RCS - Corero Network Sec. - New Partnership Agreements in Latin America

Corero Network SecurityAnnouncement

23/08/2024 07:00

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RNS Number : 4965B  Corero Network Security PLC  23 August 2024

23 August 2024

Corero Network Security plc

("Corero" or the "Company")

 

New Partnership Agreements in Latin America

 

New channel partnerships extend Latin American sales footprint, generating
first new customer win

 

Corero (https://www.corero.com/) (AIM: CNS)
(https://www.londonstockexchange.com/stock/CNS/corero-network-security-plc/company-page)
(OTCQB: DDOSF) (https://www.otcmarkets.com/stock/DDOSF/overview) , the
distributed denial of service ("DDoS") protection specialists, today announced
the signing of three new strategic partner agreements in Chile with NovaRed,
Vista Group International Ltd (VGL), and GreyMatter. These partnerships mark a
significant milestone in Corero's continued expansion and commitment to
strengthening its presence in the Latin American market.

 

In addition, the Company is pleased to announce it has already secured a new
contract with Netline, a leading Chilean telecommunications service provider
through its collaboration with GreyMatter.

 

About the Partnerships

 

·    Agreement with NovaRed, a leading cybersecurity company based in
Latin America which has a robust presence across several countries in the
region. Specialising in comprehensive cybersecurity services and solutions,
NovaRed is dedicated to protecting organisations from digital threats.

 

·    Partnership with VGL, a global leader in software solutions for the
film industry. The partnership further extends Corero's reach into the media
and entertainment sector, supporting robust cybersecurity measures within this
highly dynamic industry.

 

·    Agreement with GreyMatter, a Chilean technology company specialising
in digital transformation and software development, including custom software
and mobile app development. In partnership with GreyMatter, Corero has
immediately achieved a new customer win, securing a deal with leading Chilean
telecommunications service provider Netline which has selected Corero's
SmartWall ONE(TM) software solution to enhance its DDoS protection and
resilience in a rapidly evolving technological landscape.

 

Carl Herberger, Chief Executive Officer at Corero, commented:

 

"We are excited to welcome NovaRed, VGL, and GreyMatter as our partners in
Chile and are delighted to have already secured a contract with Netline, which
further expands our client base in the region. These new Partnerships, in
addition to our existing alliance with TechEnabler in Brazil, underscores our
commitment to aggressively expanding our Latin American presence, alongside
providing world-class DDoS protection and secure connectivity solutions across
the region."

 

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

 Stuart Andrews / Ben Robertson

 Vigo Consulting                                                 Tel: +44(0)20 7390 0230
 Jeremy Garcia / Kendall Hill
 corero@vigoconsulting.com (mailto:corero@vigoconsulting.com)

 

 

About Corero Network Security

 

Corero Network Security is a leading provider of DDoS protection solutions,
specializing 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 (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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