Hod Hasharon, Israel, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that Asahi Net, a broadband provider in Japan, and Allot have signed an agreement for Asahi Net to adopt the newly announced SG-Tera III multiservice platform.
Asahi Net was the first Allot customer in the world to implement the SG-Tera II in 2021 and will be the first customer of Allot to implement the new SG-Tera III which, at 2.8 Tbps of traffic throughput, will be the highest capacity multiservice platform on the market.
“We are proud that we will be the first operator to adopt the Allot SG-Tera III platform, and we are looking to further strengthen the relationship we have developed with Allot as a partner.” said Mr. Satoshi Kashiwa, an executive officer at Asahi Net. “Asahi Net anticipates that the new platform will serve our growing bandwidth management needs and those of our valued VNO and broadband customers for years to come.”
“Since the first deployment at Asahi Net three years ago, our business relationship has grown along with Asahi Net’s business and technical requirements,” said Dr. Oren Kaufman, General Manager at Allot Japan. “We are pleased to be able to provide cutting-edge technology to Asahi Net so that they, in turn, can deliver the best customer satisfaction in Japan.
Asahi Net uses the SG-Tera multiservice platform to enable the implementation of Allot SmartTraffic QoE. SmartTraffic QoE provides comprehensive network traffic analytics as well as flexible, granular and precise real-time traffic management, which improves network Quality of Experience (QoE) for Asahi Net’s VNOs and their broadband customers. The unprecedented high capacity of the SG-Tera III will cost-effectively manage Asahi Net’s current high traffic throughput and offer them the flexibility to expand as traffic increases.
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Additional Resources:
Allot Blog: https://www.allot.com/blog
Telco CyberTalk Podcast: https://www.allot.com/resources/podcasts
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About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence and converged security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-native security services, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-native security-as-a-service solution is already used by many millions of subscribers globally.
Allot. See. Control. Secure.
Forward-Looking Statement
This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Seth Greenberg Allot +972.54 922 2294 sgreenberg@allot.com Ehud Helft Allot Investor Relations +1-212-378-8040 Allot@ekgir.com
