High Wire Networks Strengthens Managed Cybersecurity Offerings
High Wire Networks, Inc. (OTCQB: HWNI), a prominent player in managed cybersecurity services, has successfully secured a significant renewal and expansion agreement through its Overwatch division. This noteworthy contract underscores the company's commitment to delivering enhanced value and scaling its managed services, leading to nearly $720,000 in Annual Recurring Revenue (ARR) over a two-year period.
Customer Loyalty and Strategic Wins
The renewed partnership involves a technology services provider dedicated to supporting public sector clients and critical infrastructure across North America. Their decision to continue working with High Wire reflects a strong trust in the capabilities of the Overwatch suite of services. This strategic victory offers a substantial increase in ARR, highlighting the partner's strategic ability to fractionalize services across its diverse client base, enhancing overall cybersecurity outcomes.
Empowering Partners for Greater Success
Mark Porter, President and CEO of High Wire Networks, shared insights about the renewal, stating, "Our goal has always been to simplify and amplify cybersecurity outcomes for our partners and their customers. 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 both the partner and us." This renewed focus on integrated solutions promises to align perfectly with evolving customer buying behaviors.
Innovative Strategies for Future Growth
High Wire is dedicated to maintaining a competitive advantage for its partners by equipping them with the necessary tools and support needed to excel in the fast-paced cybersecurity landscape. The company continues to invest in innovations designed to make managed cybersecurity services more accessible and profitable. By extending next-generation security solutions across various clients, High Wire aims to reshape the managed cybersecurity market and drive remarkable outcomes.
About High Wire Networks
High Wire Networks, Inc. (OTCQB: HWNI) is recognized as a rapidly growing and award-winning global provider of managed cybersecurity services. The company operates through over 200 channel partners, serving more than 1,100 managed security customers globally. Their clientele includes leading Fortune 500 companies and extensive government agencies throughout the nation, backed by a dedicated 24/7 Security Operations Center based in Chicago.
Recognitions in the Cybersecurity Sphere
High Wire earned a spot in Frost & Sullivan’s Top 15 Managed Security Service Providers in the Americas for the current year. Additionally, it received commendations on CRN’s MSP 500 and Elite 150 lists, acknowledging its position as one of the top IT managed service providers for 2023 and 2024.
Media Contact for High Wire Networks
Lori Aleman
Director of Marketing
Phone: O: 630-635-8477 C: 602-920-0902
Email: lori.aleman@highwirenetworks.com
Frequently Asked Questions
What recent agreement did High Wire Networks secure?
High Wire Networks secured a significant renewal and expansion agreement through its Overwatch division, valued at nearly $720,000 in Annual Recurring Revenue over two years.
How does this agreement impact High Wire's partners?
This agreement exemplifies High Wire's commitment to enabling partners, allowing them to enhance their service offerings and improve profitability through fractionalized cybersecurity solutions.
What industries does High Wire Networks serve?
High Wire Networks primarily serves technology service providers that support public sector clients and critical infrastructure across North America.
Who is the CEO of High Wire Networks?
The President and CEO of High Wire Networks is Mark Porter, who emphasizes simplifying cybersecurity for partners and clients.
Where can I learn more about High Wire Networks?
For more information about High Wire Networks, visit their official website at www.highwirenetworks.com or connect with them on professional networks.
