Drumz shares up as investee Acuity partners with Nettitude

Drumz PLC - Beaconsfield, England-based investor in software sector - Says its subsidiary Acuity Risk Management Ltd, a cyber and IT risk management firm, enters a partnership with cyber security service provider Nettitude. Nettitude offers solutions to tackle cyber security challenge, providing technical assurance, advisory, security testing, incident response, and managed security offerings. Says Acuity's STREAM Integrated Risk Management platform delivers view of risk and compliance across the enterprise by "integrating cyber risk with IT and operational risks".

Chief Commercial Officer says: "Acuity is delighted to be partnering with Nettitude, who have extensive experience in developing and deploying cyber security solutions. With mounting regulatory pressure across the world, the combined expertise of Nettitude and Acuity offers a great opportunity for organisations to adopt an Integrated Risk Management strategy, providing the necessary clarity to navigate complex risk landscapes."

Drumz had its initial public offering on April 25 at a price of 1.0 pence, with a market capitalisation of GBP5.4 million.

Current stock price: 5.38 pence each, up 6.5% on Tuesday morning in London

By Xindi Wei, Alliance News reporter

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