- Falanx has won a a new three-year managed cyber security service contract with a premier UK health sector organisation which will generate in excess of £250,000 of revenues. Falanx said this valued client of over two years, now enjoys the benefit of all the company's product offerings of Assess, Consult, Monitor and Response.

It said this new contract provided an expansion of its 'protective monitoring' service to provide more comprehensive coverage of the IT estate.

In addition, the Falanx cyber 'incident response' service will provide 24/7 coverage to contain and protect infrastructure in the event of a breach or data leakage.

The group also announced the appointment of Ian Selby as chief financial officer.

Selby is a chartered accountant with significant experience in the technology, security and business services sectors. He was previously the CFO of AIM-listed Westminster Group.

At 9:25am: [LON:FLX] Falanx Group Plc share price was +0.4p at 5.1p

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