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Pin to quick picksCorero Network Regulatory News (CNS)

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“Partner-First” DDoS Strategy Update

26 Feb 2021 07:00

RNS Number : 4264Q
Corero Network Security PLC
26 February 2021
 

This is an RNS Reach announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance. RNS Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on RNS Reach.

 

26 February 2021

 

Corero Network Security plc

("Corero" or the "Company")

 

"Partner-First" DDoS Strategy Update

 

Corero Network Security plc (AIM: CNS), a leading provider of real-time, high-performance, automatic Distributed Denial of Service (DDoS) defense solutions, provides the following update on its "partner-first" go-to-market strategy with the announcement of several new partnerships in APAC, Latin America and the Caribbean, alongside ongoing enhancements to Corero's Partner Portal.

 

Building on the strong successful foundations established in 2020 with resale partners and distributors such as Kite, Telent, Axians Germany, enfoPoint, ECI Networks and Walker and Associates, Inc., Corero is pleased to announce it has added several new strategic partnerships with Datacipher and CDM in APAC, and CLA Direct in Latin America and the Caribbean.

 

With the continued rise in DDoS attacks during 2020 and 2021, these resale partners and distributors recognise that many of their customers within the Service and Hosting Provider space, along with Gaming, Financial Services and SaaS-based customers were in need of updating their network security requirements. Corero, with its leading-edge DDoS solution, will enable them to detect and mitigate a DDoS attack within seconds, not minutes, as some of their current solutions provide.

 

Lionel Chmilewsky, Corero's CEO, said:

 

"I am extremely pleased to see the continued traction within our existing partner community in 2020 and I only see that growing as we continue to add partners in new regions and markets in 2021. We are fully committed to increasing and supporting our sales and marketing initiatives to amplify global expansion via the channel."

 

 

Enquiries:

 

Corero Network Security plc

Lionel Chmilewsky, Chief Executive Officer

Neil Pritchard, Group Finance Director

 

Tel: +44(0)1895 876 382

Cenkos Securities plc

Tel: +44(0)20 7397 8900

Ben Jeynes - Corporate Finance

Alex Pollen - Sales

Vigo Communications

Tel: +44(0)20 7390 0230

Jeremy Garcia / Antonia Pollock

corero@vigocomms.com

 

About Corero Network Security

 

Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero's award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting. Corero's industry leading SmartWall and SecureWatch technology provides scalable protection capabilities against external DDoS attackers and internal DDoS botnets in the most complex edge and subscriber environments, while enabling a more cost-effective economic model than previously available. Corero's key operational centers located in Marlborough, Massachusetts, USA and Edinburgh, UK, with the Company's headquartered in Amersham, UK. The Company is also listed on the London Stock Exchange's AIM market under the ticker CNS. For more information, visit www.corero.com, and follow us on LinkedIn and Twitter.

 

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NRAKELFLFLLLBBV
Date   Source Headline
13th Jul 20207:00 amRNSH1 2020 Trading Update
26th Jun 20202:08 pmRNSSecond Price Monitoring Extn
26th Jun 20202:08 pmRNSPrice Monitoring Extension
18th Jun 20207:00 amRNSOver $1.5 million of new customer wins
17th Jun 20207:00 amRNSCancellation & Regrant & Grant of Share Options
11th Jun 202012:30 pmRNSResult of AGM
18th May 20207:00 amRNSNotice of AGM and Proposed Share Option Regrant
27th Apr 20207:00 amRNSAppointment of Chief Executive Officer & Group FD
21st Apr 202012:10 pmRNSPosting of Annual Report and Accounts
6th Apr 20207:00 amRNSFull year results
2nd Apr 20207:00 amRNS$2 million of additional customer wins secured
11th Mar 20207:00 amRNSNotice of Results
10th Mar 20207:00 amRNSDirectorate Change
3rd Feb 20207:00 amRNS$1.0 million of customer wins
21st Jan 20207:00 amRNSTrading Update
19th Dec 20197:00 amRNS$1.8 million of customer orders secured
13th Dec 20194:05 pmRNSHolding(s) in Company
13th Dec 20199:55 amRNSHolding(s) in Company
13th Dec 20199:53 amRNSDirector/PDMR Shareholding
13th Dec 20199:53 amRNSHolding(s) in Company
12th Dec 201911:40 amRNSResult of GM & Total Voting Rights
2nd Dec 20197:00 amRNSContracts secured worth over $1.1 million
25th Nov 20193:00 pmRNSPosting of Circular and Director's Subscription
25th Nov 20197:00 amRNSPlacing & Subscription & Notice of General Meeting
30th Oct 20197:00 amRNSOver $1.0 million of customer orders secured
30th Sep 20196:06 pmRNSHolding(s) in Company
25th Sep 20197:00 amRNSInterim Results
19th Aug 201910:18 amRNSHolding(s) in Company
16th Aug 20197:00 amRNSTrading Update
8th Jul 20197:00 amRNSContract Wins
12th Jun 20197:00 amRNSAppointment of Vice President Worldwide Sales
21st May 201911:18 amRNSResult of AGM
25th Apr 20197:00 amRNSPosting of Annual Report and Notice of AGM
11th Apr 20197:00 amRNSFull year results
2nd Apr 20197:00 amRNSFirst Juniper resale customer win
4th Mar 20197:00 amRNSNotice of Results
26th Feb 20197:00 amRNS$1.6 million of customer orders secured
7th Jan 20197:00 amRNSGrant of Options
3rd Jan 20197:01 amRNSDirectorate Changes
3rd Jan 20197:00 amRNSTrading Update
19th Dec 20187:00 amRNSCorero secures orders totalling over $1.0m
29th Oct 20182:18 pmRNSIssue of Equity
23rd Oct 20187:00 amRNSCustomer wins
22nd Oct 20187:00 amRNSGrant of Options
19th Oct 201812:06 pmRNSHolding(s) in Company
19th Oct 20188:58 amRNSHolding(s) in Company
19th Oct 20188:40 amRNSCompletion of Subscription and Total Voting Rights
15th Oct 20187:00 amRNS$2.0 million investment from Juniper Networks
26th Sep 20187:00 amRNSInterim results
25th Sep 20187:00 amRNSGlobal resale partnership with Juniper Networks

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