The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Customer Win

4 Jun 2018 07:00

RNS Number : 0977Q
Corero Network Security PLC
04 June 2018
 

4 June 2018

Corero Network Security plc

("Corero" or the "Company")

 

CUSTOMER WIN

 

Digital enterprise customer order $0.7 million

 

Corero Network Security plc (AIM: CNS), the global network security company, is pleased to announce a $0.7m order for its SmartWall® Threat Defense System ("SmartWall") technology from an existing digital enterprise customer.

 

The order is part of this customer's ongoing deployment and includes multiple SmartWall products with supporting SecureWatch® services for three years. Corero has generated orders of $1.0m from this customer in 2018 (orders which the Company reported in the Trading Update dated 21 December 2017 were delayed to 2018).

 

Further additional orders are expected in the second half of 2018 as part of the customer's ongoing global expansion and SmartWall deployment plan.

 

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

 

"The delivery of real-time DDoS protection is fast becoming the critical component in the defence against large scale cyber breaches and this expansion order provides further confirmation that SmartWall and our SecureWatch service combine to deliver on our protection promise.

 

With many digital enterprise organisations now adopting a zero tolerance approach for any degraded performance or service downtime from a DDoS attack, the resulting potential loss of revenue, reputation or regulatory breach continues to fuel our new business momentum."

 

Enquiries:

 

Corero Network Security plc

 

Andrew Miller, CFO

Tel: 01895 876 382

 

 

Cenkos Securities plc

Tel: 020 7397 8900

Mark Connelly - NOMAD

Michael Johnson - Sales

 

 

 

Vigo Communications

Tel: 020 7830 9703

Jeremy Garcia / Ben Simons

corero@vigocomms.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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCUAVVRWAANRAR

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.