Business
Record Q3 Order Intake
Record Q3 Order Intake.
About this update from Corero Network Security Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6822A\n Corero Network Security PLC\n 01 October 2020\n \n \n \n \n 1 October 2020\n \n \n Corero Network Security plc\n \n \n (\"Corero\" or the \"Company\")\n \n \n \n \n \n Record Q3 Order Intake \n \n \n Over $6 million of orders secured in the Company's third quarter \n \n \n \n \n \n Corero Network Security plc (AIM: CNS), \n a leading provider of real-time, high-performance DDoS defense solutions\n , is pleased to announce a record order intake in its third quarter for the three months ended 30 September 2020, with over $6 million booked during the quarter. \n \n \n \n \n \n The orders include Corero's largest ever customer order; nine new customer wins, including three customers in APAC (one a tier-one Asian telecoms operator); and continued traction with partners which include Juniper and GTT. Revenue associated with these orders is recognizable over the course of the lifetime of each of the contracts. \n \n \n \n \n \n Customers within the Q3 order intake, include:\n \n \n \n \n \n · \n A multimillion-dollar upgrade win for an existing US-based SaaS enterprise solutions provider. \n The order is for global deployment of the latest SmartWall TDS solutions with supporting SecureWatch® services over three years, through a Corero channel partner; \n \n \n \n \n \n · \n A tier one Asian telecoms provider win \n for a SmartWall TDD solution, secured through our partnership with Juniper Networks, over two years; \n \n \n \n \n \n · \n Two Australian wins, including research, educational and governmental infrastructure providers: one new customer order involves several\n multiple SmartWall TDS 100Gbps solutions with supporting SecureWatch® services for three years; and the other a SmartWall TDD product \n sold through our partnership with Juniper Networks, also over three years;\n \n \n \n \n \n · \n A major European telecom services provider\n win for a\n \n three-year SmartWall TDD solution order with supporting services also sold through our partnership with Juniper Networks;\n \n \n \n \n \n · \n A UK-based web-hosting provider win for a three-year DDoS Protection-as-a-Service (\"DDPaaS\") order including multiple SmartWall TDS solutions with supporting SecureWatch® services; and \n \n \n \n \n \n · \n A US-ba...