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

Corero Network SecurityAnnouncement

01/11/2017 07:01

RNS Number : 1547V
Corero Network Security PLC
01 November 2017
1 November 2017
Corero Network Security plc
("Corero" or the "Company")
Corero material SmartWall support and managed services contract renewal 
Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce the renewal of a contract, worth over $200,000, from a significant early adopter of SmartWall Threat Defense ("SmartWall") customer. 
This is the third consecutive year that the Digital Enterprise customer ("the Customer") has renewed its contract, which is testament to the effectiveness of its real-time DDoS mitigation software. 
The agreement will see Corero supply support and SecureWatch managed security services for the Customer's SmartWall installation, which provides always-on real-time DDoS mitigation to ensure that its on-line business and revenue is not impacted by damaging DDoS attacks. 
Andrew Lloyd, Corero President and EVP Sales and Marketing, said:
"This important renewal demonstrates the exceptionally high levels of customer satisfaction across our growing customer base with Corero delivering world class subscription and support renewal rates." 
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

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