2nd Dec 2019 15:38
(Alliance News) - Corero Network Security Ltd announced on Monday orders from two new customers for its SmartWall cybersecurity product as well as an expansion order from an existing client.
The first order is a three-year contract with a US-based hosting and cloud services provider to which Corero will deliver a protection service. The second order is another three-year contract with a UK-based hosting and cloud services provider.
The third contract is a three-year expansion order with an existing Asia Pacific-based hosting and cloud services provider which will employ the product at some of its global data centre sites.
Ashley Stephenson, Corero's chief executive officer, said: "We have secured the inaugural contract for our new hybrid DDoS protection solution, which combines Corero's market leading real-time SmartWall DDoS protection with coordinated automatic cloud back-up protection, enabling our customers to defend against even the largest of DDoS attacks."
Shares in Corero - which has offices in both the US and the UK - were up 0.3% at 3.51 pence on Monday in London.
By Ife Taiwo; ifetaiwo@alliancenews.com
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