StockMarketWire.com - Corero Network Security on Wednesday won three customer orders totalling over $1.0m for its cyber security services and products.

The three customer orders included a $0.5m 1-year expansion order for Corero's SmartWall 100Gbps technology from an existing customer; a $0.3m DDoS Protection as a Service 3-year order with a new global hosting and colocation provider customer; and a $0.2m support and SecureWatch managed security services contract renewal.

'These customer wins are demonstrative of the increasing traction we are seeing across our DDoS mitigation solutions, and in particular, our 100Gbps SmartWall technology as the adoption of faster and more economic 100Gbps links accelerates. This is evidenced by the $2.0 million order intake our SmartWall 100Gbps solution has generated in the last 12 months since launch,' said Andrew Lloyd, Corero President and EVP Sales and Marketing.

'In addition, the SmartWall early adopter customer renewal we have secured reflects our high levels of customer satisfaction that we pride ourselves on and which underpin our exceptionally high subscription and support renewal rates.'

At 8:16am: [LON:CNS] Corero Network Security PLC share price was +0.65p at 12.75p



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