MCLEAN, Va., Jan. 7, 2014 /PRNewswire/ -- Commtouch®
(NASDAQ: CTCH) announced it is operating globally under the name
CYREN, effective immediately. The company adopted its new name as
it completes its transformation into a leading provider of
cloud-based information security solutions that are specially
designed to be deployed or private labeled by customers and
partners alike.
As the global leader in real-time malware detection and
proactive data analytics, CYREN provides its worldwide partners
with relentless protection for Web, email and mobile transactions.
CYREN leverages its GlobalView™ Cloud and its patented Recurrent
Pattern Detection™ technology to deliver powerful cloud-based
information security solutions that feature the most robust
transaction base in the industry.
CYREN Web is the first service launching on the company's cloud
service infrastructure, which allows partners to deploy new
security services quickly through any ecosystem, thus opening
significant new revenue streams. CYREN Web offers the flexibility
to secure any device, anywhere from Web-borne threats. Using one of
the most intuitive management interfaces in the industry,
organizations can easily secure Internet transactions for roaming
users, smartphones and tablets. To learn more about CYREN Web,
visit the newly published website at www.cyren.com.
"This is far more than just a name change," said Lior Samuelson, chairman and chief executive
officer at CYREN. "This rebranding comes during a defining moment
for the company, as we continue our successful strategy of shifting
from a component technology company to a 'plug-and-play' complete
security solution provider. Already relied upon by many of the
world's most well-known IT brands as the 'secret sauce' in their
security solutions, CYREN's uniquely powerful detection
technologies are constantly evolving to protect against tomorrow's
threats."
The company will continue to trade as CTCH on the NASDAQ
exchange and the Tel Aviv Stock Exchange (TASE). The name and
ticker symbol for both financial markets are scheduled to change in
February and will be announced in a separate press release. Two
recently acquired businesses, Germany-based Eleven and the Iceland-based FRISK Software's antivirus unit,
have also adopted the CYREN name.
Current customers will receive the same outstanding product
support and customer service, and will benefit from the global
presence and expertise of CYREN to support not only existing but
also future information security requirements.
About CYREN
CYREN provides the world's largest service
providers and software vendors with the Internet security solutions
they need to protect billions of people and transactions. Designed
specifically to be easily deployed or private labeled by partners,
CYREN's Web, Email and Anti-Malware products provide relentless
protection on any device. CYREN's proactive analytics and
cloud-based malware detection capabilities equip its partners with
security solutions that stand out as clear differentiators in the
ever-evolving industry. Founded in 1991, CYREN is headquartered in
McLean, Virginia. Visit CYREN's
GlobalView Security Center or go to www.cyren.com.
Company
Contact:
|
Israel Investor
Relations Contact:
|
Brian Briggs, Chief
Financial Officer
|
Iris
Lubitch
|
CYREN
|
EffectiveIR
|
703.760.3444
|
+972.54.252.8007
|
brian.briggs@cyren.com
|
Iris@EffectiveIR.co.il
|
|
|
U.S. Investor
Contact:
|
Commtouch Media
Contact:
|
Monica
Gould
|
Matthew
Zintel
|
The Blueshirt
Group
|
Zintel Public
Relations
|
212.871.3927
|
281.444.1590
|
monica@blueshirtgroup.com
|
matthew.zintel@zintelpr.com
|
SOURCE Commtouch