23 August 2024
Corero Network Security
plc
("Corero"
or the "Company")
New Partnership Agreements in
Latin America
New channel partnerships
extend Latin American sales footprint, generating first new
customer win
Corero
(AIM: CNS) (OTCQB:
DDOSF), the distributed denial
of service ("DDoS") protection specialists, today announced the signing of three new strategic partner
agreements in Chile with NovaRed, Vista Group International Ltd
(VGL), and GreyMatter. These partnerships mark a significant
milestone in Corero's continued expansion and commitment to
strengthening its presence in the Latin American market.
In addition, the Company is pleased
to announce it has already secured a new contract with Netline, a
leading Chilean telecommunications service provider through its
collaboration with GreyMatter.
About the Partnerships
·
Agreement with NovaRed, a leading cybersecurity
company based in Latin America which has a robust presence across
several countries in the region. Specialising in comprehensive
cybersecurity services and solutions, NovaRed is dedicated to
protecting organisations from digital threats.
·
Partnership with VGL, a global leader in software
solutions for the film industry. The partnership further extends
Corero's reach into the media and entertainment sector, supporting
robust cybersecurity measures within this highly dynamic
industry.
·
Agreement with GreyMatter, a Chilean technology
company specialising in digital transformation and software
development, including custom software and mobile app development.
In partnership with GreyMatter, Corero has immediately achieved a
new customer win, securing a deal with leading Chilean
telecommunications service provider Netline which has selected
Corero's SmartWall ONETM software solution to enhance
its DDoS protection and resilience in a rapidly evolving
technological landscape.
Carl Herberger, Chief Executive
Officer at Corero, commented:
"We are excited to welcome NovaRed, VGL, and GreyMatter as our
partners in Chile and are delighted to have already secured a
contract with Netline, which further expands our client base in the
region. These new Partnerships, in addition to our existing
alliance with TechEnabler in Brazil, underscores our commitment to
aggressively expanding our Latin American presence, alongside
providing world-class DDoS protection and secure connectivity
solutions across the region."
Enquiries:
Corero Network Security plc
|
Tel: +44(0)20 7390 0230
|
Carl Herberger, Chief Executive
Officer
|
|
Chris Goulden, 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 / Ben
Robertson
|
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.
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