New Customer Everstream & Key Contract Renewal

Corero (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service ("DDoS") protection specialists, is pleased to announce it has secured a new contract win with Everstream, the leading provider of fibre connectivity services for businesses across Ohio and the Midwest USA.

Corero was successful in securing the new contract win through a competitive tender process by demonstrating a strong understanding of the Everstream model, and offering a SmartWall ONE™ solution that not only enhances Everstream's DDoS protection but enables the business to generate its own revenue stream by providing Corero's SmartWall ONE solution to its own customers.

In addition, Corero has secured the three-year renewal of a key customer, a top-tier DDoS cloud scrubbing provider, which uses the Company's technology to support its DDoS protection services worldwide. The combined total contract value across both contract wins is $0.8 million.

Carl Herberger, CEO of Corero, commented:

"We are delighted to partner with Everstream at an exciting time for both companies. We have worked closely with the Everstream team to understand their requirements and build a curated solution that elevated us above our competition and will deliver significant value for the customer.

Securing another key customer renewal for an additional three years is further evidence of our robust customer retention capabilities and reaffirms the market-leading position of our SmartWall ONE technology."

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