Customer Win - Forte Telecom
Corero wins $1.2m three-year DDoS protection contract with Forte Telecom in Brazil.
- Contract value $1.2 million
- Contract duration three years
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Corero (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service ("DDoS") protection specialists, is pleased to announce a major new customer and strategic regional partner Forte Telecom, one of the largest telecommunications providers in the state of Rio de Janeiro, Brazil (the "Contract").
This DDoS protection as-a-service Contract, worth $1.2 million across three years, marks a significant win for Corero and reinforces the Company's position as a trusted provider of DDoS protection solutions in the region.
At the core of this deployment is Corero's newly released 400G appliance, which will deliver industry-leading DDoS protection while streamlining operations to meet Forte's evolving needs. By reducing hardware and operational complexity, Corero's solution offers significant cost savings and future-proof scalability, enabling Forte to handle growing bandwidth demands and defend against increasingly sophisticated threats.
The Contract was signed in December 2024, with revenues falling into the Company's next three financial years.
Carl Herberger, Chief Executive Officer at Corero, commented:
"I am pleased to announce this new deal with Forte, a strategically important customer acquisition for Corero as we aim to further consolidate our reputation as a leading provider of DDoS protection and mitigation services in Latin America.
We are excited to provide Forte with a cutting-edge solution that not only delivers proven, reliable DDoS protection but also adapts and scales to support the business as it continues to grow across Brazil."
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