Accel Solutions Group Wins Israel's Largest Network Security Tender in Partnership with Palo Alto, Estimated at Up to NIS 500 Million

• Danet, an 80% owned subsidiary of Accel, has won a strategic tender to supply network security products and services to a major customer in Israel.
• The engagement period is three years, with an option to extend for an additional three years.
• As part of the tender, Danet will provide cybersecurity and information security products and services for network infrastructure, in partnership with the global cybersecurity vendor Palo Alto Networks, to protect the customer’s critical network infrastructure in Israel.

Accel Solutions Group Ltd . (TASE: ACCL), one of Israel’s largest and most comprehensive cybersecurity and technology groups, and Palo Alto Networks® (Nasdaq: PANW), the global cybersecurity leader, are pleased to announce that on March 10, 2026, its subsidiary, Danet Communications Ltd., (80% owned), won Israel’s largest network security tender from a major Israeli customer. The project will supply cybersecurity and information security products and services from Palo Alto Networks to protect the customer’s critical network infrastructure in Israel. Danet partnered with Palo Alto Networks for the tender.

Ronen Shor, CEO of Accel Solutions Group, commented, “We view this win as an integral part of the group’s long-term strategy to deepen its activities in the fields of information security and infrastructure. Subject to receiving binding purchase orders, we estimate that the tender will contribute significantly to the growth of the group’s sales in the coming years. The win reflects strong confidence in the technological capabilities of Danet and the group, and we believe it will open additional opportunities for orders from other organizations in Israel in the field of network security products and services.”

Benny Falach, CEO of Danet Communications, commented, “As part of Danet Communications’ strategy to offer, supply and implement a comprehensive security platform for customers with critical infrastructure, I am proud that we were selected together with Palo Alto to deliver a full solution for protecting critical infrastructure. We are confident that the winning combination of Danet’s professional teams together with the security teams and platforms of Palo Alto will deliver significant value to the customer.”

Dudi Ilan, General Manager of Palo Alto Israel, commented, “We welcome the cooperation with Accel Group and wish our partners great success in this significant project. We see great importance in deploying Palo Alto Networks’ most advanced cybersecurity protection solutions to provide the highest-quality and most innovative protection for critical network infrastructure in Israel.”

The engagement period is three years, with an option for cumulative annual extensions of up to three additional years, for a total potential term of approximately six years. The exercise of the extension option is subject to the customer’s discretion.

As of the date of this press release, the company cannot accurately estimate the exact revenues that will be generated during the tender period. However, subject to receiving binding purchase orders, the company estimates that the total cumulative revenues during the entire tender period could be significant and may reach approximately NIS 250–500 Million, assuming full exercise of the extension option.

It should be noted that as of today, no binding purchase orders have been received for the supply of the above products and services, and therefore the above forecast is only an estimate and does not constitute a binding commitment by the customer.

The company believes that winning this tender is part of the group’s strategic direction and, subject to receiving binding orders, it is expected to contribute significantly to the growth of the group’s sales in the coming years and reflects confidence in the technological capabilities of Danet and the group. The company further believes that following this win, Danet may receive additional orders from other organizations in Israel for network security products and services.

About Accel Solutions Group

Accel Solutions Ltd. (TASE: ACCL) is a publicly listed Israeli technology group operating through a portfolio of specialized subsidiaries across cybersecurity, secure networking, cloud, and digital infrastructure. Accel delivers enterprise- and carrier-grade solutions to service providers, enterprises, and critical-infrastructure organizations, combining deep technological expertise with operational scale and global reach.

About Palo Alto Networks

Palo Alto Networks (NASDAQ: PANW), the global AI cybersecurity leader, protects our digital way of life with a comprehensive portfolio of cybersecurity solutions and platforms across Network, Cloud, Security Operations, AI and Identity. Trusted by 70,000+ customers and powered by Unit 42 threat intelligence, our AI-driven platforms eliminate complexity, empowering enterprises to modernize with confidence and securing the speed of innovation. Explore the future of security at www.paloaltonetworks.com .

Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States or in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current facts made in this press release may be forward-looking. We use words such as "anticipates," "believes," "continue," "estimate," "expects," "future," "intends," "may," "plan," and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements reflect management's current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons.

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