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RNS Number : 4334D Corero Network Security PLC 03 April 2025
3 April 2025
Corero Network Security plc
("Corero" or the "Company")
Corero Expands TechEnabler Partnership
- Corero further strengthens Latin America presence with key
partnership extension alongside additional recent contract wins in the region
Corero (https://www.corero.com/) (AIM: CNS)
(https://www.londonstockexchange.com/stock/CNS/corero-network-security-plc/company-page)
(OTCQX: DDOSF) (https://www.otcmarkets.com/stock/DDOSF/overview) , the
distributed denial of service ("DDoS") protection specialists, today announced
a $0.6 million expansion of its partnership with TechEnabler, a leading
technology service provider in Brazil. The agreement expands the existing DDoS
Protection-as-a-Service ('DDPaaS') contract and extends the partnership for an
additional year.
The contract expansion upgrades the existing Corero SmartWall ONE(TM) solution
to now include the new 400G platform across the TechEnabler network,
delivering enhanced managed security solutions to its growing customer base
across Latin America.
In addition to TechEnabler, Corero has recently signed a new contract with
DigitalnetBR as well as the previously announced Forte Telecom contract within
the region. These contract wins highlight Corero's commitment to equipping
regional customers with high-performance, real-time DDoS defence technology
tailored for complex network environments.
Carl Herberger, Chief Executive Officer at Corero, commented:
"TechEnabler is a forward-thinking provider, and this partnership has already
enabled us to expand our footprint in Latin America with a strong,
service-driven business.
This contract expansion underscores the demand for next-generation solutions
amid an increasingly complex DDoS threat landscape and further demonstrates
Corero's ability to innovate at the forefront of these technology changes.
With the roll-out of our 400G platform in Latin America, Corero continues to
open up new commercial opportunities by increasing our competitiveness in the
DDoS defence market."
Enquiries:
Corero Network Security plc Tel: +44(0)20 7390 0230
Carl Herberger, Chief Executive Officer
Chris Goulden, Chief Financial Officer
Canaccord Genuity Limited (Nominated Adviser and Joint Broker) Tel: +44(0)20 7523 8000
Simon Bridges / Andrew Potts / Harry Rees
Zeus Capital (Joint Broker) Tel: +44(0)20 3829 5000
Ben Robertson / Alexandra Campbell-Harris
Vigo Consulting (Financial PR and Investor Relations) Tel: +44(0)20 7390 0230
Jeremy Garcia / Kendall Hill / Anna Sutton
corero@vigoconsulting.com (mailto:corero@vigoconsulting.com)
Harbor Access (Investor Relations) Tel: +1 475 477 9401
Jonathan Paterson
About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions,
delivering real-time, automated detection and mitigation with deep network
visibility and analytics. Corero safeguards critical infrastructure across
diverse deployment models-from inline to edge to hybrid cloud-and is currently
developing CORE, an observability and resiliency ecosystem to unify defensive
actions across the modern threat landscape. 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 OTCQX Market (OTCQX: DDOSF).
For more information, visit www.corero.com (http://www.corero.com/) , and
follow us on LinkedIn (https://www.linkedin.com/company/corero/) and X
(https://twitter.com/Corero) .
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