Corero Network Regulatory News (CNS)

3 Jul 2007 07:01

Corero PLC03 July 2007 Corero plc ("Corero" or the "Company") Contract win "Corero is pleased to announce the receipt of a number of orders in excess of£270,000 from a major investment banking customer. The order includes a licencefor a module of Radica CAPS which forms part of the delayed order referred to inprevious announcements by the company. It will be deployed by the customer inLondon and Singapore to support the processing of its European and Asiancorporate actions and income events. In addition to the licence, the orders arefor professional services and maintenance for the next four years. A significantportion of this revenue will fall in the first half of the Company's financialyear. Corero believes that further significant orders for licences and serviceswill be received during the second half of the year." 3 July 2007 ENQUIRIES: Corero plcJarlath McGee/Ian Selby Tel:0207 392 1300 John East & Partners LimitedJohn East/Simon Clements Tel: 020 7628 2200 College HillMatthew Smallwood/Jamie Ramsay Tel: 020 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange