News Detail - Cyan Security

cyan and MobiFone launch child protection solution 'SafeKids'

DGAP-News: cyan AG / Key word(s): Alliance
19.03.2021 / 08:30
The issuer is solely responsible for the content of this announcement.

cyan and MobiFone launch child protection solution "SafeKids"

Munich, March 19, 2021 - Today cyan's customer MobiFone Global, member of MobiFone Group, one of the largest telecommunications companies in Vietnam with a fast-growing customer base of about 50 million customers, has successfully launched their first product based on technology provided by cyan - MobiFone SafeKids - after signing an all-digital cooperation agreement in May 2020.

MobiFone SafeKids allows parents to accompany their children during their first steps on the internet and to protect them from harmful content and inappropriate apps. The solution is provided by cyan and has been successfully integrated into MobiFone Global's infrastructure. The applications are available for download to MobiFone's customers through the Google Play Store and Apple App Store. MobiFone will start their marketing targeting millions of customers with e-campaigning and via traditional sales channels, aiming to reach six-digit figures in the coming months.

Mr. Vu Phi Long, CEO of MobiFone Global: "Children are often spending multiple hours on their phones every day for everything from games to education. The Covid-19 Pandemic has further accelerated that trend. With this cooperation cyan contributes to one of our strategic focus topics - value-added services for our customers. We have started to promote the app in the middle of March 2021."

Markus Cserna, CTO of cyan AG: "Integrating products into a telecommunication network serving over 50 million customers is a challenging endeavour even in normal times. Covid-19 made it much more difficult without traveling and, hence, without local presence of our engineers. As such, it makes me proud that we were able to successfully integrate and launch our first product together with MobiFone."

About MobiFone
MobiFone has come a long way since 1993, when we are the first mobile network operator in Vietnam. Today, it is our pleasure to be the communication way of nearly 50 million subscribers (about 30% of market share). In 2014, MobiFone Corporation's revenue exceeded 2 billion dollars, which let us remain one of the three largest mobile operators in Vietnam.

Since establishment, quality plays as a key strategy to all MobiFone leaders. We are honored to be awarded "The most favorite mobile operator" 6 years-in-a-row, which means MobiFone is trusted by customers.

Communicate is vital to all of us. Hence, MobiFone Corporation now provides a diverse range of services including mobile, data, internet, IPTV/cable TV, business solutions, infocomm technology (ICT), and investment. We understand, in an increasingly connected world, it's no longer just about being able to talk and text. With our network, you can capture and share your feelings as soon as they created.

About cyan
cyan AG (XETR: CYR) is a leading, globally active provider of intelligent IT security solutions and telecom services with more than 15 years of experience in the IT industry. The main business areas of the company are cybersecurity solutions for end customers of mobile and fixed network internet service providers (MNO), virtual mobile network operators (MVNO) as well as banks and insurance companies. cyan's solutions are integrated into the business partner's infrastructure and then offered to their end customers ("B2B2C") under their name ("white-labeled").

Today, the group of companies has more than 50 international customers, through which cyan products are sold to approximately 50 million end customers. cyan can offer products along the entire value chain from platform, data optimization to cyber security. In addition, cyan operates its own Research & Development Centre with the aim of identifying trends in the industry at an early stage and developing optimal product solutions. In December 2018, cyan was able to win a global group contract with Orange in an international tendering process. cyan's cooperation partners include the world's leading insurance broker Aon or Magenta Telekom.

Further information is available at www.cyansecurity.com

Investor Contact:
cyan AG
Tel. +49 89 71042 2073
E-mail: ir@cyansecurity.com

Press Contact:
Better Orange IR & HV AG
Tel. +49 89 88 96 906 17
E-mail: anita.schneider@better-orange.de



19.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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