Contract Win

RNS Number : 2437K

Corero Network Security PLC

20 September 2016

 

20 September 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 cable operator.

The order, valued at over $0.2 million, is an initial deployment with additional orders anticipated in 2017. It follows a successful Proof of Concept trial and competitive procurement process. The cable operator is a leading service provider focused on the smaller cities and towns in the United States serving both consumers and businesses with communication and entertainment services.

The solution comprises multiple Corero SmartWall TDS products, with supporting SecureWatch^® services for one year.

Ashley Stephenson, CEO of Corero, said:

"This contract win builds on our recent successes with service 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

 

END

 

 

CNTUKOVRNOAKAAR