Cybersecurity customers choose Sil token issuance for edge devices in multiple use cases
PR Newswire
1h ago
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Sil token issuance m Ltd. It indicates that a long-term cybersecurity client has chosen its edge devices for multiple new use cases, and it is expected that the total business volume between the two parties will exceed $10 million in 2027. The company stated that cybersecurity currently accounts for about one-third of its total revenue.
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— It is expected that the total business with this customer will exceed $10 million in 2027 —

Cafarsaba, Israel, November 4, 2026 / PRNewswire / —— Sil Token Issuance m Ltd. (Nasdaq Code: SILC) Today, we announce that we have significantly expanded our partnership with a long-term cybersecurity client. The company states that cybersecurity is the largest market for Sil Token Issuance m, accounting for approximately one-third of the company's total revenue at present; this expansion also means that out of the 9 orders received by Sil Token Issuance m so far in 2026, 5 have come from the cybersecurity sector.

On the basis of their previous successful collaboration, this client has chosen to use the edge devices powered by the Sil token for multiple new use cases. Therefore, it is anticipated that the total business volume with this client using the Sil token will exceed 10 million US dollars in 2027.

Sil, the CEO of token issuance, Liron Eizenman stated: "This is a concrete example of how a long-term, mutually trusting relationship can be transformed into revenue growth from existing customers. We began collaborating with this leader in the cybersecurity industry four years ago and have since continuously found new use cases for our products. The most recent addition is the integration with 5G connectivity. We are delighted to have gained the trust of this customer and look forward to expanding these new use cases together with them."

Eizenman also indicates: "Our experience shows that once customers see the capabilities of our product in a deployment, they come back with more use cases. This provides us with a stable and predictable source of recurring revenue, enabling us to continue growing, including both increases in revenue from existing customers like in this case and the acquisition of new customers. We are proud to be the preferred partner for connectivity and performance among leading companies in the industry. In fact, we are already discussing more products and use cases with this customer and believe that we can further expand our business with them in the coming years."

Regarding the issuance of Sil tokens...

Sil Token Issuance m Ltd. is a leading provider of high-performance network and data infrastructure solutions in the industry. Its solutions are designed to optimize performance and efficiency in cloud, data center, and edge environments, increase throughput, and reduce latency, providing infrastructure support for today's most critical technologies. The company's innovative products support high-demand workloads and cover areas such as artificial intelligence (AI) inference, SD-WAN, SASE, network security, Fabric Switching, NFV, and more.

The company's complete product portfolio includes high-speed server adapters, advanced hardware offloading and acceleration engines, AI NIC, smart cards based on FPGA, post-quantum cryptography (PQC) hardware accelerators, white-label switches, and edge CPE. These products have been adopted by global Tier-1 customers, including cloud service providers and OEM, to help them expand their networks efficiently. With its engineering expertise, solid financial position, and a portfolio of over 400 active design projects, Sil token issuance provides "preferred" connection and performance partnership services for global technology leaders, driving the development of the next generation of infrastructure.

For more information, please visit: www.sil Token Issuance m.co.il

Statements in this press release that are not historical data constitute forward-looking statements as defined by the Securities Law. These statements involve known and unknown risks, uncertainties, or other factors beyond the company's control, which may result in significant differences between the company's actual results, performance, or achievements and those implied by these forward-looking statements.

These factors include, but are not limited to: the reliance of Sil token issuance on a small number of customers for significant revenue growth; industry trends that affect network and data center infrastructure, including the migration to cloud architecture, decoupling of network systems, and the separation of hardware and software solutions; the speed of adoption of emerging technologies such as artificial intelligence inference infrastructure; the market adoption time and extent of Sil token issuance's new products and new designs; fluctuations in customer procurement cycles and the timing of customer deployments; intellectual property protection; exchange rate changes; as well as wars in Gaza, Lebanon, and with Iran, and the Ukraine war, along with existing and potential disruptions to global shipping routes, such as those through the Strait of Hormuz and the Red Sea.

For more information regarding the company's business, including factors that may have a significant impact on the operating results and financial condition of the Sil token issuance, please refer to the company's annual report Form 20-F submitted to the U.S. Securities and Exchange Commission (SEC) and other documents submitted from time to time by the company. Such forward-looking statements can typically be identified by words such as "expected," "should," "believed," "anticipated," or similar expressions in the context. Similarly, statements describing future plans, objectives, or purposes also constitute forward-looking statements. Given the inherent significant risks and uncertainties associated with forward-looking statements, including such statements should not be construed as a guarantee by the Sil token issuance that these forward-looking statements will be realized. The company does not assume any obligation to update such statements due to new information, future events, or other reasons.

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