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CORERO NETWORK SECURITY PLC

Business and Financial Review Sep 25, 2018

7578_rns_2018-09-25_20e70b09-2067-4fc3-84ae-2eb760a8db31.html

Business and Financial Review

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RNS Number : 7744B

Corero Network Security PLC

25 September 2018

25 September 2018

Corero Network Security plc

("Corero" or the "Company")

Corero secures global resale partnership with Juniper Networks

Corero Network Security plc (AIM: CNS) is pleased to announce that it has entered into a non-exclusive, multi-year global resale partnership agreement with Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, to resell Corero's SmartWall software products and services.

The resale partnership is a break-through for Corero and will broaden Corero's routes to market. Under the agreement, SmartWall software products and services will be resold as part of Juniper's DDoS protection offering to Juniper's customers globally.

Ashley Stephenson, Corero CEO, said:

"I am delighted to announce the agreement of a global go-to-market partnership with Juniper Networks for the resale of SmartWall software and services. We expect this relationship to significantly broaden our market reach and start delivering incremental revenue in H2 2018, with several opportunities currently being pursued with significant Juniper Networks' customers. We expect the relationship and the contribution to Corero's revenues to grow in the next 12 months."

This announcement contains inside information.

Enquiries:

Corero Network Security plc
Andrew Miller, CFO Tel: 01895 876 382
Cenkos Securities plc Tel: 020 7397 8900
Mark Connelly - NOMAD

Michael Johnson - Sales
Vigo Communications Tel: 020 7390 0230
Jeremy Garcia / Ben Simons /Antonia Pollock

[email protected]

About Corero Network Security

Corero Network Security is a leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and digital 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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