7 March 2024
Corero Network Security
plc
("Corero"
or the "Company")
Expansion of Strategic
Partnership with Ingecom Ignition
Distribution Agreement to
Deepen Corero's Italian Market Presence
Corero Network Security (AIM: CNS)
(OTCQB: DDOSF), the specialists in distributed denial of service
("DDoS") protection solutions, announces the expansion of its
successful partnership with Exclusive Networks' Ingecom Ignition
("Ingecom"), a Value-Added Distributor ("VAD") and cybersecurity
solutions specialist, by signing a distribution agreement for the
Italian market.
Corero has marketed its DDoS
protection solutions in both Spain and Portugal since 2021 through
its partnership with Ingecom, facilitating the Company's growth in
Southern Europe. The extension of this partnership provides Corero
with a platform to offer its cutting-edge cybersecurity solutions
to the Italian market whilst strengthening the commercial
relationship between the two companies.
Carl Herberger, Chief Executive Officer at
Corero, commented:
"We are delighted to expand our commercial relationship with
Ingecom and look forward to working alongside our trusted partner
to help safeguard organisations across Italy from highly disruptive
and potentially reputation-damaging cyberattacks through the
provision of our market-leading DDoS protection
solutions.
EMEA is a key region for Corero and integral to our
overarching global expansion strategy. By continuing to harness the
local expertise and extensive distribution network of Ingecom, we
aim to explore and capitalise on further sales opportunities to
broaden our reach within EMEA."
Javier Modúbar, CEO of Ingecom Ignition,
commented:
"We have selected Corero as our partner because of their
leadership in preventing DDoS attacks. To address this threat, we
sought a vendor that could effectively cover DDoS attacks within
our portfolio, and we believe Corero is the ideal
choice."
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 OTCQB
market (OTCQB: DDOSF).
About Ingecom Ignition
Ingecom Ignition, a company of
Exclusive Networks, is a Value-Added Distributor (VAD) specialised
in IT cybersecurity, OT/ICS and IXoT cybersecurity, and cyber
intelligence, founded in 1996 in Bilbao. With offices in Bilbao,
Madrid, Lisbon, and Milan, and presence in Barcelona and Rome, it
serves Spain, Italy, and Portugal. Currently, Ingecom employs about
fifty workers. The objective of Ingecom Ignition is to provide
proven and approved solutions to system network and security
integrators, in addition to being in constant contact with new
technologies, so that any technological evolution can be applied to
customers as soon as possible.
Enquiries:
Corero Network Security plc
|
Tel: +44(0)20 7390
0230
|
Carl Herberger, Chief Executive
Officer
|
|
Phil Richards, Chief Financial Officer
|
|
|
|
Canaccord Genuity Limited (Nominated Adviser and
Broker)
|
Tel: +44(0)20 7523 8000
|
Simon Bridges
/ Andrew Potts / Harry Rees
|
|
|
|
Vigo
Consulting
|
Tel: +44(0)20 7390 0230
|
Jeremy Garcia / Kendall
Hill
|
|
corero@vigoconsulting.com
|
|
For more information,
visit www.corero.com,
and follow us on LinkedIn and Twitter.
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