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Corero Network Security Reports Strong Q4 Momentum with New Business and Upsell Growth Across Key Regions

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Corero Network Security (AIM: CNS) (OTCQX: DDOSF) announced significant customer wins and expanded engagements in Q4 2024, strengthening its position in DDoS protection. The company secured new partnerships in Texas, USA, and Iceland, while deepening relationships across government, cloud services, telecommunications, and aerospace sectors. Notable developments include a major equipment upgrade commitment from a long-term European government client and selection by a prominent aerospace organization for DDoS protection services.

Corero Network Security (AIM: CNS) (OTCQX: DDOSF) ha annunciato importanti acquisizioni di clienti e impegni ampliati nel quarto trimestre del 2024, consolidando la sua posizione nella protezione DDoS. L'azienda ha stretto nuove partnership in Texas, USA, e in Islanda, mentre ha approfondito le relazioni nei settori governativo, dei servizi cloud, delle telecomunicazioni e dell'aerospaziale. Tra gli sviluppi notevoli vi è un importante impegno di aggiornamento delle attrezzature da parte di un cliente governativo europeo di lungo termine e la selezione da parte di un'organizzazione aerospaziale di primo piano per i servizi di protezione DDoS.

Corero Network Security (AIM: CNS) (OTCQX: DDOSF) anunció importantes adquisiciones de clientes y relaciones ampliadas en el cuarto trimestre de 2024, fortaleciendo su posición en la protección DDoS. La compañía aseguró nuevas asociaciones en Texas, EE. UU., e Islandia, mientras profundizaba relaciones en los sectores gubernamental, servicios en la nube, telecomunicaciones y aeroespacial. Entre los desarrollos notables se incluye un importante compromiso de actualización de equipos por parte de un cliente gubernamental europeo de larga data y la selección de una organización aeroespacial prominente para los servicios de protección DDoS.

Corero Network Security (AIM: CNS) (OTCQX: DDOSF)는 2024년 4분기에 중요한 고객 유치와 확장된 참여를 발표하며 DDoS 보호에서의 입지를 강화했다고 전했습니다. 이 회사는 미국 텍사스와 아이슬란드에서 새로운 파트너십을 체결했으며, 정부, 클라우드 서비스, 통신 및 항공우주 부문 전반에서 관계를 심화했습니다. notable한 발전으로는 장기 유럽 정부 고객으로부터의 주요 장비 업그레이드 약속과 저명한 항공우주 조직에 의해 DDoS 보호 서비스로 선정된 것이 포함됩니다.

Corero Network Security (AIM: CNS) (OTCQX: DDOSF) a annoncé d'importantes acquisitions de clients et des engagements élargis au quatrième trimestre 2024, renforçant ainsi sa position dans la protection DDoS. La société a sécurisé de nouveaux partenariats au Texas, aux États-Unis, et en Islande, tout en approfondissant ses relations dans les secteurs gouvernemental, des services cloud, des télécommunications et de l'aérospatiale. Parmi les développements notables, on trouve un engagement majeur en matière de mise à niveau d'équipements de la part d'un client gouvernemental européen de longue date et la sélection par une organisation aérospatiale de premier plan pour des services de protection DDoS.

Corero Network Security (AIM: CNS) (OTCQX: DDOSF) hat im vierten Quartal 2024 bedeutende Kundenakquisitionen und erweiterte Engagements bekannt gegeben, wodurch seine Position im Bereich DDoS-Schutz gestärkt wird. Das Unternehmen sicherte sich neue Partnerschaften in Texas, USA, und Island, während es die Beziehungen in den Bereichen Regierung, Cloud-Dienste, Telekommunikation und Luftfahrt vertiefte. Zu den bemerkenswerten Entwicklungen gehört ein bedeutendes Engagement zur Aufrüstung von Geräten durch einen langfristigen europäischen Regierungsauftraggeber sowie die Auswahl durch eine prominente Luftfahrtorganisation für DDoS-Schutzdienste.

Positive
  • Secured multiple new customer partnerships in North America and Europe
  • Expanded existing client relationships across multiple sectors
  • Major equipment upgrade deal with long-term European government client
  • New contract with prominent aerospace organization
Negative
  • None.

Global client expansion and deepened partnerships drive Corero's continued growth in cyber defense.

MARLBOROUGH, Mass., Nov. 14, 2024 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced a series of significant customer wins and expanded engagements with existing clients, underscoring continued growth and customer loyalty across multiple regions. These achievements further strengthen Corero's position as a trusted provider to both new and long-standing customers worldwide.

In recent weeks, Corero has expanded its client base, securing multiple new partnerships with prominent customers across North America and Europe. Notably, new clients in Texas, USA, and Iceland have chosen Corero's advanced DDoS protection solutions further affirming the company's reputation as a global leader in safeguarding critical infrastructure against evolving cyber threats.

Corero has also deepened its relationships with key clients across government, cloud services, telecommunications, and aerospace. Among these, a longstanding European government client—a partner for over a decade—recently committed to an extensive equipment upgrade, reinforcing Corero's role as a trusted provider of essential security solutions for public sector operations. Additionally, a prominent organization in the aerospace sector selected Corero for advanced DDoS protection, underscoring the company's value in delivering robust protection for mission-critical environments where service availability is paramount.

"Q4 continues our momentum with new customer acquisitions and strategic growth among existing clients across key global regions," said Carl Herberger, Chief Executive Officer at Corero Network Security. "Our ability to win new logos while strengthening ties with trusted partners underscores the confidence our clients place in us to protect their critical operations."

About Corero Network Security

Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers 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).

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SOURCE Corero Network Security

FAQ

What new regions did Corero Network Security (DDOSF) expand into in Q4 2024?

Corero Network Security expanded into Texas, USA, and Iceland with new customer partnerships in Q4 2024.

Which sectors did Corero Network Security (DDOSF) secure new partnerships in during Q4 2024?

Corero secured partnerships across government, cloud services, telecommunications, and aerospace sectors.

What major contract did Corero Network Security (DDOSF) secure with its European government client?

A long-standing European government client committed to an extensive equipment upgrade with Corero.

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