Corero secures $0.5m contract with unnamed American client

By

Sharecast News | 02 Jul, 2018

14:15 15/11/24

  • 22.25
  • -3.68%-0.85
  • Max: 23.10
  • Min: 22.16
  • Volume: 246,129
  • MM 200 : 0.05

Corero Network Security announced a $0.5m order for its new ‘100G SmartWall Threat Defense System’ technology with an unnamed North American service provider on Monday.

The AIM-traded firm said the order consisted of multiple SmartWall 100Gbps products with supporting ‘SecureWatch’ services for one year.

It followed a successful proof-of-concept trial - which included the evaluation of competitors - with SmartWall reportedly recognised as the technology “best-placed” to meet the customer's requirements.

The Corero SmartWall solution mitigated DDoS attacks in real-time, the company explained, with the deployment set to enable the customer to protect its own customers from malicious DDoS traffic launched from across the Internet globally.

That would provide the customer with further competitive differentiation from its peers, the board added, as well as heightened long-term customer satisfaction.

“We are delighted to have secured another customer for our new 100Gbps SmartWall DDoS mitigation technology, having only introduced it in late 2017, following a multi-year development programme,” said Corero’s president and executive vice-president of sales and marketing Andrew Lloyd.

“To secure this order after a rigorous selection process is also highly gratifying and highlights the key competitive advantage of our solution.

“We anticipate demand for our technology to accelerate during 2018 as we benefit from the combination of growth in adoption of faster 100 Gbps links and increasing end-user service-level expectations resulting in the requirement for service providers, cloud providers and enterprises to instigate a DDoS mitigation technology upgrade.”

Last news