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Tier 1 Internet Service Provider Contract Win

10 Dec 2015 07:00

RNS Number : 5844I
Corero Network Security PLC
10 December 2015
 

10 December 2015

Corero Network Security plc

("Corero" or the "Company")

 

North American Tier 1 Internet Service Provider Contract Win

 

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce its first order for the SmartWall® Threat Defense System ("SmartWall TDS") from a North American Tier 1 Internet Service Provider ("ISP") *.

 

This Tier 1 ISP order represents an initial buy of four SmartWall TDS' appliances for in-line real-time DDoS protection, with the prospect of significant follow on business in the next 12 to 18 months. The order was secured following a successful Proof of Concept process.

 

As previously announced, SmartWall TDS trials are being conducted by several of the top 10 US ISPs. The market will be updated with developments at the appropriate time.

 

* An ISP is an entity that provides (usually sells) access to the global Internet. Tier 1 ISPs are generally the largest Internet service providers in a particular geographic region that have access to the Internet via free and reciprocal peering agreements.

 

Ashley Stephenson, CEO of Corero, commented:

 

"Corero's first Tier 1 ISP order is a significant milestone for the Company and is further validation of the SmartWall TDS product. The service provider market for real-time and automatic DDoS mitigation solutions is growing fast, driven by the increasing demand from their customers for DDoS protection as a service, and we look forward to capitalising on this opportunity."

 

Enquiries:

 

Corero Network Security plc

Andrew Miller, Chief Financial 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
 
 
CNTLLFETFTLAIIE
Date   Source Headline
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
18th Dec 20064:24 pmPRNDirector/PDMR Shareholding
13th Dec 20064:26 pmPRNDirector/PDMR Shareholding

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