{"id":783027,"date":"2023-09-11T09:24:31","date_gmt":"2023-09-11T13:24:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/"},"modified":"2023-09-11T09:24:31","modified_gmt":"2023-09-11T13:24:31","slug":"arqit-and-exclusive-networks-announce-us-distribution-partnership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/","title":{"rendered":"Arqit and Exclusive Networks announce US distribution partnership"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">LONDON, Sept.  11, 2023  (GLOBE NEWSWIRE) &#8212; Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Exclusive Networks North America, a global trusted cybersecurity specialist for digital infrastructure, today announced a distribution agreement for Arqit\u2019s unique Symmetric Key Agreement Platform.<\/p>\n<p align=\"justify\">Joining Exclusive Networks\u2019 portfolio of industry-leading vendors, channel partners can offer Arqit\u2019s groundbreaking technology that protects against both current and future cyber threats including the risk from quantum computing.<\/p>\n<p align=\"justify\">Organizations face a clear and present danger from cyber adversaries employing \u201cstore-now, decrypt-later\u201d attacks, stockpiling encrypted data to crack it open with the advent of quantum computing. Arqit\u2019s Symmetric Key Agreement Platform enables end-customers to simplify and strengthen their encryption and move from a complex public-key infrastructure and the need to trust third parties, to a platform designed for the cloud and a world of connected devices.<\/p>\n<p align=\"justify\">\n        <strong>David Williams, Arqit Founder, Chairman and CEO said:<\/strong>\n      <\/p>\n<p align=\"justify\">\u201cWe are thrilled to partner with Exclusive Networks North America, making our unique Symmetric Key Agreement Platform available to their industry-leading partners. To counter the growing threats from cyber adversaries in an ever-connected world, organizations need to take urgent action to simplify and strengthen their encryption, safeguarding their data and removing the quantum threat from their risk registers.\u201d<\/p>\n<p align=\"justify\">\n        <strong>Brian Vincik, Senior Vice President, Exclusive Networks North America said:<\/strong>\n      <\/p>\n<p align=\"justify\">\u201cAs organizations drive their digital transformation, they need confidence in the cybersecurity solutions available on the market. As a leader in quantum-safe encryption, Arqit\u2019s products and services protect against today\u2019s cyber threats and provide a defence against tomorrow\u2019s quantum attacks. Exclusive Networks is delighted to offer its US partners Arqit\u2019s groundbreaking technology within our trusted, high performance technology ecosystem.\u201d<\/p>\n<p>\n        <strong>Notes to Editors<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>\u201cStore-now, decrypt-later\u201d is a known threat and concerning for data with a long-time value:\u00a0<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>US Congress:<\/strong> \u201cThe rapid progress of quantum computing suggests the potential for adversaries of the United States to steal sensitive encrypted data today using classical computers and wait until sufficiently powerful quantum systems are available to decrypt it\u201d (Congress, Quantum Computing Cybersecurity Preparedness Act, 21 December 2022, <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/7535\/text\" rel=\"nofollow noopener\" target=\"_blank\">link<\/a>).\u00a0<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>Symmetric cryptography is a solution that can be implemented right now and can be used for both encryption and key exchange:\u00a0<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>US National Security Agency (NSA):<\/strong> \u201cNSA considers the use of <u>pre-shared symmetric keys<\/u> in a standards-compliant fashion to be a better near-term post-quantum solution than implementation of experimental postquantum asymmetric algorithms\u201d (NSA, Quantum Computing and Post-Quantum Cryptography, 4 August 2021, <a href=\"https:\/\/media.defense.gov\/2021\/Aug\/04\/2002821837\/-1\/-1\/1\/Quantum_FAQs_20210804.PDF\" rel=\"nofollow noopener\" target=\"_blank\">link<\/a>).<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>The US Government has already directed their agencies to implement symmetric-key protections for National Security Systems (NSS):\u00a0<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>The White House:<\/strong> \u201cBy December 31, 2023, agencies maintaining NSS shall implement <u>symmetric-key protections<\/u> (e.g., High Assurance Internet Protocol Encryptor (HAIPE) exclusion keys or VPN symmetric key solutions) to provide additional protection for quantum-vulnerable key exchanges\u201d (The White House, National Security Memorandum on Promoting United States Leadership in Quantum Computing While Mitigating Risks to Vulnerable Cryptographic Systems, 4 May 2022, <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2022\/05\/04\/national-security-memorandum-on-promoting-united-states-leadership-in-quantum-computing-while-mitigating-risks-to-vulnerable-cryptographic-systems\/\" rel=\"nofollow noopener\" target=\"_blank\">link<\/a>).