SmartWall Service Portal Development

Corero Network Security PLC

20 June 2024

 

20 June 2024

Corero Network Security plc

("Corero" or the "Company")

SmartWall Service Portal Development

Corero (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service ("DDoS") protection specialists, announces significant enhancements to its SmartWall Service Portal aimed at strengthening the client retention and attraction capabilities of both the Company's clients and their customers.

The introduction of new features, including executive reports and tenant prospecting, is designed to augment the Company's existing DDoS protection-as-a-service offering, and will support Corero's service and hosting provider clients seeking to differentiate their services and drive revenue growth.

In addition to further bolstering the DDoS security capabilities of Corero's clients, the enhancements will enable Corero's clients to identify and capitalise on an increased number of upselling opportunities by offering the Company's upgraded DDoS protection solutions to the clients' own customers, in turn generating potential new revenue streams for the clients.

Executive reports, one of the new features rolled out by Corero, provide real-time, automated insights into the effectiveness of DDoS protection investments, enhancing transparency and building stakeholder trust. Additionally, tenant prospecting enables providers to target unsubscribed customers who could benefit from additional protection, streamlining the process of expanding service offerings and facilitating customer retention.

Carl Herberger, CEO of Corero, commented:

"Improving our already robust DDoS service offering underpins our wider growth strategy and enables us to build on our rapid new client momentum, with more and more companies - including leading service and hosting providers - turning to Corero for highly advanced DDoS protection."

Directly benefitting both Corero and our clients, these new Service Portal enhancements make it even easier for providers to identify those in need of protection, provide tangible evidence, and foster goodwill with their customers, turning security into a competitive edge."

Enquiries:

Corero Network Security plc	Tel: [phone]
Carl Herberger, Chief Executive Officer
Phil Richards, Chief Financial Officer
Canaccord Genuity Limited (Nominated Adviser and Joint Broker)	Tel: [phone]
Simon Bridges / Andrew Potts / Harry Rees
Zeus Capital (Joint Broker)
Stuart Andrews / Alice Lane	Tel: [phone]

Vigo Consulting	Tel: [phone]
Jeremy Garcia / Kendall Hill
[e-mail]

About Corero Network Security

Corero Network Security is a leading provider of DDoS protection solutions, specialising in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centres in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB market (OTCQB: DDOSF).

For more information, visit www.corero.com, and follow us on LinkedIn and X (Twitter).

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