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Corero Network Security reveals new customer orders through Juniper resale partnership, as well as two separate 100Gbps orders

"We are delighted to announce over $1 million of new orders and more importantly, to confirm encouraging sales progress from our strategic partnership"

Network security
The Juniper customers are a leading S&P 500 communication infrastructure provider and a large Japanese electronics company

Corero Network Security PLC (LON:CNS), the network security company, has announced new customer orders through the Juniper resale partnership as well as two separate 100Gbps orders, totalling over $1.0 million, for its leading SmartWall DDoS protection products.

In a statement, the AIM-listed firm said the Juniper resale deals follow successful trials, which further demonstrated the value of combining Juniper's MX Series router and Corero's Threat Defense Director SmartWall software solution.

READ: Corero forecasts revenue growth from Juniper resale partnership

During these trials, it added, the Corero/Juniper collaboration delivered market-leading protection against the threat posed by DDoS attacks as well as enabling these Juniper customers to generate incremental revenue by delivering DDoS protection services to their own customers. 

The Juniper customers are a leading S&P 500 communication infrastructure provider and a large Japanese electronics company, the group said.

In addition, the company revealed further sales of its 100Gbps solution to a new US regional Internet service provider customer, as well as a significant expansion order from a US-based top 10 hosting provider customer.

Ashley Stephenson, Corero’s CEO commented: "We are delighted to announce over $1 million of new orders and more importantly, to confirm encouraging sales progress from our strategic partnership with Juniper.

“These wins further demonstrate the growing opportunity of 100Gbps DDoS protection solutions as customers expand their Internet connectivity, and further reinforces our view that the Juniper partnership has the potential to fuel significant contract momentum in the medium term."

Quick facts: Corero Network Security PLC

Price: 3.55 GBX

AIM:CNS
Market: AIM
Market Cap: £14.27 m
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Corero Network Security - Elevator Pitch

Ashley Stephenson, chief executive of Corero Network Security PLC (LON:CNS), pitches the company to investors. For further information visit: www.corero.com

on 30/9/19

2 min read