Corero Network Security plc announced an important strategic partnership with TechEnabler. The Partnership will enable Corero to expand its Latin American footprint, which is a key focus of the Company's overarching growth strategy, as it aims to provide unparalleled DDoS protection across corporate and communications provider networks in Brazil and the broader LATAM region. Leveraging TechEnabler's extensive network and technical expertise, the Partnership will enable Corero to deploy its SmartWall ONE platform to new customers, offering robust defence mechanisms against the evolving landscape of DDoS attacks and ransom threats.

This Partnership is underpinned by a revenue-sharing model, ensuring mutual benefits and success from both organizations' combined efforts. The Partnership has already secured Corero a product and services deal in excess of $1 million, the Company's ever contract in the LATAM region, showcasing the unique capabilities of TechEnabler's Local Scrubbing-as-a-Service ("LSaaS") offering, using Corero's technology. The service is designed to deliver zero latency and precise traffic management, setting new standards in DDoS mitigation.

Corero and TechEnabler's combined offerings will be showcased at the 14th Brazilian Association of Internet and Telecommunications Service Providers ("ABRINT") National Meeting in Sao Paulo, Brazil, from 12-14 June 2024, marking a significant milestone in commitment to securing the digital landscape in Brazil and LATAM.