Business
Key Customer Contract Extension
Corero Network Security plc has secured a significant three-year contract extension worth $1.1 million with TierPoint for its new Web Application Security (WAAP) product, which was co-developed with the client and is part of Corero's CORE platform. This agreement highlights the successful commercialization of the CORE platform and the growing demand for advanced cybersecurity solutions, demonstrating Corero's ability to generate non-DDoS revenue streams and further strengthening its partnership with a leading data centre provider. Disclaimer*
About this update from Corero Network Security Plc
18 June 2026 Corero Network Security plc ("Corero" or the "Company") Key Customer Contract Extension for new Web Application Security Product Corero (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service ("DDoS") protection specialists and champion of adaptive, real-time service availability, is pleased to announce it has secured a $1.1 million, 3-year contract for its Web Application Security ("WAAP") with TierPoint, a global provider of comprehensive IT solutions, including colocation data centres and managed cloud recovery services. First announced in Q3 2025 as part of Corero's CORE platform offering, the WAAP product has been co-developed with TierPoint, extending Corero's product capabilities to support customers with an innovative WAAP solution. Following completion of the development phase, and a successful production implementation, Corero has secured a $1.1 million, 3-year contract to provide WAAP services to TierPoint. This agreement further strengthens Corero's existing partnership with TierPoint, one of the world's leading data centre providers. Furthermore, successful deployment of Corero's WAAP product demonstrates the continued commercial success of the CORE platform and the growing customer need for innovative and market-leading cybersecurity solutions. Carl Herberger, CEO of Corero, commented: "I am pleased to extend and deepen our partnership with TierPoint, a key customer and partner, and a global leader in the ever-expanding data centre market. Our WAAP product, along with other capabilities of the CORE platform, provide non-DDoS revenue opportunities that were not available to Corero two years ago." Paul Mazzucco, Chief Information Security Officer of TierPoint, commented: "The Corero WAAP solution is really correcting the WAAP market gaps in my opinion. The launch is key to enhancing our corporate and our customers' application security needs and expanding TierPoint's growing security offering. Corero is a key partner to TierPoint, and I am delighted to extend our partnership once more." 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 80...
View stock analysis, news, and events for Corero Network Security Plc