Country for PR: United States
Contributor: PR Newswire New York
Thursday, February 07 2019 - 00:00
AsiaNet
Industrial Cybersecurity Concerns Translate into Record Growth for PAS Global
HOUSTON, Feb. 7, 2019 /PRNewswire-AsiaNet/ --

-- Industrial Cybersecurity Company Reports Global Expansion, Record Revenue 
Growth, and Increased Customer Base Going into 2019 

PAS Global, LLC ( 
https://c212.net/c/link/?t=0&l=en&o=2366787-1&h=429917604&u=https%3A%2F%2Fwww.pas.com%2F&a=PAS+Global%2C+LLC 
), the leading solution provider of industrial control system (ICS) 
cybersecurity, process safety, and asset reliability in the energy, power, and 
process industries, announced today record 121 percent growth in the company's 
cybersecurity business in 2018. PAS Cyber Integrity(TM) protects the industrial 
control systems (ICS) that operate the world's critical infrastructure against 
cyberattacks. Cyber Integrity provides the most comprehensive inventory of the 
ICS, beyond what is visible using network monitoring solutions. It enables 
companies to identify vulnerabilities, detect unauthorized change, and address 
compliance requirements to reduce ICS cybersecurity risks and improve process 
safety.

2018 highlights include:

    - Revenue growth: PAS grew ICS cybersecurity annual revenue by 121 percent 
      with new customers in the oil and gas, refining, petrochemical, and power 
      industries. 
    - Worldwide expansion: In support of regional growth, PAS has opened new 
      offices and expanded presence in Saudi Arabia, United Arab Emirates, 
      Ireland, Germany, Spain, South Korea, and India. PAS also expanded its 
      corporate headquarters and sales offices in Houston by 60 percent. 
    - Technology releases: PAS released Cyber Integrity 6.0 delivering 
      continuous vulnerability management for real-time, comprehensive 
      visibility into ICS vulnerability risks. 
    - Expansion of the executive leadership team: In December 2018, PAS 
      announced the addition of Tim Taylor as Chief Financial Officer. Taylor 
      joins PAS from Paradigm and brings over 18 years of progressive 
      experience in finance and operations management. 
    - Industry accolades: In 2018, PAS received the Frost & Sullivan North 
      American Technology Innovation Award for its Cyber Integrity software. 
    - Employee base: In 2018, the PAS employee base grew by 20 percent YOY with 
      a 32 percent growth in R&D.

"Our momentum reflects the confidence and the trust of our customers in our ICS 
cybersecurity and process safety solutions," says Eddie Habibi, Founder and CEO 
of PAS. "With the emergence of the Industrial Internet of Things, we are seeing 
a convergence between the disciplines of safety and cybersecurity, both 
requiring methodical risk management. Our solutions help customers measure, 
visualize, analyze, and manage cybersecurity and safety risks to ensure safe, 
secure and profitable operations."

PAS solutions are installed in more than 70 countries in over 1,380 industrial 
facilities, including 13 of the top 15 chemical companies, 10 of the top 15 
refining companies, and 5 of the top 15 power companies in the world. 

About PAS 
Founded in 1993, PAS is a leading provider of software solutions for ICS 
cybersecurity, process safety, and asset reliability to the energy, process, 
and power industries worldwide. PAS solutions include industrial control system 
cybersecurity, automation asset management, IPL assurance, alarm management, 
high performance HMI(TM), boundary management, and control loop performance 
optimization. PAS was recently named the #1 Global Provider of Safety Lifecycle 
Management by ARC Advisory Group including #1 rankings within Chemical, Power 
Generation, Refining, and Oil & Gas. For more information, visit www.pas.com.  
Connect with PAS on Twitter @PASGlobal ( 
https://c212.net/c/link/?t=0&l=en&o=2366787-1&h=3428157803&u=http%3A%2F%2Fwww.twitter.com%2Fpasglobal&a=%40PASGlobal 
) or LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=2366787-1&h=1771609962&u=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fpas&a=LinkedIn 
).

SOURCE: PAS Global, LLC 

CONTACT:  Merritt Group, Ashley Howard, +1 703-598-1174, PAS@merrittgrp.com
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