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Pin to quick picksCorero Network Share News (CNS)

Share Price Information for Corero Network (CNS)

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Share Price: 13.50
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Corero Secures USD700,000 SmartWall Threat Defense System Order

Wed, 06th Jan 2016 07:51

LONDON (Alliance News) - AIM-listed Corero Network Security PLC said Wednesday it has secured a USD700,000 order for its SmartWall Threat Defense System product from an undisclosed European internet service provider.

Under the order Corero will provide protection against distributed denial of service attacks, a form of hack that makes on online service unavailable by overwhelming it with traffic from multiple sources, as a service for one of the ISP's "high profile" customers.

"This order is truly a landmark deal for Corero, representing the company's first entry into the European Tier 1 ISP market and its largest SmartWall sales order to date," said Chief Executive Officer Ashley Stephenson in a statement.

"This is not a trial or Proof of Concept but a fully operational DDoS protection service, managed by the provider on behalf of its customer. We look forward to pursuing additional DDoS protection service deployments with this Tier 1 provider and other leading ISP's across Europe," Stephenson added.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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