MCLEAN, Va., May 6, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN),
a leading provider of cloud-based security solutions, today
announced that Pallas GmbH, a German managed security provider,
will offer its customers the cloud-based CYREN WebSecurity solution
as a private-labeled service.
The new reseller agreement expands upon Pallas' partnership with
CYREN that began more than seven years ago through its deployment
of security technologies offered by Commtouch, which was renamed to
CYREN earlier this year. With CYREN WebSecurity, Pallas addresses
the ever-growing Security as a Service (SecaaS) market that stands
as a significant opportunity due to the fast pace of BYOD trends
and the mobile nature of today's workforce.
"Having partnered with CYREN since 2006, we quickly identified
the cloud-based CYREN WebSecurity service as a chance for us to
more quickly serve the SecaaS market and grow our SMB business with
a proven partner," said Stephan
Sachweh, managing director at Pallas GmbH.
"CYREN WebSecurity is specifically designed to arm providers
with easily integrated cloud technology that can exponentially grow
their SMB SecaaS business," said Lior
Samuelson, CEO and chairman of the board at CYREN. "Our
expanded partnership with such a respected managed security
provider such as Pallas underscores CYREN WebSecurity's ability to
quickly address a fast-growing market by exploiting the low cost
and high utility of cloud-based security services."
About CYREN WebSecurity
CYREN WebSecurity is a
cloud-based Security as a Service (SecaaS) solution designed to
provide powerful web security on any device, anywhere. CYREN offers
white labeled versions to distributors, resellers and software
vendors, allowing them to serve organizations currently exposed to
potentially crippling Internet security risks. Delivering the low
cost and high utility of cloud-based applications, CYREN
WebSecurity is ideally suited to address explosive growth in the
SecaaS market that is fueled by BYOD trends, an increasingly mobile
workforce, and the management of information assets beyond the
boundaries of traditionally secured network perimeters. Visit
www.CYREN.com/web.
About Pallas
Pallas provides managed security services
and advises its customers with regard to IT security. Pallas
integrates and operates market-leading products from security
suppliers. Our bandwidth of performance ranges from basic
email protection up to managed operation of complete IT
infrastructures. The Pallas managed security services are certified
from German TUEV and approved in respect of German privacy
protection. Pallas was founded in 1991, and is headquartered in
Bruehl near Cologne, Germany. For
more information see www.pallas.com or write information (at)
pallas.com.
About CYREN
CYREN is a leading provider of cloud-based
security solutions that deliver powerful protection through global
data intelligence. Regardless of the device or its location,
CYREN's easily deployed web, email, and anti-malware products
deliver uncompromising protection in both embedded and Security as
a Service (SecaaS) deployments. Organizations rely on CYREN's
cloud-based threat detection and proactive security analytics to
provide up-to-date spam classifications, URL categorization and
malware detection services. The CYREN GlobalView™ Cloud Platform
leverages Recurrent Pattern Detection™ technologies to protect more
than 550 million users in 190 countries. CYREN is traded on the
NASDAQ Capital Market and the Tel Aviv Stock Exchange (TASE) under
the trading symbol "CYRN." Visit the CYREN GlobalView Security
Center or go to www.CYREN.com.
Blog: blog.CYREN.com
Facebook: www.facebook.com/CYRENweb
LinkedIn: www.linkedin.com/company/CYREN
Twitter: www.twitter.com/CYRENweb
This press release contains forward-looking statements,
including projections about our business, within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. For example, statements in the
future tense, and statements including words such as "expect,"
"plan," "estimate," "anticipate," or "believe" are forward-looking
statements. These statements are based on information available to
us at the time of the press release; we assume no obligation to
update any of them. The statements in this press release are not
guarantees of future performance and actual results could differ
materially from our current expectations as a result of numerous
factors, including business conditions and growth or deterioration
in the internet security market, technological developments,
products offered by competitors, availability of qualified staff,
and technological difficulties and resource constraints encountered
in developing new products, as well as those risks described
in the company's Annual Reports on Form 20-F and reports on Form
6-K, which are available through www.sec.gov.
CYREN EMEA
Contact
CYREN GmbH
Simone
Leyendecker
Hardenbergplatz 2
10623 Berlin, Germany
Tel.: +49 (0)30 / 52 00 56 -278
E-Mail:
simone.leyendecker@CYREN.com
www.CYREN.com
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Pallas
Contact Pallas GmbH
Stephan Sachweh
Hermülheimer Str. 8a
50321 Brühl, Germany
Tel.: +49 (0) 2232 1896 0
E-Mail: information@pallas.com
www.pallas.com
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CYREN U.S.
Investor
Contact
Monica
Gould
The Blueshirt
Group
+1 212 871
3927
monica@blueshirtgroup.com
|
CYREN Media
Contact
Matthew
Zintel
Zintel Public
Relations
+1 281 444
1590
matthew.zintel@zintelpr.com
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SOURCE CYREN