[Featured Stock] Genieons, Overseas Achievements in Middle East and North America Become Visible

Genians is on the rise. It appears that the outlook for results in the Middle East and North America has had an impact.

As of 9:58 AM on the 3rd, Genians was trading at 9,770 KRW, up 150 KRW (1.56%) from the previous trading day.

Saerom Lee, a researcher at the Korea IR Association, said, "Genians' Network Access Control (NAC) and Zero Trust Network Access (ZTNA) security solutions support both on-premises and cloud methods," adding, "They are growing rapidly by securing new customers in the Middle East and North American markets."

She continued, "To conduct full-scale sales activities in the Middle East, a local office was opened there last year, and the cumulative number of customers in the Middle East expanded to 57 by the end of last year."

She explained, "Although the main customer base, including provincial government agencies, finance, defense, aviation, and distribution sectors, has generated most of the revenue from domestic customers, achievements in the global market are expected to become visible starting this year."

The researcher emphasized, "Starting next year, according to the National Intelligence Service's Zero Trust adoption policy, the application of Korean-style Zero Trust will be mandatory for national and public institutions," adding, "The company holds an overwhelming market share and references in the Public Procurement Service's NAC and Endpoint Detection and Response (EDR) sectors, so it is expected to benefit significantly in the public procurement sector in the future."