Corero Network Security Ltd - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Reports significant order momentum from both new and existing customers for its market-leading SmartWall DDoS protection solution and services in its second quarter. The company records orders totalling USD6.0 million, with an average value of USD597,000 per customer, over the contracts. This includes a new customer, a global cloud DDoS Protection service provider, that provided Corero with a seven-figure order; its single largest software order to date.
Executive Chair Jens Montanana says: "We are pleased to report strong customer momentum across the second quarter, including two of Corero's largest software subscription licence sales to date.
"Our enhanced business momentum gives us confidence for the second half of the year as we expand our routes to market."
Current trading share: 6.50 pence, up 13%
12-month change: down 43%
By Will Neill, Alliance News reporter
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Corero Network (CNS)