Senetas : Announces Verizon Australia Agreement

September 3, 2020

ASX ANNOUNCEMENT

Senetas Announces Verizon Australia Agreement Providing Australian Sovereign Cybersecurity

Verizon to distribute Senetas encryptors to protect Australian government and business customers' network data in transit.

Senetas Corporation Limited (ASX: SEN) has entered into a supplier agreement with Verizon Australia Pty Limited (Verizon), which will see Verizon distribute Senetas's certified high-assurance encryptors as part of Verizon's managed security offerings for its government and enterprise customers.

Verizon has provided managed network and security services to Australian government departments and businesses for over 20 years including more than 75 national and state government agencies. Notably, in 2017, Verizon opened a state-of-the-art Asia-Pacific Advanced Security Operations Centre in Canberra. It is also a panellist on the Whole-of-Australian-Government Telecommunications Services Panel, providing coordinated telecommunications services.

Senetas CEO, Andrew Wilson, said "Our new arrangement with Verizon is significant for a number of reasons. Verizon's extensive business and government customer services are enhanced by its strong commitment to secure telecommunications services. This is highlighted by Verizon's decision to locate its Asia-Pacific Advanced Security Operations Centre in Australia's capital, Canberra.

"Our supplier arrangement provides government agencies throughout Australia opportunities to easily adopt Australian sovereign cybersecurity solutions as encouraged by the Australian government. The government's statements about Australia's national cybersecurity resilience, in the face of increasing cyber-threats, have included emphasis on Australian sovereign cybersecurity solutions. This emphasis provides important recognition of the Australian world-class and leaders in cybersecurity categories. With our inclusion in the Australian government's 'Evaluated Products List' (EPL), Senetas is seeing increasing government agencies' recognition and choice of Australian cybersecurity solutions."

Recently, the Australian government highlighted the growing threats to Australia's cybersecurity through increasingly sophisticated cyber-attacks "targeting businesses and governments at all levels" by bad actors including 'state sponsored' entities. It stressed the importance of cyber-resilience and sovereign cybersecurity solutions. This has also been highlighted in the government's 2020 National Cybersecurity Strategy.

"Being able to encrypt, update and patch sensitive data without compromising on network speed or availability is extremely valuable to our enterprise and government customers", said Verizon's Asia-Pacific Head of Cybersecurity, John Hines.

Senetas certified high-assurance network encryptors are used globally to protect sensitive government and business critical data transmitted over core IT systems' network infrastructures. These solutions include providing maximum encryption security without compromising network performance for: data centre connections, business locations, Cloud enabled services, critical national infrastructure and CCTV networks.

Additionally, Senetas network encryptors are quantum-ready and support all customer network topologies including complex hub-and-spoke and fully meshed architectures. They also provide Network Independent Encryption security for both Ethernet and Internet Protocol network services.

www.senetas.com

For further information please contact: Chris Knorr

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ABOUT SENETAS

Senetas is a global leader in certified high-performance encryption security solutions. Senetas cybersecurity solutions are developed and manufactured in Australia. Senetas high-speed encryptors protect network data in transit without compromising performance. They include certified high-assurance hardware encryptors for core IT network infrastructure and virtualised encryption to the network edge. For secure user-friendly file sharing and collaboration, SureDrop is the most secure application also providing 100% data sovereignty control and protection against malware and zero-day attacks.

All Senetas solutions share a crypto-agile and quantum-ready end-to-end encryption platform.

Senetas solutions are used to protect much of the world's most sensitive data, from enterprise, government, defence and intelligence agency data, to technology service provider and critical national infrastructure customers against data breaches and cyber-attacks. Leveraging end-to-end encryption, state-of-the-art key management and quantum-ready design, they provide long-term data protection without compromising network and application performance, or user experience.

Senetas encryption solutions are used in more than 40 countries. They are distributed and supported internationally by Thales, the world's largest security company.

www.senetas.com