<\/li>\n<\/ul>\n<p>\n        <strong>About Arqit <\/strong>\n      <\/p>\n<p align=\"justify\">Arqit supplies a unique Symmetric Key Agreement Platform-as-a-Service which makes the communications links of any networked device, cloud machine or data at rest secure against both current and future forms of attack on encryption \u2013 even from a quantum computer. Arqit\u2019s Symmetric Key Agreement Platform delivers a lightweight software agent that allows devices to create encryption keys locally in partnership with any number of other devices. The keys are computationally secure and operate over zero trust networks. It can create limitless volumes of keys with any group size and refresh rate and can regulate the secure entrance and exit of a device in a group. The agent is lightweight and will thus run on the smallest of end point devices. The Product sits within a growing portfolio of granted patents but also works in a standards compliant manner which does not oblige customers to make a disruptive rip and replace of their technology. Arqit was recently awarded the Innovation in Cyber award at the UK National Cyber Awards and Cyber Security Software Company of the Year Award at the UK Cyber Security Awards. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=S_dO179Xm_Jjm8r3enspiwnzB-HY7FpC9Vx0r5fG2rDqZr8fDv_0JVofoFY1lLDJ7YKRttRT37SGNCg9O9o9uw==\" rel=\"nofollow noopener\" target=\"_blank\">www.arqit.uk<\/a><\/p>\n<p>\n        <strong>About Exclusive Networks<\/strong>\n      <\/p>\n<p align=\"justify\">Exclusive Networks (EXN) is a global cybersecurity specialist that provides partners and end-customers with a wide range of services and product portfolios via proven routes to market. With offices in over 45 countries and the ability to serve customers in over 170 countries, we combine a local perspective with the scale and delivery of a single global organization.<\/p>\n<p align=\"justify\">Our best-in-class vendor portfolio is carefully curated with all leading industry players. Our services range from managed security to specialist technical accreditation and training and capitalize on rapidly evolving technologies and changing business models. For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Lz2fxxeJWv7sKRnWmEhEkF9QWggRJEGZKKIgK6JeSEX8gJMHXLwzo9MQfemtlHCpHjtp2tWLDlPND_6yS028EzSglxXmbTgGrgOodOEv3Smc7RFUV55mWuiQ0vzKRNdj\" rel=\"nofollow noopener\" target=\"_blank\">www.exclusive-networks.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Media relations enquiries:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Arqit<\/strong>: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zsjqDN1gpguy3XdqG8vLh-GhliehwRBW0JR-OqKPTfwDxcOl9TZqo-KYnEoLJRX_oDGAzvwJMKw9vsteHFl5CA==\" rel=\"nofollow noopener\" target=\"_blank\">pr@arqit.uk<\/a><br \/><strong>Gateway<\/strong>: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KPdlz2eM6l_x4d0pegoBhha-RroXH2SPFHmgs2l0fnMmT2ZNQqgc1N0JUmipLurHUz8H57DOSOOOI8ScgWYOdHxTXJqy9Gb6rXcUWqg06Xc=\" rel=\"nofollow noopener\" target=\"_blank\">arqit@gateway-grp.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Investor relations enquiries:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Arqit<\/strong>: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Qa2nwn0tgnN8r95XYeJBFGemG7b1TEFLWyj8bogjcquZjxBEigH2spI27ougeTewTvKFAStYKob1uRsDaip6BReJg6GrbGkArZUOQtW3eVk_3h37LYjglgSCoS81xevw\" rel=\"nofollow noopener\" target=\"_blank\">investorrelations@arqit.uk<\/a><br \/><strong>Gateway<\/strong>: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KPdlz2eM6l_x4d0pegoBhha-RroXH2SPFHmgs2l0fnNcmOtXhNuweeAjG8AMO3ejMT-kRQzFPAUAIGAyk_8qyJFBNmdh4P93Q_WVSRNA0J0=\" rel=\"nofollow noopener\" target=\"_blank\">arqit@gateway-grp.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Caution About Forward-Looking Statements<br \/><\/strong>This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements are based on Arqit\u2019s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit\u2019s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they may affect it. Except as required by law, Arqit does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqit\u2019s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) the outcome of any legal proceedings that may be instituted against the Arqit related to the business combination, (ii) the ability to maintain the listing of Arqit\u2019s securities on a national securities exchange, (iii) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance across competitors and changes in laws and regulations affecting Arqit\u2019s business, (iv) the ability to implement business plans, forecasts, and other expectations, and identify and realise additional opportunities, (v) the potential inability of