US regional service provider contract win

RNS Number : 9509J

Corero Network Security PLC

04 July 2017

 

4 July 2017

Corero Network Security plc

("Corero" or the "Company")

Corero US regional service provider customer contract win

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that its SmartWall^® Threat Defense System ("SmartWall") technology has been selected by a leading US regional service provider. 

The $0.3 million order follows a successful proof of concept trial. Corero will be delivering real-time DDoS detection and mitigation for the provider's transit and peering connections. The solution comprises multiple Corero SmartWall products, with supporting SecureWatch^® services for one year.

The customer is a US regional service provider with leadership fiber network capacity serving carrier, enterprise and data centre customers.

Corero's target market for its scalable SmartWall solution includes service providers and hosting providers, whose businesses are seeing strong growth from increased Internet connectivity and Cloud infrastructure demands from their customers. This in turn expands the business opportunity for offering DDoS protection services to their growing customer base. 

Ashley Stephenson, CEO of Corero, said:

"This additional customer win reinforces our claim that SmartWall is a leading DDoS mitigation solution designed to meet the needs of service providers.  We look forward to growing our commercial relationship with this provider as it expands its customer base."

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/Elise Palmer	[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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