continues to track up and is likely to account for a greater percentage of customer receipts as new VSN deployments are secured.
"
"A key focus for our team right now is to deliver our greatly enhanced VSN '2' platform which is in the final stages of development. Enhancements to the platform ensure that we maintain a market-leading position and deliver high levels of tendering success. We look forward to reporting on progress as well as some other pleasing growth initiatives we are close to delivering."
For
The company is now comfortably placed to meet its previously stated guidance of
About NET's VSN
The following graphic highlights its capabilities:
VSN utilises an award winning, world-class encryption that protects all network transmissions from edge to edge. In fact, the benefits of the VSN are many and varied:
- VSN offers autonomous adjustment of bandwidth & smart routing
- VSN can switch between peer-to-peer and mesh mode
- VSN employs a powerful backbone over any existing network
- VSN uses access control lists (ACLs) to ensure that network services are only available to authorised users - making the network invisible to unauthorised users
- Security policy management is centralised in the VSM and enforced at the edge
- VSN blends open standards with cutting edge virtual technology, giving it a rich feature set that is ahead of the SDWAN market
- VSN offers 5G-ready edge devices that support IoT and extends the network edge to the mobile device for demanding branch edge deployments.
- Leapfrogs latent technologies
These benefits, along with creating a secure network were paramount in the
Earlier today the corporate announcement above was publicly released. FNArena is acting as a partner in distribution to broaden the reach. No journalists have been involved in the re-publication of this announcement.
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