Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Corero Secures USD700,000 SmartWall Threat Defense System Order

6th Jan 2016 07:51

LONDON (Alliance News) - AIM-listed Corero Network Security PLC said Wednesday it has secured a USD700,000 order for its SmartWall Threat Defense System product from an undisclosed European internet service provider.

Under the order Corero will provide protection against distributed denial of service attacks, a form of hack that makes on online service unavailable by overwhelming it with traffic from multiple sources, as a service for one of the ISP's "high profile" customers.

"This order is truly a landmark deal for Corero, representing the company's first entry into the European Tier 1 ISP market and its largest SmartWall sales order to date," said Chief Executive Officer Ashley Stephenson in a statement.

"This is not a trial or Proof of Concept but a fully operational DDoS protection service, managed by the provider on behalf of its customer. We look forward to pursuing additional DDoS protection service deployments with this Tier 1 provider and other leading ISP's across Europe," Stephenson added.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


Related Shares:

Corero Network
FTSE 100 Latest
Value8,054.98
Change-419.76