Contract Wins

RNS Number : 4125L

Corero Network Security PLC

03 October 2016

 

3 October 2016

Corero Network Security plc

("Corero" or the "Company")

Contract Wins

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce three customer orders for its SmartWall^® Threat Defense System ("SmartWall TDS") from leading European companies in the online gaming and gambling market.

The orders, with an aggregate value of over $0.6 million, follow successful Proof of Concept trials and competitive procurement processes. These customer solutions each comprise multiple Corero SmartWall TDS products, with supporting SecureWatch^® services for one year.

Ashley Stephenson, CEO of Corero, said:

"These multiple customer wins add to Corero's credentials as a leading provider of DDoS protection to the rapidly growing online gaming and gambling market."

"SmartWall TDS is beating the competition with breakthrough capabilities in automatic, in-line, real time DDoS protection. We look forward to announcing continuing deal momentum in the coming months as the SmartWall TDS customer base grows across our target markets."

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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