RCS - Corero Network Sec. - SmartWall Service Portal Development

Corero Network SecurityAnnouncement

20/06/2024 07:00

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RNS Number : 1367T  Corero Network Security PLC  20 June 2024

20 June 2024

Corero Network Security plc

("Corero" or the "Company")

 

SmartWall Service Portal Development

 

Corero (https://www.corero.com/) (AIM: CNS)
(https://www.londonstockexchange.com/stock/CNS/corero-network-security-plc/company-page)
(OTCQB: DDOSF) (https://www.otcmarkets.com/stock/DDOSF/overview) , the
distributed denial of service ("DDoS") protection specialists, announces
significant enhancements to its SmartWall Service Portal aimed at
strengthening the client retention and attraction capabilities of both the
Company's clients and their customers.

 

The introduction of new features, including executive reports and tenant
prospecting, is designed to augment the Company's existing DDoS
protection-as-a-service offering, and will support Corero's service and
hosting provider clients seeking to differentiate their services and drive
revenue growth.

 

In addition to further bolstering the DDoS security capabilities of Corero's
clients, the enhancements will enable Corero's clients to identify and
capitalise on an increased number of upselling opportunities by offering the
Company's upgraded DDoS protection solutions to the clients' own customers, in
turn generating potential new revenue streams for the clients.

 

Executive reports, one of the new features rolled out by Corero, provide
real-time, automated insights into the effectiveness of DDoS protection
investments, enhancing transparency and building stakeholder trust.
Additionally, tenant prospecting enables providers to target unsubscribed
customers who could benefit from additional protection, streamlining the
process of expanding service offerings and facilitating customer retention.

 

Carl Herberger, CEO of Corero, commented:

 

"Improving our already robust DDoS service offering underpins our wider growth
strategy and enables us to build on our rapid new client momentum, with more
and more companies - including leading service and hosting providers - turning
to Corero for highly advanced DDoS protection."

 

Directly benefitting both Corero and our clients, these new Service Portal
enhancements make it even easier for providers to identify those in need of
protection, provide tangible evidence, and foster goodwill with their
customers, turning security into a competitive edge."

 

Enquiries:

                                                                  Tel: +44(0)20 7390 0230

 Corero Network Security plc
 Carl Herberger, Chief Executive Officer
 Phil Richards, 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 / Alice Lane                                      Tel: +44(0)20 3829 5000

 

 Vigo Consulting                                               Tel: +44(0)20 7390 0230
 Jeremy Garcia / Kendall Hill
 corero@vigoconsulting.com (mailto:corero@vigoconsulting.com)

 

About Corero Network Security

 

Corero Network Security is a leading provider of DDoS protection solutions,
specialising 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 (http://www.corero.com/) , and
follow us on LinkedIn (https://www.linkedin.com/company/corero/)  and X
(Twitter (https://twitter.com/Corero) ).

 

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