Arqit to convert its pipeline into contracts or orders in backlog into revenue, (vi) the potential inability of Arqit to successfully deliver its operational technology, (vii) the risk of interruption or failure of Arqit\u2019s information technology and communications system, (viii) the enforceability of Arqit\u2019s intellectual property, and (ix) other risks and uncertainties set forth in the sections entitled \u201cRisk Factors\u201d and \u201cCautionary Note Regarding Forward-Looking Statements\u201d in Arqit\u2019s annual report on Form 20-F (the \u201cForm 20-F\u201d), filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on 14 December 2022 and in subsequent filings with the SEC. While the list of factors discussed above and in the Form 20-F and other SEC filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realisation of forward-looking statements.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxOTM0MyM1ODA2MzQ3IzIyMzI2MDg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NTI4MDgxOTYtYTc2Yy00MGZjLTgyNzYtYjkzYjA1ZTE1NDkxLTEyNDQxNjE=\/tiny\/Arqit-Quantum-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, Sept. 11, 2023 (GLOBE NEWSWIRE) &#8212; Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Exclusive Networks North America, a global trusted cybersecurity specialist for digital infrastructure, today announced a distribution agreement for Arqit\u2019s unique Symmetric Key Agreement Platform. Joining Exclusive Networks\u2019 portfolio of industry-leading vendors, channel partners can offer Arqit\u2019s groundbreaking technology that protects against both current and future cyber threats including the risk from quantum computing. Organizations face a clear and present danger from cyber adversaries employing \u201cstore-now, decrypt-later\u201d attacks, stockpiling encrypted data to crack it open with the advent of quantum computing. Arqit\u2019s Symmetric Key Agreement Platform enables end-customers to simplify and strengthen their encryption and move from a complex public-key infrastructure &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arqit and Exclusive Networks announce US distribution partnership&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-783027","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arqit and Exclusive Networks announce US distribution partnership - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arqit and Exclusive Networks announce US distribution partnership - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LONDON, Sept. 11, 2023 (GLOBE NEWSWIRE) &#8212; Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Exclusive Networks North America, a global trusted cybersecurity specialist for digital infrastructure, today announced a distribution agreement for Arqit\u2019s unique Symmetric Key Agreement Platform. Joining Exclusive Networks\u2019 portfolio of industry-leading vendors, channel partners can offer Arqit\u2019s groundbreaking technology that protects against both current and future cyber threats including the risk from quantum computing. Organizations face a clear and present danger from cyber adversaries employing \u201cstore-now, decrypt-later\u201d attacks, stockpiling encrypted data to crack it open with the advent of quantum computing. 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(Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Exclusive Networks North America, a global trusted cybersecurity specialist for digital infrastructure, today announced a distribution agreement for Arqit\u2019s unique Symmetric Key Agreement Platform. Joining Exclusive Networks\u2019 portfolio of industry-leading vendors, channel partners can offer Arqit\u2019s groundbreaking technology that protects against both current and future cyber threats including the risk from quantum computing. Organizations face a clear and present danger from cyber adversaries employing \u201cstore-now, decrypt-later\u201d attacks, stockpiling encrypted data to crack it open with the advent of quantum computing. Arqit\u2019s Symmetric Key Agreement Platform enables end-customers to simplify and strengthen their encryption and move from a complex public-key infrastructure &hellip; Continue reading \"Arqit and Exclusive Networks announce US distribution partnership\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-11T13:24:31+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxOTM0MyM1ODA2MzQ3IzIyMzI2MDg=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Arqit and Exclusive Networks announce US distribution partnership","datePublished":"2023-09-11T13:24:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/"},"wordCount":1237,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxOTM0MyM1ODA2MzQ3IzIyMzI2MDg=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/arqit-and-exclusive-networks-announce-us-distribution-partnership\/","name":"Arqit and Exclusive Networks announce US distribution partnership - 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