Corero Network Security Share Discussion Threads

[3800] 29/10/2015 12:27

Hi nepoleon apart from selling the share on to someone else at hopefully a higher price, where is the attraction with buying into this company? If it was going to make a profit let alone pay a dividend wouldn't it have done it sometime in the last 5 years? Yes the sector is "hot" however buying anything in this sector which is actually any good seems rather problematic.
3800

[napoleon 14th] 29/10/2015 11:20

Picked up a few; recent events have shown the need & disrectors have lots of skin in the game.
TALK about it & oPAY for a few; could bag & more.

[affc21] 23/10/2015 16:46

Just a reminder that the last Proactive Investors article alludes to a possible US tier 1 ISP signing.Infact CNS are in discussions/trials with 3 of the top 10 US ISP's.All of the above info can be found via company RNS and Proactive Investors.

[affc21] 23/10/2015 16:36

Yes, a US tier 1 ISP signing would be fantastic news for the company and share price.

[rolo7] 23/10/2015 15:58

Talk talk confirm it was a ddos attack, suppose thats why tier 1 US ISP are talking to cns then

[raysor] 23/10/2015 15:50

Presumably to be paid in bitcoins!

[affc21] 23/10/2015 15:35

TalkTalk cyber-attack: company has received 'ransom demand'http://www.theguardian.com/business/2015/oct/23/talktalk-cyber-attack-company-has-received-ransom-demand

[the shuffle man] 23/10/2015 08:32

They need to go and talk to talktalk

[affc21] 09/10/2015 12:44

Corero Network: 'Our market is hot and only getting hotter':08 October 2015(snippets):"We are in full swing getting the product out to the market," Ashley Stephenson, chief executive of Corero Network Security (LON:CNS) told Proactive Investors when he came in to chat last week."Ours is a hot area and only getting hotter," Stephenson said. "It is a durable space for the next five years."Large service providers have a protracted validation and testing cycle that might take 12-18 months," said Stephenson. "But we are hopeful we will have something in the next few months."Complete article:http://www.proactiveinvestors.co.uk/companies/news/115931/corero-network-security-chief-our-market-is-hot-and-only-getting-hotter--115931.html

[affc21] 05/10/2015 11:37

Corero Network Security Trends & Analysis Report Finds Attackers Primarily Leverage Lower-Bandwidth DDoS Attacks to Degrade &...Source: Business WireCompany Survey Finds Organizations Demand DDoS Protection from Internet Service ProvidershTTp://www.businesswire.com/news/home/20151005005148/en/Corero-Network-Security-Trends-Analysis-Report-Finds#.VhJR7p9wbqA

[affc21] 02/10/2015 20:24

Video interview with Ashley Stephenson, chief executive of Corero Network Security, who states they are seeing strong interest in their SmartWall defence tech:http://www.proactiveinvestors.co.uk/companies/stocktube/4211/corero-network-security-seeing-strong-interest-in-smartwall-defence-tech-4211.html

[affc21] 02/10/2015 07:52

Friday 02 October, 2015

Corero Network Sec.
Significant Contract Win
RNS Number : 0035B
Corero Network Security PLC
02 October 2015

2 October 2015
Corero Network Security plc
("Corero" or the "Company")

Significant Contract Win

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce a major SmartWall® Threat Defense System ("SmartWall TDS") sale to a UK FTSE 100 company.

The order, valued at $0.7 million, provides Distributed Denial of Service ("DDoS") protection for the customer's worldwide operations. The solution comprises Corero SmartWall TDS products deployed at multiple data centre locations to provide real-time DDoS protection with supporting SecureWatch® services for a three year period.

[affc21] 01/10/2015 08:30

New partnership:

Dated 01.10.2015

Alpha Generation Distribution Partners with Corero to Further Drive Real-Time DDoS Protection into the UK Market:

Alpha Generation will bring Corero’s award-winning SmartWall® Threat Defense System (TDS) to the UK reseller channel.
NOTTINGHAM, UK (PRWEB UK) 1 OCTOBER 2015
Proactive IT security distributor Alpha Generation Distribution has announced a new partnership with Corero, a leader in Distributed Denial of Service (DDoS) detection and mitigation solutions.
As the DDoS threat landscape continues to evolve and become more complex, Alpha Generation believes that Corero offers industry changing protection for the modern day organisation.
“We’re pleased to announce our new partnership with Corero,” says Chris Walsh, Sales Director at Alpha Generation Distribution. “The Company’s technology provides a first line of defence for what is a growing problem for every business. We have seen a shift in the nature and scale of DDoS attacks – and their targets – and our key partners agree. Now is the right time for a DDoS protection solution that provides sophisticated mitigation techniques, enhanced visibility analytics and reporting, at an extremely competitive price point.”
The need for purpose-built, real-time DDoS mitigation with limitless scalability has been driven, by increasingly sophisticated and frequently occurring DDoS attacks. Internet service providers, hosting providers and the online enterprise are taking a more proactive approach to proper DDoS detection and mitigation.
“The threat of a DDoS attack is something that organisations across all industries need to be aware of,” adds Walsh. “As a result, there is huge demand in the UK channel for appliances like Corero’s – capable of mitigating the full range of DDoS attack vectors, yet economically scalable.”
Rob Swainson, Sales Director at Blue Cube Security said, “Corero’s unique approach to DDoS mitigation enables organisations to deliver that essential first line of defence against DDoS attacks for themselves as well as their customers.
"We have a solid historical relationship with Corero and a strong partnership with Alpha Generation. This is an excellent opportunity for Blue Cube to continue to support existing customers, and add additional value to our portfolio.”

[affc21] 01/10/2015 08:00

Half Yearly Report
-- SmartWall TDS trials in progress with three of the top 10 US Internet service providers.

Ashley Stephenson, CEO of Corero, commented: "We are now engaged in multiple trials with an increasing number of the world's largest service providers and are encouraged by the significant market opportunity these companies represent, whilst recognising the impact of longer sales cycles in this particular vertical.
We believe many of these service providers will see the value of the Corero approach to DDoS protection.

--------

Still loosing money, but looks/reads like some of the worlds major Service Providers are seriously interested in the Corero DDos mitigation technology.
Worth reading the report

[rolo7] 04/9/2015 20:56

wonder if blackrock seller had been cleared now?!

[raysor] 04/9/2015 09:07

APC: anything remotely to do with Corero?

[rolo7] 04/9/2015 08:25

manchester police hit by ddos attack, any other reason for move upwards? tipped somewhere?

[affc21] 18/8/2015 17:49

Must admit I was caught out there with the £5m fundraising at 10p per share.Disapointed with the slow industry adoption of the Cerero DDOS mitigation solutions. Although Corero were quite bullish im their Trading Update in their future expectations of the business and went on to forecast that the money raised would last until breakeven/profit as from 2016.Still think Corero are in the right sector with the right product offering for 2015/16.

[rolo7] 01/8/2015 01:06

Natwest bank ddos attack friday 50mins

[cocker] 30/7/2015 07:26

Another 5mill @ 10p, any takers. LOL

[rolo7] 16/7/2015 20:43

6m$ will probably last to the end of the year. Very tight share spread last few days, trying to shake out weak holders maybe.

[affc21] 16/7/2015 19:36

Raysor,

After the $7.1m share placing -
Cash on the books $6m (£3.85m) at 31 December 2015 - Taken from the Annual Results ending 31 December 2014.

So wouldn't expect any need for a fund raising, at least not yet.