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

Corero Network SecurityAnnouncement

10/10/2016 07:05

RNS Number : 0824M
Corero Network Security PLC
10 October 2016
10 October 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 an order for its SmartWall Threat Defense System ("SmartWall TDS") from a US-based web hosting services provider.
Valued at $0.3 million, the order follows a successful Proof of Concept trial during which Corero was able to demonstrate the effectiveness of automatic, in-line, real-time DDoS protection for this customer's web and business communication servicesbusiness. The solution comprises multiple Corero SmartWall TDS products deployed in the customer's global data centres, with supporting SecureWatch services for one year. 
Ashley Stephenson, CEO of Corero, said:
"There is growing demand in the hosting and communications provider market for DDoS protection. 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
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