LONDON, April 15, 2024 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a world resolution supplier in Security Intelligence, Network Intelligence, Business Intelligence, and IoT know-how, as we speak launched its new line of Security Convergence Devices, developed in collaboration with Lanner. These {hardware} home equipment lead the market in innovation and effectivity and epitomize Gorilla’s dedication to safeguarding digital perimeters with unparalleled efficacy and cost-effectiveness.

At the core of this initiative is Gorilla’s inaugural system, a revolutionary built-in AI-based platform poised to redefine cybersecurity on the edge. Leveraging state-of-the-art know-how, Gorilla’s proprietary detection engine, NetProbe will shield in opposition to the consistently evolving panorama of cyber threats. By addressing malicious IP connections and strengthening defenses in opposition to the onslaught of DDOS assaults, NetProbe permits organizations to proactively safe their networks with out the necessity for handbook intervention.

Dr. Rajesh Natarajan, Chief Technology Officer at Gorilla Technology, commented, “We are proud to introduce these Security Convergence Devices, which usher in a revolutionary era in cybersecurity. In this product line, the prowess of artificial intelligence melds flawlessly with cutting-edge hardware, setting a new benchmark for protection. With NetProbe steering the course, we are arming enterprises with the means to identify and counteract cyber threats and the strategic advantage to outpace them.”

Key options of those groundbreaking Security Convergence Devices embrace:

• AI-Powered Intrusion Detection and Protection: Harnessing the capabilities of synthetic intelligence, the gadgets repeatedly monitor and analyze community visitors to determine and neutralize potential threats in real-time.
• DoS/DDoS Detection Powered by Machine Learning: By using cutting-edge machine studying algorithms, the gadgets discern and counteract distributed denial-of-service assaults, guaranteeing uninterrupted community operations.
• Customized Alert Notifications: Tailored to go well with the distinctive necessities of every group, the gadgets ship custom-made alert notifications, enabling swift and knowledgeable responses to rising threats.
• Rich Analytics: Equipped with complete analytical capabilities, the gadgets present actionable insights into community exercise, empowering directors to make data-driven choices to optimize safety posture.

“As technology continues to evolve, so too must our approach to cybersecurity. With our Security Convergence Devices, we are not merely reacting to threats, we are anticipating and neutralizing them before they can inflict harm. This is not just the future of cybersecurity—it’s the present,” added Dr. Natarajan.

“Gorilla Technology is strategically positioned to secure a significant share of the rapidly expanding cybersecurity market. As reported by ‘Research and Market’ and ‘Mordor Intelligence’, the Asia Pacific region’s market size is set to surge from USD $35.23 billion in 2023 to USD $84.57 billion by 2028, a CAGR of 19.14%, and the MENA market is anticipated to grow from USD $2.91 billion in 2024 to USD $5.3 billion in 2029, a CAGR of 12.4%. Gorilla aims to capture at least a 2% market share, an ambitious target that can substantially enhance our revenue and significantly strengthen our financial performance in the years ahead,” said Jay Chandan, Chairman & CEO of Gorilla.

About Gorilla Technology Group Inc.
Gorilla, headquartered in London U.Ok., is a world resolution supplier in safety intelligence, community intelligence, enterprise intelligence and IoT know-how. Gorilla develops a variety of options together with Smart Cities, Smart Retail, Enterprise Security, and Smart Media. In addition, Gorilla supplies an entire Security Convergence Platform to authorities establishments, telecom firms and personal enterprises with community surveillance and cyber safety.

Gorilla locations an emphasis on providing main know-how, skilled service, and exact supply, and guaranteeing top-of-the-line, clever and robust edge AI options that allow shoppers to enhance operational efficiency and effectivity. With steady core know-how growth, Gorilla will ship edge AI options to managed service suppliers, distributors, system integrators, and {hardware} producers. For extra data, please go to our web site: Gorilla-Technology.com.

Forward-Looking Statements
This press launch incorporates forward-looking statements, that are primarily based on estimates, assumptions, and expectations. Actual outcomes and efficiency might differ materially and adversely from these expressed or implied in forward-looking statements. Gorilla doesn’t undertake any obligation to replace any forward-looking statements, besides as required by regulation.

Investor Relations Contact:
Cody Fletcher
The Blueshirt Group for Gorilla
+1 (434) 251-7165
gorillair@blueshirtgroup.co

Media Contact:
James McCusker
Canaan Parish Group Inc.
+1 (203) 585-4750
canaanparishgroup@gmail.com