Contract Win

RNS Number : 9393Y

Corero Network Security PLC

23 May 2016

 

23 May 2016

Corero Network Security plc

("Corero" or the "Company")

Contract Win

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce the first order for its SmartWall^® Threat Defense System ("SmartWall TDS") from a top ten US mobile network operator.

The order, valued at over $0.3 million, follows a successful Proof of Concept trial. The mobile network operator is a regional wireless communications service provider to both consumers and businesses, and has a reputation as one of the top technology innovators in the US telecommunications market.

The solution comprises multiple Corero SmartWall TDS products, with supporting SecureWatch^® services for one year, which will enable the operator to not only protect its infrastructure from DDoS attacks but to also offer DDoS Protection as a Service to its growing customer base.

Ashley Stephenson, CEO of Corero, said:

"Mobile network operators are an emerging market for Corero. With the demand for next generation wireless services growing from both consumer and business users, mobile networks are increasingly vulnerable to the damaging impact of DDoS threats. Mobile operators must be proactive in their deployment of DDoS defence mechanisms. 

"This contract win builds on our recent successes with Internet service providers and hosting providers in the US and Europe.  SmartWall TDS continues to prove its market leading capabilities in automatic, in-line, real time DDoS protection."

Enquiries:

Corero Network Security plc
Andrew Miller, CFO		Tel: [phone]
Cenkos Securities plc		Tel: [phone]
Bobbie Hilliam - NOMAD Alex Aylen - Corporate Broking
Redleaf Communications		Tel: [phone]
Rebecca Sanders-Hewett/David Ison/Susie Hudson	[e-mail]

About Corero Network Security

Corero Network Security is the leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and online enterprises rely on Corero's award winning technology to eliminate the DDoS threat to their environment through automatic attack detection and mitigation, coupled with complete network visibility, analytics and reporting. This next-generation technology provides a First Line of Defense® against DDoS attacks in the most complex environments while enabling a more cost effective economic model than previously available. For more information, visit www.corero.com

 

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