REG - Corero Network Sec. - Contract Win <Origin Href="QuoteRef">CNSP.L</Origin>

Corero Network SecurityAnnouncement

23/05/2016 07:05

RNS Number : 9393Y
Corero Network Security PLC
23 May 2016
23 May 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 mobile network operator.
The order, valued at over $0.3 million, follows a successful Proof of Concept trial. The mobile network operator is a regional wireless communications service provider to both consumers and businesses, and has a reputation as one of the top technology innovators in the US telecommunications market.
The solution comprises multiple Corero SmartWall TDS products, with supporting SecureWatch services for one year, which will enable the operator to not only protect its infrastructure from DDoS attacks but to also offer DDoS Protection as a Service to its growing customer base.
Ashley Stephenson, CEO of Corero, said:
"Mobile network operators are an emerging market for Corero. With the demand for next generation wireless services growing from both consumer and business users, mobile networks are increasingly vulnerable to the damaging impact of DDoS threats. Mobile operators must be proactive in their deployment of DDoS defence mechanisms.
"This contract win builds on our recent successes with Internet service providers and hosting 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: 01895 876 382


Cenkos Securities plc
Tel: 020 7397 8900
Bobbie Hilliam - NOMAD
Alex Aylen - Corporate Broking



Redleaf Communications
Tel: 020 7382 4747
Rebecca Sanders-Hewett/David Ison/Susie Hudson
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 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

This information is provided by RNS
The company news service from the London Stock Exchange
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