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Significant Contract Win

14 Dec 2017 07:00

RNS Number : 2950Z
Corero Network Security PLC
14 December 2017
 

14 December 2017

Corero Network Security plc

("Corero" or the "Company")

 

Corero Network Security Selected to Power New Cyber Security Service to be Launched by Leading Internet Service Provider

 

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that its SmartWall® Threat Defense System ("SmartWall") technology has been selected to power a new 'DDoS Mitigation' service which is being launched by a leading North American regional Internet service provider ("the Provider").

 

This $300,000 competitor displacement order follows a successful proof-of-concept trial which saw the advanced capabilities of the SmartWall solution recognised in comparison to the Provider's existing technology provider.

 

The Corero SmartWall solution mitigates DDoS attacks in real-time, unlike many of its competitors which can take up to 20 minutes or more to detect and successfully defeat an attack.

 

The Provider's 'DDoS Mitigation' security service will protect its customers from malicious DDoS traffic launched from across the Internet, further supporting the Provider's initiatives for competitive differentiation and customer satisfaction.

 

The Provider will use a range of Corero SmartWall products as well as:

 

· SecureWatch® services (one year contract) - provides customers with support and maintenance of the SmartWall software and access to DDoS attack forensics and analytics, and

 

· Corero Service Portal - a portal which enables providers to onboard customers, assign DDoS protection service levels and view attack dashboards for each customer to whom the service is provided. Protected customers can login to their own view, to access traffic and DDoS attack reporting and analytics, and understand the value of the DDoS protection they are receiving.

 

SmartWall enables providers to expand their suite of services and increase per customer service revenues.

 

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

 

"This customer win reinforces our claim that SmartWall is the leading real-time DDoS mitigation solution. The order is also another example of SmartWall being deployed at a provider whose core network is built on Juniper Networks routing and switching network technology. We are also particularly pleased to be working with a service provider who, like Corero, prides itself on customer delight."

 

Enquiries:

 

Corero Network Security plc

Andrew Miller, CFO

Tel: 01895 876 382

Cenkos Securities plc

Tel: 020 7397 8900

Mark Connelly/Bobbie Hilliam - NOMAD

Michael Johnson - Corporate Broking

Redleaf Communications

Tel: 020 7382 4747

Elisabeth Cowell/Robin Tozer/Ian Silvera

cns@redleafpr.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 company news service from the London Stock Exchange
 
END
 
 
CNTFFWFADFWSEEE
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
11th May 20107:00 amRNSContract Win
21st Apr 20107:00 amRNSContract Win
30th Mar 20107:00 amPRNHolding(s) in Company
26th Mar 20107:00 amPRNFinal Results
19th Mar 20107:00 amRNSContract Win
26th Jan 20107:00 amPRNTrading Statement
16th Oct 20097:00 amPRNMajor Contract Extension
15th Oct 20097:01 amPRNNOMAD Change of Name
18th Sep 20091:39 pmPRNDirector/PDMR Shareholding
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
21st May 20083:33 pmRNSResults of Meeting
19th May 20082:02 pmPRNDirectorate Change
31st Mar 200811:58 amPRNGrant of Options
25th Mar 20085:09 pmPRNDirector/PDMR Shareholding
20th Mar 20087:00 amPRNFinal Results
23rd Nov 20074:24 pmPRNDirector/PDMR Shareholding
23rd Nov 20077:00 amPRNTrading Statement and Board Changes
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
14th Aug 20077:01 amRNSContract Win
10th Aug 20073:39 pmPRNAIM Rule 26
2nd Aug 20077:02 amRNSContract Wins
27th Jul 200712:52 pmPRNDirector/PDMR Shareholding
26th Jul 20077:00 amPRNDirectorate Change and Trading Update
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
25th Apr 20073:47 pmPRNHolding(s) in Company
24th Apr 200710:02 amPRNHolding(s) in Company
23rd Apr 20073:23 pmPRNHolding(s) in Company
3rd Apr 20075:25 pmPRNIssue of Equity
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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