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CNS Corero Network Security Plc

14.75
-0.25 (-1.67%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Corero Network Security Plc LSE:CNS London Ordinary Share GB00B54X0432 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -1.67% 14.75 14.50 15.00 15.00 14.75 15.00 1,248,116 14:48:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl 22.35M -170k -0.0003 -491.67 75.05M

Corero Network Security PLC Partnership with Leading Hosting Services Provider

21/05/2024 7:00am

RNS Non-Regulatory


RNS Number : 1572P
Corero Network Security PLC
21 May 2024
 

21 May 2024

A blue and green text on a black background Description automatically generated

Corero Network Security plc

("Corero" or the "Company")

 

Strategic Partnership with Leading Hosting Services Provider

 

Corero to enhance Dutch company RoyaleHosting's DDoS protection globally

 

Corero Network Security plc (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service ("DDoS") protection specialists, is pleased to announce a three-year partnership agreement with leading global hosting services provider RoyaleHosting to integrate Corero's award-winning DDoS mitigation technology across RoyaleHosting's global network infrastructure (the "Partnership").

 

The Partnership, will see Corero deploy its comprehensive DDoS protection-as-a-service across RoyaleHosting's rapidly growing customer base, complementing its recently launched cybersecurity product Shield Panel.

 

RoyaleHosting's Shield Panel has now been fully integrated with Corero's highly complementary DDoS mitigation features, ensuring RoyaleHosting's 700+ global customers have access to reliable protection against DDoS threats, alongside comprehensive insights through an intuitive user interface.

 

The Partnership builds on Corero's recent new contract momentum and further demonstrates the Company's commitment to expanding its European footprint in FY2024 and beyond following the extension of its partnership with Ingecom Ignition in March 2024.

 

Carl Herberger, Chief Executive Officer of Corero, commented:


"Companies worldwide continue to view Corero as the go-to choice for premium DDoS protection and RoyaleHosting's decision to integrate Corero technology within their Shield Panel will ensure customers experience the best in DDoS protection.

 

We're pleased to be deploying our DDoS protection solutions to support the team at RoyaleHosting and will update the market on future new business activity in due course."

 

Stan Van de Klippe, Chief Executive Officer of RoyaleHosting, commented:

 

"Corero's seamless integration into our Shield Panel was a logical step. Their proactive DDoS mitigation aligns perfectly with our core values of providing excellent service and reliable network protection.

 

Our customers now enjoy comprehensive security without compromise, reinforcing our commitment to supporting their needs."

 

Enquiries:

 

Corero Network Security plc

Tel: +44(0)20 7390 0230

Carl Herberger, Chief Executive Officer


Phil Richards, Chief Financial Officer




Canaccord Genuity Limited (Nominated Adviser and Joint Broker)

Tel: +44(0)20 7523 8000

Simon Bridges / Andrew Potts / Harry Rees


 

Zeus Capital (Joint Broker)


Stuart Andrews / Alice Lane

Tel: +44(0)20 3829 5000

 

Vigo Consulting

Tel: +44(0)20 7390 0230

Jeremy Garcia / Kendall Hill


corero@vigoconsulting.com


 

About Corero Network Security

 

Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centres in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB market (OTCQB: DDOSF).

 

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

 

About RoyaleHosting

 

RoyaleHosting is a leading hosting company specialising in DDoS protection and connectivity, protecting customers' online presence with robust security and ensuring uninterrupted, low-latency connectivity. Founded in 2017 in the Netherlands, RoyaleHosting serves more than 700 international customers with points-of-presence in Europe, Asia, and North America.

 

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