/C O R R E C T I O N -- Corero Network Security/
Rhea-AI Summary
Corero Network Security has launched its new Network Threat Detector (NTD) 3400, a 400G hardware appliance enhancing the SmartWall ONE™ DDoS protection system. The NTD 3400 delivers four times the connectivity of previous models while consuming less than twice the power. Alongside this launch, Corero introduced a Trade-In Program offering significant discounts for customers upgrading from legacy Corero appliances or competitor solutions.
The new appliance features reduced hardware complexity, flexible deployment options, and future-proof scalability. This release follows the company's February software-based 400G solution launch, demonstrating Corero's commitment to advancing DDoS protection technology.
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News Market Reaction – DDOSF
On the day this news was published, DDOSF declined 21.62%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Customers Seeking Appliance Upgrades Can Trade in Existing Hardware
MARLBOROUGH, Mass., Oct. 24, 2024 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced the launch of its new hardware appliance, Network Threat Detector (NTD) 3400, a 400G enhancement to the SmartWall ONE™ DDoS protection appliance. The company is also introducing a new Trade-In Program, offering significant discounts to customers upgrading from legacy Corero appliances or competitor solutions making it easier to transition to the latest adaptive DDoS protection technology. The company is also introducing a new Trade-In Program, offering significant discounts to customers upgrading from legacy Corero appliances or competitor solutions, making it easier to transition to the latest adaptive DDoS protection technology.
The new NTD 3400 offers four times the connectivity of previous models with less than twice the power consumption, allowing providers and businesses to protect their networks more efficiently.
The NTD 3400 streamlines infrastructure with reduced hardware complexity, flexible deployment options, and future-proof scalability, all while defending against evolving cyber threats. This latest release continues the company's 400G rollout, which began with February's launch of their software-based solution.
"We're excited to offer both current and new customers a sustainable and cost-effective way to upgrade their DDoS protection with the NTD 3400," said Carl Herberger, CEO of Corero Network Security. "This new solution not only meets today's security needs but is also designed to scale with tomorrow's bandwidth demands. Our Trade-In Program is a testament to our commitment to helping customers stay ahead of evolving threats while maximizing their infrastructure investments."
Learn more about the NTD 3400 and Corero's Trade-In Program here.
About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB Market (OTCQB: DDOSF).