Corero Network Security PLC Significant Contract Renewal (1547V)
01 November 2017 - 6:00PM
UK Regulatory
TIDMCNS
RNS Number : 1547V
Corero Network Security PLC
01 November 2017
1 November 2017
Corero Network Security plc
("Corero" or the "Company")
Corero material SmartWall support and managed services contract
renewal
Corero Network Security plc (AIM: CNS), the AIM listed network
security company, is pleased to announce the renewal of a contract,
worth over $200,000, from a significant early adopter of SmartWall
Threat Defense ("SmartWall") customer.
This is the third consecutive year that the Digital Enterprise
customer ("the Customer") has renewed its contract, which is
testament to the effectiveness of its real-time DDoS mitigation
software.
The agreement will see Corero supply support and SecureWatch
managed security services for the Customer's SmartWall
installation, which provides always-on real-time DDoS mitigation to
ensure that its on-line business and revenue is not impacted by
damaging DDoS attacks.
Andrew Lloyd, Corero President and EVP Sales and Marketing,
said:
"This important renewal demonstrates the exceptionally high
levels of customer satisfaction across our growing customer base
with Corero delivering world class subscription and support renewal
rates."
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 - Corporate Broking
Redleaf Communications Tel: 020 7382
4747
Elisabeth Cowell/Robin Tozer/Ian cns@redleafpr.com
Silvera
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 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
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