CYRN CYREN Ltd

SINGAPORE and MCLEAN, Va., May 7, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN), a leading provider of cloud-based security solutions, today announced it was named the recipient of two Stevie® Awards in the first annual Asia-Pacific Stevie Awards. The recognition follows the company's recent stream of partnership agreements with software vendors, service providers and distributors throughout the region. 

The cloud-based CYREN WebSecurity solution was named the winner of a Silver Stevie® Award in the "New Technology Product of the Year" category. Additionally, CYREN received a Bronze Stevie Award as "Technology Company of the Year."

The Asia-Pacific Stevie Awards are the first business awards program to recognize achievement in business in all 22 nations of the Asia-Pacific region. They are the newest of the Stevie Awards programs, which are widely considered to be the world's premier business awards, conferring recognition for achievement in the workplace in programs such as The International Business Awards for more than a decade.

Nicknamed the Stevies for the Greek word for "crowned," the awards will be presented to winners at a gala banquet at the Lotte Hotel in Seoul, South Korea on May 30. More than 300 nominations from organizations across the Asia-Pacific region were considered this year in 18 categories.

Gold, Silver and Bronze Stevie Award winners were selected by more than 50 executives around the world who participated in first-round judging the week of April 14. A second international panel of judges will choose five Grand Stevie winners from among the Gold winners in early May.  The Grand Stevie winners will be announced at the May 30^th banquet in Seoul.

"We are delighted that the Asia-Pacific Stevie Awards have debuted with such a stellar group of winners," said Michael Gallagher, president and founder of the Stevie Awards. "We look forward to celebrating the winners and presenting them their awards at the gala banquet in Seoul on May 30. We extend our most heartfelt congratulations to all of this year's Gold, Silver and Bronze Stevie Award winners."

Details about the Asia-Pacific Stevie Awards and the list of Stevie Award winners are available at www.asia.stevieawards.com.

About the Stevie® Awards
Stevie Awards are conferred in five programs: the Asia-Pacific Stevie Awards, The International Business Awards, The American Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service.  A sixth program, the German Stevie Awards, will open later this year.  Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.  Learn more about the Stevie Awards at www.StevieAwards.com.  

About CYREN WebSecurity
CYREN WebSecurity is a cloud-based Security as a Service (SecaaS) solution specifically designed for today's evolving business model. It provides 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 or watch a short video on web security.

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.

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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.  

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