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Pin to quick picksCorero Network Regulatory News (CNS)

Share Price Information for Corero Network (CNS)

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US Federal Government contract win

28 Jun 2017 07:00

RNS Number : 3561J
Corero Network Security PLC
28 June 2017
 

28 June 2017

Corero Network Security plc

("Corero" or the "Company")

 

Corero expands into US Federal Government with $0.4m contract win

 

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 protect a high profile US Federal Government agency.

 

The $0.4 million order provides DDoS mitigation capacity for a number of the agency's sites delivering up to 200Gbps of always-on protection. The solution comprises multiple Corero SmartWall products, with supporting SecureWatch® services for one year.

 

With growing awareness of the threat posed by short duration DDoS attacks, Corero's target market for its scalable SmartWall solution is expanding beyond service providers and hosting providers to include increasing numbers of digital enterprises and government departments seeking always-on DDoS mitigation technologies. Corero's SmartWall has been proven to excel in these demanding environments; mitigating in seconds in contrast to traditional approaches which can take tens of minutes to respond.

 

Ashley Stephenson, CEO of Corero, said:

 

"We are delighted to welcome the US Federal Government as a Corero customer. This purchase follows a demanding trial period in which our SmartWall product successfully provided real-time DDoS protection across notable national projects run by the agency concerned, defeating several significant attacks."

 

Enquiries:

 

Corero Network Security plc

 

Andrew Miller, CFO

Tel: 01895 876 382

 

 

Cenkos Securities plc

Tel: 020 7397 8900

Bobbie Hilliam - NOMAD

Alex Aylen - Corporate Broking

 

 

 

Redleaf Communications

Tel: 020 7382 4747

Rebecca Sanders-Hewett/David Ison/Elise Palmer

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 online 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 next-generation technology provides a First Line of Defense® 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
 
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