3 April 2025
Corero Network Security plc
("Corero" or the "Company")
Corero Expands TechEnabler Partnership
- Corero further strengthens Latin America presence with key partnership extension alongside additional recent contract wins in the region
Corero (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service ("DDoS") protection specialists, today announced a $0.6 million expansion of its partnership with TechEnabler, a leading technology service provider in Brazil. The agreement expands the existing DDoS Protection-as-a-Service ('DDPaaS') contract and extends the partnership for an additional year.
The contract expansion upgrades the existing Corero SmartWall ONETM solution to now include the new 400G platform across the TechEnabler network, delivering enhanced managed security solutions to its growing customer base across Latin America.
In addition to TechEnabler, Corero has recently signed a new contract with DigitalnetBR as well as the previously announced Forte Telecom contract within the region. These contract wins highlight Corero's commitment to equipping regional customers with high-performance, real-time DDoS defence technology tailored for complex network environments.
Carl Herberger, Chief Executive Officer at Corero, commented:
"TechEnabler is a forward-thinking provider, and this partnership has already enabled us to expand our footprint in Latin America with a strong, service-driven business.
This contract expansion underscores the demand for next-generation solutions amid an increasingly complex DDoS threat landscape and further demonstrates Corero's ability to innovate at the forefront of these technology changes. With the roll-out of our 400G platform in Latin America, Corero continues to open up new commercial opportunities by increasing our competitiveness in the DDoS defence market."
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) Ben Robertson / Alexandra Campbell-Harris |
Tel: +44(0)20 3829 5000 |
|
Vigo Consulting (Financial PR and Investor Relations) |
Tel: +44(0)20 7390 0230 |
|
Jeremy Garcia / Kendall Hill / Anna Sutton |
|
|
Harbor Access (Investor Relations) Jonathan Paterson |
Tel: +1 475 477 9401 |
About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, delivering real-time, automated detection and mitigation with deep network visibility and analytics. Corero safeguards critical infrastructure across diverse deployment models-from inline to edge to hybrid cloud-and is currently developing CORE, an observability and resiliency ecosystem to unify defensive actions across the modern threat landscape. 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 OTCQX Market (OTCQX: DDOSF).
For more information, visit www.corero.com, and follow us on LinkedIn and X.