RCS - Corero Network Sec. - Partnership Agreement <Origin Href="QuoteRef">CNSP.L</Origin>

Corero Network SecurityAnnouncement

11/10/2017 07:01

RNS Number : 2476T
Corero Network Security PLC
11 October 2017
11 October 2017
Corero Network Security plc
("Corero" or the "Company")
Corero Expands Go To Market Partnerships for Digital Enterprises 
Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that it has signed a resell partnership agreement with a leading US based global cloud DDoS service provider ("the Partner"). 
The agreement will see Corero supply its award-winning SmartWall Threat Defense System ("SmartWall") technology to customers of the Partner seeking hybrid on-premises and cloud DDoS mitigation solutions. 
This is in line with the Company's strategy to accelerate revenue growth by partnering with go-to-market partners.
An increasing number of digital enterprises are seeking always-on real-time DDoS mitigation solutions to augment on-demand cloud DDoS services in response to the rampant growth of commercial and industrial cybercrime.
Corero's SmartWall has been proven to mitigate DDoS attacks in seconds in contrast to traditional approaches which may take up to tens of minutes to respond.
Ashley Stephenson, Corero CEO, said:
"We continue to deliver on our strategy of recruiting go-to-market partners. This new relationship provides Corero with greater access to digital enterprise customers through our new Partner's significant market presence. Additionally, this relationship is yet another third party endorsement of the industry leading capabilities of our SmartWall product. We look forward to further expanding our growing enterprise customer base by building upon this additional route to market." 
Enquiries:
Corero Network Security plc

Andrew Miller, CFO
Tel: 01895 876 382


Cenkos Securities plc
Tel: 020 7397 8900
Mark Connelly/Bobbie Hilliam - NOMAD
Michael Johnson - Corporate Broking



Redleaf Communications
Tel: 020 7382 4747
Elisabeth Cowell/Robin Tozer/Ian Silvera
cns@redleafpr.com

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 industry leading technology provides cost effective, scalable protection capabilities against DDoS attacks in the most complex environments while enabling a more cost effective economic model than previously available. For more information, visitwww.corero.com

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