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Customer Win

4 Jun 2018 07:00

RNS Number : 0977Q
Corero Network Security PLC
04 June 2018
 

4 June 2018

Corero Network Security plc

("Corero" or the "Company")

 

CUSTOMER WIN

 

Digital enterprise customer order $0.7 million

 

Corero Network Security plc (AIM: CNS), the global network security company, is pleased to announce a $0.7m order for its SmartWall® Threat Defense System ("SmartWall") technology from an existing digital enterprise customer.

 

The order is part of this customer's ongoing deployment and includes multiple SmartWall products with supporting SecureWatch® services for three years. Corero has generated orders of $1.0m from this customer in 2018 (orders which the Company reported in the Trading Update dated 21 December 2017 were delayed to 2018).

 

Further additional orders are expected in the second half of 2018 as part of the customer's ongoing global expansion and SmartWall deployment plan.

 

Andrew Lloyd, Corero President and EVP Sales and Marketing, said:

 

"The delivery of real-time DDoS protection is fast becoming the critical component in the defence against large scale cyber breaches and this expansion order provides further confirmation that SmartWall and our SecureWatch service combine to deliver on our protection promise.

 

With many digital enterprise organisations now adopting a zero tolerance approach for any degraded performance or service downtime from a DDoS attack, the resulting potential loss of revenue, reputation or regulatory breach continues to fuel our new business momentum."

 

Enquiries:

 

Corero Network Security plc

 

Andrew Miller, CFO

Tel: 01895 876 382

 

 

Cenkos Securities plc

Tel: 020 7397 8900

Mark Connelly - NOMAD

Michael Johnson - Sales

 

 

 

Vigo Communications

Tel: 020 7830 9703

Jeremy Garcia / Ben Simons

corero@vigocomms.com

   

 

About Corero Network Security

 

Corero Network Security is the leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and digital 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 industry leading technology provides cost effective, scalable protection capabilities 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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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MSCUAVVRWAANRAR
Date   Source Headline
14th Jul 20107:19 amPRNDisposal, fund raising and directorate change
12th Jul 20107:00 amPRNAdviser - Change of Name
19th May 20102:41 pmPRNResult of AGM
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21st Apr 20107:00 amRNSContract Win
30th Mar 20107:00 amPRNHolding(s) in Company
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15th Oct 20097:01 amPRNNOMAD Change of Name
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17th Sep 20097:00 amPRNHalf-yearly Report
30th Jun 20094:03 pmPRNTotal Voting Rights
29th Jun 20093:27 pmPRNResult of Meeting
4th Jun 20097:00 amPRNAmendment to the CULS and Capital Reorganisation
26th Mar 20097:00 amPRNFinal Results
20th Jan 20097:00 amPRNTrading Statement
8th Aug 20087:00 amPRNHalf-yearly Report
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6th Nov 200710:52 amPRNHolding(s) in Company
6th Nov 20077:01 amRNSNew Contract for Blue Curve
27th Sep 20077:01 amRNSInterim Results
24th Sep 200710:30 amPRNChange of Registered Office
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10th Aug 20073:39 pmPRNAIM Rule 26
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27th Jul 200712:52 pmPRNDirector/PDMR Shareholding
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9th Jul 20074:35 pmPRNHolding(s) in Company
3rd Jul 20077:01 amRNSContract win
24th May 20072:50 pmPRNResult of AGM
30th Apr 20073:57 pmPRNTotal Voting Rights
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29th Mar 20077:01 amRNSFinal Results
27th Feb 200710:59 amPRNResult of EGM
2nd Feb 20073:34 pmRNSFurther re Change of Name
18th Jan 20077:01 amRNSChange of Name
12th Jan 20079:41 amPRNHolding(s) in Company
3rd Jan 20077:00 amRNSContracts, Trading Update
22nd Dec 200610:41 amPRNTotal Voting Rights

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