5 June 2024
Corero Network Security
plc
("Corero"
or the "Company")
$1 Million Contract Renewal
and Expansion with DigitalOcean
Corero Network Security plc (AIM:
CNS) (OTCQB: DDOSF), the distributed denial of service ("DDoS")
protection specialists, is pleased to announce it has secured a $1
million plus, three-year contract extension, expanding the current
services provided to DigitalOcean Holdings, Inc. ("DigitalOcean")
(NYSE: DOCN), a leading US cloud computing provider.
Corero will continue to provide
DigitalOcean with its comprehensive SecureWatch Managed Services,
reinforcing its trusted position in safeguarding DigitalOcean's
extensive network infrastructure. Corero's fully managed solution
encompasses configuration optimisation, proactive monitoring, and
swift mitigation response to any DDoS incidents and has been
tailored to meet DigitalOcean's specific security
policies.
During a competitive trial and
testing period, Corero demonstrated seamless and continuous
optimisation, ultimately leading to an extended commitment from
DigitalOcean.
Corero's SmartWall ONE solution,
which delivers rapid and accurate DDoS attack detection at the
network edge will be now fully deployed across DigitalOcean's IT
real estate.
With a global network spanning over
17 datacentres, DigitalOcean will continue to utilise Corero's
advanced DDoS protection solutions to ensure seamless operations
and robust defence against cyberthreats.
Carl Herberger, CEO of Corero, commented:
"We are thrilled to both continue
and extend our partnership with DigitalOcean. This renewal
underscores the confidence they have in our ability to protect
their critical infrastructure, and our SecureWatch Managed Services
will allow DigitalOcean to focus on their core business activities,
knowing that their network is in safe hands."
Enquiries:
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Corero Network Security
plc
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Tel: +44(0)20 7390 0230
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Carl Herberger, Chief Executive
Officer
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Phil Richards, Chief Financial Officer
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Canaccord
Genuity Limited (Nominated Adviser and Joint Broker)
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Tel: +44(0)20 7523 8000
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Simon
Bridges / Andrew Potts / Harry Rees
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Zeus Capital (Joint
Broker)
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Stuart Andrews / Alice
Lane
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Tel: +44(0)20 3829 5000
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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).
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