REG - Corero Network Sec. - $1.8 million of customer orders secured

Corero Network SecurityAnnouncement

19/12/2019 07:05

RNS Number : 4029X
Corero Network Security PLC
19 December 2019
 


19 December 2019
Corero Network Security plc
("Corero" or the "Company")
 
$1.8 million of customer orders secured
Strong customer traction achieved across Corero's product portfolio
 
Corero Network Security plc (AIM: CNS), the network security company, is pleased to announce additional SmartWall DDoS protection product orders from both existing customers and a new US research university Juniper SmartWall software subscription customer, totaling $1.8 million over the course of the contracts.
 
The additional orders from existing customers highlighted above are as follows:
 
·    a global cloud security provider who will deploy additional SmartWall 10Gbps products at a number of its sites with a supporting three-year contract for SecureWatch® services, in order to ensure it is protected from DDoS attacks as the business continues to grow;
 
·    a SaaS customer for SmartWall 10Gbps solutions with a supporting three-year contract for SecureWatch® services, forming part of the customer's ongoing global deployment of SmartWall;
 
·    a US regional service provider for SmartWall 100Gbps solutions for its ongoing upgrade to 100Gbps connectivity, with a one-year contract for SecureWatch® services; and
 
·    a long-standing US regional service provider for SmartWall 10Gbps solutions with a two-year contract for SecureWatch® services.
 
Ashley Stephenson, Corero CEO, said:
 
"We are pleased to have secured another new customer with Juniper for the Corero SmartWall technology.  In parallel, to have added further SmartWall business from our existing customers as their businesses grow, continues to contribute to our strong momentum."
 
Enquiries:
 



Corero Network Security plc








Andrew Miller, CFO


Tel: 01895 876 382














Cenkos Securities plc


Tel: 020 7397 8900




Ben Jeynes / Mark Connelly - NOMAD
Michael Johnson - Sales


















Vigo Communications


Tel: 020 7390 0230




Jeremy Garcia / Ben Simons /Antonia Pollock
corero@vigocomms.com












 
About Corero Network Security
 
Corero Network Security is a leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and digital 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, visit www.corero.com
 
The information contained within this announcement was deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 prior to release of this announcement. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
 
 




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