Corero Network Security PLC "Partner-First" DDoS Strategy Update

TIDMCNS

Corero Network Security PLC

26 February 2021

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26 February 2021

Corero Network Security plc

("Corero" or the "Company")

"Partner-First" DDoS Strategy Update

Corero Network Security plc (AIM: CNS), a leading provider of real-time, high-performance, automatic Distributed Denial of Service (DDoS) defense solutions, provides the following update on its "partner-first" go-to-market strategy with the announcement of several new partnerships in APAC, Latin America and the Caribbean, alongside ongoing enhancements to Corero's Partner Portal .

Building on the strong successful foundations established in 2020 with resale partners and distributors such as Kite, Telent, Axians Germany, enfoPoint, ECI Networks and Walker and Associates, Inc., Corero is pleased to announce it has added several new strategic partnerships with Datacipher and CDM in APAC, and CLA Direct in Latin America and the Caribbean.

With the continued rise in DDoS attacks during 2020 and 2021, these resale partners and distributors recognise that many of their customers within the Service and Hosting Provider space, along with Gaming, Financial Services and SaaS-based customers were in need of updating their network security requirements. Corero, with its leading-edge DDoS solution, will enable them to detect and mitigate a DDoS attack within seconds, not minutes, as some of their current solutions provide.

Lionel Chmilewsky, Corero's CEO, said:

"I am extremely pleased to see the continued traction within our existing partner community in 2020 and I only see that growing as we continue to add partners in new regions and markets in 2021. We are fully committed to increasing and supporting our sales and marketing initiatives to amplify global expansion via the channel."

Enquiries:

 
 Corero Network Security plc 
 Lionel Chmilewsky, Chief Executive Officer 
  Neil Pritchard, Group Finance Director              Tel: [phone] 
                                                      876 382 
 
 Cenkos Securities plc                              Tel: [phone] 
                                                     8900 
 Ben Jeynes - Corporate Finance 
  Alex Pollen - Sales 
 
 Vigo Communications                                Tel: [phone] 
                                                     0230 
 Jeremy Garcia / Antonia Pollock 
  [e-mail] 
 
 

About Corero Network Security

Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero's award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting. Corero's industry leading SmartWall and SecureWatch technology provides scalable protection capabilities against external DDoS attackers and internal DDoS botnets in the most complex edge and subscriber environments, while enabling a more cost-effective economic model than previously available. Corero's key operational centers located in Marlborough, Massachusetts, USA and Edinburgh, UK, with the Company's headquartered in Amersham, UK. The Company is also listed on the London Stock Exchange's AIM market under the ticker CNS. For more information, visit www.corero.com, and follow us on LinkedIn and Twitter.

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February 26, 2021 02:00 ET (07:00 GMT)