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Pin to quick picksCorero Network Regulatory News (CNS)

Share Price Information for Corero Network (CNS)

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Significant Contract Win

22 Sep 2015 07:00

RNS Number : 7297Z
Corero Network Security PLC
22 September 2015
 

22 September 2015

Corero Network Security plc

("Corero" or the "Company")

 

Significant Contract Win

 

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce a major SmartWall® Threat Defense System ("SmartWall TDS") sale to a regional US service provider.

 

The order, valued at $0.7 million, provides protection against Distributed Denial of Service ("DDoS") attacks for the entire service provider's network, safeguarding both its infrastructure and its customers. The solution comprises multiple Corero SmartWall TDS appliances, deployed to protect more than 200G of connectivity and provide real-time DDoS attack mitigation, and SecureWatch® services for a one-year period.

 

The contract was secured following a successful Proof of Concept process.

 

Ashley Stephenson, CEO of Corero, commented: "Service providers are increasingly seeing the value of the Corero approach to solving DDoS challenges through 'always on', automatic threat protection and visibility as opposed to legacy monitoring and on-demand scrubbing solutions requiring manual intervention."

 

Enquiries:

 

Corero Network Security plc

Andrew Miller, CFO and Chief Operating Officer

Tel: 01895 876382

FinnCap

Stuart Andrews/Carl Holmes (corporate finance)

Tel: 020 7220 0500

Stephen Norcross (corporate broking)

Redleaf Communications

Tel: 020 7382 4747

Rebecca Sanders-Hewett/David Ison/Susie Hudson

cns@redleafpr.com

 

About Corero Network Security

 

Corero Network Security, an organization's First Line of Defense® against Distributed Denial of Service (DDoS) attacks and cyber threats, provide enterprises and service providers with an additional layer of security capable of inspecting and analysing Internet traffic and mitigating attacks. Corero products and services enhance existing security architecture with a scalable, flexible and responsive defence against DDoS attacks and cyber threats before they reach the targeted IT infrastructure, allowing online services to perform as intended. The Corero First Line of Defense® product family includes the Corero SmartWall® Threat Defense System (TDS) allowing for modular, highly scalable network visibility and DDoS defence for the Internet Service Provider, Datacentre and Hosting Provider, as well as the Large Enterprise.

 

For more information about how Corero solutions are eliminating the DDoS challenge for organisations across the globe, visit www.corero.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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