Allot HomeSecure, a member of the Allot Secure family, to complement the existing Allot solution for mobile security

Hod Hasharon, Israel, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and converged network-native security solutions for communication service providers and enterprises, has today announced that Vodafone UK has recently launched Secure Net Home, extending network-native, next generation threat protection and content control services to their fixed broadband customers using Allot's award winning HomeSecure solution.

Eyal Harari, CEO of Allot said: "HomeSecure, a member of the Allot Secure family, is a next generation cybersecurity solution from Allot which protects the subscriber's broadband network and the devices in their home from cyber threats. Secure Net Home, powered by Allot Secure, complements Vodafone UK Secure Net mobile protection services. Together, these solutions increase customer satisfaction and confidence, enhanced by the relationship between Vodafone UK and Allot, all based on network native security."

Allot HomeSecure provides security for all devices connected to the home network including mobile devices, computers, home IoT, and smart appliances. It integrates into the existing home router with the addition of a thin software client that provides zero-touch home network visibility, cybersecurity, and parental controls without the need for any installation by the consumer. HomeSecure identifies and profiles connected home devices and can detect anomalous device behavior.

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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