Corero Network Security PLC (LON:CNS) saw its shares jump today on news it has landed two deals worth US$400,000 in total for an Intel extension of software that prevents distributed denial of service attacks (DDoS).
In afternoon trading, Corero shares were 5.9%, or 0.38p higher at 6,75p.
The two unnamed North American customers for its SmartWall Threat Defense System 100Gbps product are described respectively as a hosting provider and a service provider.
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The new product, launched recently, provides real-time DDoS protection at 100 gigabits per second – hence the name.
"These customer wins mark an important milestone for our SmartWall product,” said Corero president Andrew Lloyd.
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“We see growing adoption of 100Gbps connections, which in turn is driving demand for our SmartWall NTD1100 product.”
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