Customer wins (2008R)

TIDMCNS

RNS Number : 2008R

Corero Network Security PLC

01 November 2011

1 November 2011

Corero Network Security plc (AIM: CNS)

("Corero" or "the Group")

Customer wins

Corero Network Security plc, the AIM listed network security and business software provider, is pleased to provide an update on securing further customer wins.

Sales order intake during the quarter ended 30 September 2011 has been encouraging with Corero Business Systems ("CBS") seeing very strong growth on the comparative period in 2010 and Corero Network Security ("CNS") continuing to make good progress with the order intake in the period showing an increase on the comparative period in 2010.

Corero Business Systems

CBS secured 46 new Academy customers in the quarter ended 30 September 2011, bringing the total number of Academy customers to almost 300. As notified during October, CBS has signed a reseller agreement with Serco Learning who will deliver integrated finance and management solutions to schools combining CBS's Resource Financials & HR software solutions with Serco Learning's 4(th) generation Information Management System, Progresso.

Corero Network Security

CNS secured 20 new customers in the quarter ended 30 September 2011 as the business continued to add new customers to its core vertical markets: finance and banking, education, defence, on-line gaming and e-Retail. New customer wins include significant orders from a leading spread betting and CFD provider, and from a leading developer and publisher of online games. In addition, CNS received material orders from existing customers including one of the world's largest energy companies and an agency of the United States Department of Defense.

CNS has also confirmed that its distributed denial of service (DDoS) defence product will be available for purchase in November. In addition, CNS has also launched its range of DDoS defence support services, SecureWatch Plus, a comprehensive suite of DDoS defence, configuration optimisation, monitoring and response services.

Enquiries:

 
 Corero Network Security 
  plc 
 Andrew Miller, Chief Operating                                    Tel: 01923 897 333 
  Officer 
 
 finnCap 
 Charles Cunningham/Henrik                                         Tel: 020 7600 1658 
  Persson 
 
 Walbrook PR                                                       Tel: 020 7933 8780 
 Bob Huxford (Media Relations)       Mob: 07747 635 908 or bob.huxford@walbrookpr.com 
 Fiona Henson (Media Relations)     Mob: 07886 335 992 or fiona.henson@walbrookpr.com 
 Paul Cornelius (Investor         Mob: 07827 879 460 or paul.cornelius@walbrookir.com 
  Relations)

About Corero Network Security

Corero Network Security plc consists of two businesses: Corero Network Security and Corero Business Systems.

Corero Network Security is an international network security products technology company, and innovator in Intrusion Prevention Systems and leader in DDoS defence solutions.

Corero Business Systems serves the education and business sectors in the UK by delivering powerful, dynamic modular accounting and business management software and services.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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