TIDMCNS

RNS Number : 4125L

Corero Network Security PLC

03 October 2016

3 October 2016

Corero Network Security plc

("Corero" or the "Company")

Contract Wins

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce three customer orders for its SmartWall(R) Threat Defense System ("SmartWall TDS") from leading European companies in the online gaming and gambling market.

The orders, with an aggregate value of over $0.6 million, follow successful Proof of Concept trials and competitive procurement processes. These customer solutions each comprise multiple Corero SmartWall TDS products, with supporting SecureWatch(R) services for one year.

Ashley Stephenson, CEO of Corero, said:

"These multiple customer wins add to Corero's credentials as a leading provider of DDoS protection to the rapidly growing online gaming and gambling market."

"SmartWall TDS is beating the competition with breakthrough capabilities in automatic, in-line, real time DDoS protection. We look forward to announcing continuing deal momentum in the coming months as the SmartWall TDS customer base grows across our target markets."

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/Susie Hudson        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(R) 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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October 03, 2016 02:00 ET (06:00 GMT)

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