Managed Cybersecurity Revenue Jumps 111 Percent First Half of Year
BATAVIA, Ill., June 30, 2022 (GLOBE NEWSWIRE) -- High Wire Networks Inc. (the “Company” or "High Wire") (OTCQB: HWNI), announced today High Wire’s Overwatch Managed Cybersecurity division grew its monthly recurring revenue by 111 percent, in step with the growth of partner acquisitions and end customer opportunities.
- Overwatch partners increased 32% YTD, 18% Q1 to Q2
- Overwatch paying tenants increased more than 196% YTD, 92% from Q1 to Q2
“The acceleration of our Overwatch growth is aligned with the commitment we made to our MSP and channel partners to expand our managed security roadmap, driving tremendous value to their businesses,” said Mark Porter, High Wire President and CEO. “Our continued investments deliver customized solutions that improve the maturity of our partner’s cybersecurity program.”
About High Wire Networks
For 20 years, High Wire Networks Inc.(OTCQB: HWNI) has been a trusted partner to VARs, MSPs, distributors, integrators, manufacturers and telecom providers by enabling them to minimize overhead while extending delivery capabilities around the world. Our flexible workforce delivers vendor-agnostic technical field, professional and security services in more than 180 countries. Our services include design, installation, configuration and support for unified communications, wired and wireless networks, cabling and infrastructure, and electrical systems. Our Overwatch Managed Security Marketplace enables our partners to deliver comprehensive cybersecurity that's easy to sell and easy to buy for an affordable subscription. We also offer a variety of on-demand, rapid-response solutions with service levels ranging from two hours to the next business day for onsite break-fix and remote technical support. With High Wire Networks, partners Get Work Done. Learn more at www.highwirenetworks.com.
Forward-Looking Statements:
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