CORERO NETWORK SECURITY PLC

Business and Financial Review • Apr 18, 2024

National Storage Mechanism | Additional information

RNS Number : 0499L

Corero Network Security PLC

18 April 2024

18 April 2024

Corero Network Security plc

("Corero", or "the Company")

Corero launches DDoS cloud-backup service powered by Akamai

Corero Network Security plc (AIM: CNS) (OTCQB: DDOSF), the specialists in distributed denial of service ("DDoS") protection solutions, today announced the launch of its Corero SmartWall ONE™ Hybrid Cloud DDoS Protection solution ("the Solution"), in partnership with Akamai Technologies ("Akamai"), one of Corero's key strategic technology partners.

This new cloud-based service expands Corero's existing product offerings, combining their on-premises solutions with Akamai's cloud capabilities, creating a robust, hybrid DDoS solution. The new DDoS cloud-backup service is designed to meet the growing needs of service providers seeking comprehensive, scalable cybersecurity solutions that combine the benefits of both on-prem and cloud-based protection.

This unique partnership equips businesses using Corero SmartWall ONE solutions with a scalable, top-tier DDoS cloud-backup service enhancing protection capabilities and delivering immediate operational benefits.

Ashley Stephenson, CTO, commented:

"Our strategic cooperation with Akamai, initiated last year, has been instrumental in reaching this important milestone.

Corero's customers are continually seeking more robust protection against DDoS attacks, while also aspiring to broaden their own security services. Adding the DDoS cloud-backup protection powered by Prolexic to our SmartWall ONE™ portfolio underlines our commitment to providing best-in-class solutions to our customers, whilst highlighting the strategic value of our ongoing partnership with Akamai."

Enquiries:

Corero Network Security plc Carl Herberger, CEO Phil Richards, CFO	Tel: +44 (0) 20 7390 0230
Canaccord Genuity Limited (Nominated Adviser and Broker) Simon Bridges / Andrew Potts / Harry Rees	Tel: +44 (0) 20 7523 8000
Vigo Consulting Jeremy Garcia / Kendall Hill	Tel: +44 (0) 20 7390 0230

About Corero Network Security

Corero Network Security is a leading provider of distributed denial of service (DDoS) protection solutions. We are specialists in automatic detection and protection solutions, that include network visibility, analytics, and reporting tools. Corero's technology provides scalable protection capabilities against both external DDoS attackers and internal DDoS threats, in even the most complex edge and subscriber environments, ensuring internet service availability and uptime. Corero's key operational centres are in Marlborough, Massachusetts, USA, and Edinburgh, UK, with the Company's headquarters in London, UK. The Company is listed on the London Stock Exchange's AIM market under the ticker CNS and the US OTCQB market (OTCQB: DDOSF).

For more information, visit  www.corero.com , and follow us on  LinkedIn  and  Twitter .

About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAIRMBTMTBBTTI