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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Lenovo Group Limited    0992   HK0992009065

LENOVO GROUP LIMITED (0992)
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Lenovo : Coronet Enables Wi-Fi Security When It’s Needed Most

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03/13/2018 | 06:30pm CEST

Coronet Security Technology Helps Lenovo™ PC Users Reduce Connections to Unsecured Wireless Networks.

Tel Aviv, Israel, March 13, 2018 --(PR.com)-- Coronet, an award-winning, cloud security company, announced that its security solution is now available, for free, to all customers of Lenovo’s Windows 10 based PCs. Lenovo has embedded Coronet’s security technology in its Lenovo Wi-Fi Security solution to help protect users from connecting to risky Wi-Fi networks in public places such as airports, hotels, and offices. Coronet analyzes and detects, in real-time, any threats or possibly malicious networks present in the vicinity of the user and enables the application to recommend a legitimate network. Through the Lenovo Vantage application, users can choose to enable Lenovo Wi-Fi Security which provides Lenovo customers with a central point to access a broad range of free tools and services to help them get the most from their PCs.

“Lenovo Vantage, powered by Coronet, lets our customers safely use their computers while avoiding risky networks. Coronet is the only solution that extends security to the network level, enabling us to shield users’ PCs and laptops from risky networks,” said Peter Gaucher, Executive Director of Cloud and Software at Lenovo. “We look forward to expanding our collaboration with Coronet to better serve our customers.”

Guy Moskowitz, Coronet’s co-founder and CEO stated, “This enhanced security solution gives Lenovo’s users a richer seamless experience, with improved protection and peace-of-mind from security risks when accessing public Wi-Fi networks. Coronet is committed to delivering market-leading security solutions, and we look forward to future collaborations with Lenovo.”

Coronet also provides its enterprise version to Lenovo corporate customers through its Affiliate Software program, allowing them to realize the full potential of Coronet technology to secure their workforce. This enables Lenovo’s corporate customers to access corporate services in the cloud and on-premises through validated network connections.

About Coronet
Coronet is the first to enable any sized organization to fully secure all SaaS and cloud services without any integration or customization, containers or proxies, or other tools that limit users, impact their experience, or inhibit productivity. Requiring zero operator involvement, Coronet enables SMB, SME and enterprises to have same level of security as major enterprises, but at a fraction of the cost. The platform continuously identifies risks and threats to ensure that only trusted users, using trusted devices, connecting through trusted networks to trusted cloud services can access corporate data. Based on those risks, it automatically controls applications users can use, activities users can perform, and data they can access. Based in Tel Aviv, Israel, Coronet is an award-winning, privately-held company with offices in New York, Boston, North Carolina and Frankfurt, Germany. Interested parties can visit www.coro.net to obtain more information.

Press Contact:
Carmen Hughes
Ignite X
C: +1.650.576.6444
carmen@ignitepr.com
Skype: carmen_hughes

LENOVO is a trademark of Lenovo.

Contact Information:
Ignite X
Carmen Hughes
650-576-6444
Contact via Email
www.ignitepr.com
Skype: Carmen_hughes

Read the full story here: https://www.pr.com/press-release/747596

Press Release Distributed by PR.com

Copyright © 2018 PR.com and its licensors , source US Press Releases

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Financials ($)
Sales 2019 49 422 M
EBIT 2019 871 M
Net income 2019 479 M
Debt 2019 2 251 M
Yield 2019 3,78%
P/E ratio 2019 15,99
P/E ratio 2020 12,45
EV / Sales 2019 0,21x
EV / Sales 2020 0,19x
Capitalization 8 104 M
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 0,62 $
Spread / Average Target -7,9%
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NameTitle
Yuan Qing Yang Chairman & Chief Executive Officer
Gianfranco Lanci President & Chief Operating Officer
Wai Ming Wong Chief Financial Officer & Executive Vice President
Arthur Hu Chief Information Officer & Senior Vice President
Yong Rui Chief Technology Officer & Senior Vice President
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