Benzinga | Jul 14, 2021 09:24AM EDT

Central European CSP Picks Allot For Cybersecurity Solutions

* A Central Europe mobile and fixed communications provider has selected Allot Ltd's (NASDAQ:ALLT) NetworkSecure and EndpointSecure solutions to provide cybersecurity services and parental controls to their consumer customers.

* The financial terms of the contract remain undisclosed.

* The CSP and Allot will share recurring monthly revenue generated by the services.

* NetworkSecure is a network-based cybersecurity service platform offering zero-touch, clientless operation without any application installation.

* With the help of NetworkSecure, the service provider can offer its customers protection from cybersecurity threats, including malware, viruses, phishing, and ransomware.

* Price action: ALLT shares traded higher by 1.65% at $19.14 in the premarket session on the last check Wednesday.