February 15, 2017

Unparalleled Solution Supports Continuous Protection against Mobile Threats in Real-Time

Santa Clara, California, Feb. 15, 2017 – Coronet, an award-winning, network security company, announced that it was honored with the 2016 Global Frost & Sullivan Award for Technology Innovation. The company’s cyber security software analyzes the risk level of Wi-Fi and cellular networks near an organization’s premises without having to connect to them

Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award also applauds the high R&D investment toward innovation and its relevance to the industry.

Coronet provides improved visibility and control into which Wi-Fi and cellular networks an organization’s users can access, distinguishing between legitimate networks and risky, possibly malicious networks. It also provides intelligence on the risk level of networks nearby an organization’s premises. Coronet runs on any device and platform including iOS, MacOS, Windows, and Android.

Said Frost & Sullivan’s Vice President of Research, Michael Suby, “Coronet’s solution garners information regarding the channel, technology, authenticity, and geographic location and automatically feeds this information into a database, while making sure that it does not capture any personally identifiable information. This data enriches customers’ enterprise dashboards and allows security and network professionals to regain control over wireless connectivity by defining connectivity policies comprised of key field behaviors, roles, and responses.”

“We are honored to receive this prestigious, annual award from Frost & Sullivan. The award underscores our technology is truly able to do what was once thought impossible: it identifies malicious Wi-Fi and cellular networks — without having to connect to them,” noted Guy Moskowitz, CEO of Coronet. “Coronet is committed toward continuing our R&D investments in order to provide our customers with the ability to perform faster identification and response times to new wireless threats.”

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities, which will make or break today’s market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.