Four Telecom Orders in Q4 represents new benchmark for Clavister

Clavister’s solution for mobile operators gains market share and reputation.

December 15 2017, Örnsköldsvik, Sweden. Clavister (CLAV: NASDAQ), a leader in high-performance network security solutions, announces that purchase orders for its virtual security solution for service providers reached a new benchmark with four new mobile operator customers in the present quarter. 

The solution became available in the early part of this year and since then has garnered significant traction. The first two quarters saw five orders and two during the third quarter. The four orders in the fourth quarter represent a growing industrial adoption of the solution as well as a very compelling win ratio of pitches to orders for the year: 20 tenders at the beginning of the year with 11 signed purchase orders. For the first year of a new software solution, such numbers are well regarded. 

“These Q4 orders are a brilliant way to end the year, showing that our innovations and go-to-market strategies are highly focused and commercially viable. These deployments and Proof-of-Concepts (PoCs) are the starting points of our business model where operators pay based on the amount of data flowing across the Clavister solution,” states John Vestberg, President and CEO of Clavister, confidently of the incoming orders and how they serve as a further proof point for the solutions viability in addressing the mobile operators’ need for increased security.  

The four orders in Q4 are a mix of commercial deployments and paid-for PoCs. Of the PoCs, one is for a European customer and the other a North American brand of significant size and reputation. Both PoCs will conduct testing and evaluations until the early quarters of next year.  

Of the two commercial deployments, one is a European operator of significant size. The other, however, represents one of the largest operating environments in Asia by a globally recognized mobile carrier.

For more information, please contact:
John Vestberg, President and CEO
john.vestberg@clavister.com

About Clavister

Clavister is a leading supplier of IT-Security Solutions for fixed, mobile and virtual networks. Clavister is offering small and midsized companies, telecom-operators, cloud and service-providers market-leading security-solutions for today’s security threats. The stock, Clavister Holding AB, is listed at NASDAQ First North under shortname CLAV and has 5,966 shareholders. Remium Nordic AB is the Companies Certified Advisor. 

About Us

Clavister is a network security vendor delivering a full range of network security solutions for both physical and virtualized environments. Our network security solutions are used by a wide range of organizations throughout the world, including mobile and network security solutions for large enterprises, cloud service providers and telecom operators. Our product portfolio demonstrates world-class performance, flexibility and robustness. We continue to innovate and pioneer new and exciting areas in network security. Our Clavister product line is available both as hardware and virtual appliances. Each appliance series offers the same award-winning Clavister functionality and gives you the ultimate choice in selecting the right network security solution for your needs. This is a direct result of our constant drive to bring out innovative network security features and products to the market. Founded in 1997, Clavister has a proven track record of providing innovative solutions and leading edge security design.

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