18 February 2025
Corero Network Security
plc
("Corero"
or the "Company")
New Agreements Further Expand
Corero's Latin America Presence
Corero wins new contract in
Brazil and enters Peru through a regional
partnership
Corero
(AIM: CNS) (OTCQX:
DDOSF), the distributed denial
of service ("DDoS") protection specialists, is pleased to announce
a customer and a partnership deal in Latin America to further
expand the Company's footprint in the region.
New
Contract Win - via TechEnabler
The Company's existing channel
partner TechEnabler has recently secured a
new contract to implement Corero's SmartWall ONE solution for a
leading telecommunications provider in Brazil. This agreement marks
a key win in the regional DDoS protection landscape, as the
customer transitioned from an incumbent solution to Corero's
technology.
Based in São Paulo, TechEnabler has
over 25 years of expertise in telecommunications and IT,
specialising in technology integration and digital
transformation.
New
Regional Partnership - A51 Technology
Corero is also expanding into Peru
through a new partnership with A51 Technology, a firm with over 20
years of experience in cybersecurity solutions. A51 specialises in
protecting the integrity, confidentiality, and availability of
information, helping businesses navigate an increasingly connected
world.
Continued investment in regional
alliances is a key pillar of the Company's reinvigorated
go-to-market strategy, and this partnership will enable Corero to
target new mandate opportunities across Peru to help businesses
fortify their networks against evolving DDoS threats.
Carl Herberger, Chief Executive
Officer at Corero, commented:
"Latin America is a key growth market for Corero as we remain
fully focused on investing in long-term profitable expansion.
TechEnabler has already proven to be a valued partner in Latin
America, and this new contract win speaks volumes of the strategic
importance of these regional partnerships which continue to drive
new business.
We
are also delighted to sign our first Peruvian partnership and look
forward to welcoming A51 Technology into our growing regional
network as we focus on capitalising on new customer opportunities
in the Latin American region."
Enquiries:
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Corero Network Security plc
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Tel: +44(0)20 7390 0230
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Carl Herberger, Chief Executive
Officer
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Chris Goulden, Chief Financial Officer
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Canaccord Genuity Limited (Nominated Adviser and Joint
Broker)
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Tel: +44(0)20 7523 8000
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Simon Bridges
/ Andrew Potts / Harry Rees
Zeus
Capital (Joint Broker)
Ben Robertson / Alexandra
Campbell-Harris
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Tel: +44(0)20 3829 5000
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Vigo
Consulting (Financial PR and Investor Relations)
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Tel: +44(0)20 7390 0230
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Jeremy Garcia / Kendall
Hill
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corero@vigoconsulting.com
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Harbor Access (Investor Relations)
Jonathan Paterson
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Tel: +1 475 477 9401
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About Corero Network Security
Corero Network Security is a leading
provider of DDoS protection solutions, specialising in automatic
detection and protection solutions with network visibility,
analytics, and reporting tools. Corero's technology protects
against external and internal DDoS threats in complex edge and
subscriber environments, ensuring internet service availability.
With operational centres in Marlborough, Massachusetts, USA, and
Edinburgh, UK, Corero is headquartered in London and listed on the
London Stock Exchange's AIM market (ticker: CNS) and the US OTCQX
market (OTCQX: DDOSF).
For more information,
visit www.corero.com,
and follow us on LinkedIn and X.
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