REG - Corero Network Sec. - US Federal Government contract win <Origin Href="QuoteRef">CNSP.L</Origin>

Corero Network SecurityAnnouncement

28/06/2017 07:06

RNS Number : 3561J
Corero Network Security PLC
28 June 2017
28 June 2017
Corero Network Security plc
("Corero" or the "Company")
Corero expands into US Federal Government with $0.4m contract win
Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that its SmartWall Threat Defense System ("SmartWall") technology has been selected to protect a high profile US Federal Government agency.
The $0.4 million order provides DDoS mitigation capacity for a number of the agency's sites delivering up to 200Gbps of always-on protection. The solution comprises multiple Corero SmartWall products, with supporting SecureWatch services for one year.
With growing awareness of the threat posed by short duration DDoS attacks, Corero's target market for its scalable SmartWall solution is expanding beyond service providers and hosting providers to include increasing numbers of digital enterprises and government departments seeking always-on DDoS mitigation technologies. Corero's SmartWall has been proven to excel in these demanding environments; mitigating in seconds in contrast to traditional approaches which can take tens of minutes to respond.
Ashley Stephenson, CEO of Corero, said:
"We are delighted to welcome the US Federal Government as a Corero customer. This purchase follows a demanding trial period in which our SmartWall product successfully provided real-time DDoS protection across notable national projects run by the agency concerned, defeating several significant attacks."
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/Elise Palmer
 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

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