CORERO NETWORK SECURITY PLC

M&A Activity • Apr 2, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 7478U

Corero Network Security PLC

02 April 2019

2 April 2019

Corero Network Security plc

("Corero" or the "Company")

First Juniper resale customer win

Growing pipeline of Juniper opportunities

Corero Network Security plc (AIM: CNS) is pleased to announce its first revenue generating order from the Juniper Networks global resale partnership ("the Partnership").

The global hosting provider customer win follows a successful trial, which demonstrated the value of Juniper's MX Series router coupled with Corero's SmartWall software in protecting the customer's business against the threat posed by DDoS attacks.

The Partnership extends both the scalability and automation of DDoS protection to unprecedented price-performance levels, securing networks in real time against attacks. The combined offering is an integrated solution that protects Service Providers, Cloud Providers and Digital Enterprises against the increasing risk posed by DDoS attacks.

As the first customer win from the Partnership, this is a significant milestone in the development of the Juniper go-to-market channel for Corero. It is also the culmination of extensive joint engagement including Juniper sales training, Juniper support training, creation of marketing collateral, customer account opportunity mapping, and the addition of SKUs to the Juniper global price list and order entry systems for the Corero SmartWall products and services.

Ashley Stephenson, Corero CEO, said:

"We are excited to have secured our first Juniper resale deal which reinforces the commercial validation of our joint value proposition. I look forward to announcing additional customer wins as we seek to capitalise on the growing pipeline of opportunities and customer trials."

Enquiries:

Corero Network Security plc		Tel: 01895 876 382
Andrew Miller, CFO
Cenkos Securities plc		Tel: 020 7397 8900
Mark Connelly - NOMAD Michael Johnson - Sales
Vigo Communications		Tel: 020 7390 0230
Jeremy Garcia / Antonia Pollock / Ben Simons corero@vigocomms.com

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 rns@lseg.com or visit www.rns.com.

END

NRACKDDBABKDDQK