Corero Network Security announced a significant contract renewal and expansion with a leading US Software-as-a-Service provider, marking one of the Company's single transactions to date. The Contract, valued at over $2 million over three years, enables Corero to expand the customer's existing DDoS protection infrastructure to support its continued international growth. This Contract further reinforces Corero's strong customer retention track record, alongside highlighting the Company's ability to seamlessly support the global operations of a leading IT Service Management company ("ITSM").

This Contract significantly enhances the customer's DDoS protection infrastructure, ensuring the security and service availability of the SaaS provider's worldwide operations and reinforcing its resilience against the burgeoning range of cyberthreats.