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Pin to quick picksCorero Network Regulatory News (CNS)

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Significant Contract Wins

3 Jan 2018 07:00

RNS Number : 7807A
Corero Network Security PLC
03 January 2018
 

3 January 2018

Corero Network Security plc

("Corero" or the "Company")

 

Corero Network Security First 100Gbps SmartWall Deals Worth $400,000

 

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that its SmartWall® Threat Defense System ("SmartWall") 100Gbps technology has been selected by two North American customers, a service provider and a hosting provider ("Customers"), to deliver real-time DDoS protection to their respective end-customers.

 

The combined customer orders are worth in excess of $400,000 for SmartWall products and related one-year support services.

 

Earlier this year, Corero launched its Intel®-based 100Gbps appliance, following a two year development investment led by its Edinburgh software development team. The 100Gbps product (the SmartWall NTD1100) extends Corero's real-time DDoS mitigation leadership position by delivering line-rate protection at 100Gbps. The SmartWall NTD1100 complements Corero's 10Gbps product (the SmartWall NTD120). All SmartWall products share a common management and data analytics platform ensuring efficient management and consistent protection across a customer's network.

 

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

 

"These customer wins mark an important milestone for our SmartWall product. We see growing adoption of 100Gbps connections, which in turn is driving demand for our SmartWall NTD1100 product.

 

"We expect this demand for our unique technology to accelerate in 2018 as these faster 100Gbps links combined with increasing end-user service-level expectations require a DDoS mitigation technology refresh. Corero is well placed to service these needs and to benefit from this trend."

 

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 - Sales

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
 
 
CNTLLFSALRIFIIT
Date   Source Headline
25th Apr 20247:00 amRNSStrong Start to 2024 Securing Orders of >$8million
18th Apr 20247:05 amRNSCorero launches DDoS cloud-backup service
17th Apr 20247:00 amRNSDirectorate Change
11th Apr 20247:00 amRNS$1.8m Contract Win & Incumbent Replacement
3rd Apr 20247:00 amRNSSignificant $2m+ Contract Renewal and Expansion
27th Mar 20247:00 amRNSFinal Results
21st Mar 20247:07 amRNSLaunch of Corero DDoS Intelligence Service
11th Mar 20247:00 amRNSNotice of Results & Investor Presentation
7th Mar 20249:24 amRNSExpansion of Strategic Partnership with Ingecom
29th Feb 202412:00 pmRNSCorero Commences Trading on the US OTCQB Market
21st Feb 20247:00 amRNSCreation of Strategic Latin American Partnership
15th Feb 202410:15 amRNSExercise of Options, PDMR Dealing and TVR
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21st Sep 20237:01 amRNSDirectorate Change
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5th Sep 20237:00 amRNSNotice of Results & Investor Presentation
13th Jul 20237:00 amRNSHalf Year Trading Update
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20th Jun 20235:11 pmRNSResult of AGM
30th May 20237:00 amRNSExercise of Options and Total Voting Rights
17th May 20237:00 amRNSAnnual DDoS Threat Intelligence Report
15th May 20237:00 amRNSBlocklisting Return
9th May 20234:18 pmRNSAnnual Report and Accounts Posting & Notice of AGM
26th Apr 20236:25 pmRNSDirector shareholding
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30th Mar 20237:00 amRNSNotice of Results & Investor Presentation
29th Mar 20235:35 pmRNSHolding(s) in Company
15th Feb 20237:00 amRNSDirectorate Change
3rd Feb 20239:31 amRNSHolding(s) in Company
3rd Feb 20239:30 amRNSHolding(s) in Company
17th Jan 20237:00 amRNSTrading Update
16th Dec 20227:00 amRNSHolding(s) in Company
7th Dec 20229:05 amRNSExercise of Options and Total Voting Rights
5th Dec 20223:09 pmRNSHolding(s) in Company
14th Nov 20227:00 amRNSBlocklisting Return
28th Oct 20227:00 amRNSDirectorate Change
26th Oct 20222:21 pmRNSExercise of Options and Total Voting Rights
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21st Oct 20227:00 amRNSExpansion of DDoS Integration - PTX Series Routers
10th Oct 20222:15 pmRNSExercise of Options and Total Voting Rights
20th Sep 20226:04 pmRNSHolding(s) in Company

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