RADWARE SELECTED BY MAJOR BUSINESS INFORMATION PROVIDER TO SUPPORT INCREASED CAPACITY NEEDS FROM SWITCH TO REMOTE WORK
March 31 2020 - 6:00AM
Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, today announced that a long-term
customer, a major business information provider, has invested in
additional application delivery solutions to support a rapid
increase in traffic due to a combination of a surge in data
consumption and the transition of 17,000 of its employees to a
remote work environment as a result of the global pandemic crisis.
“As a provider of real-time information and
data, this company is committed to seamless customer experience and
cannot afford to be negatively impacted by capacity limits at times
of amplified activity,” said Roy Zisapel, Radware Chief Executive
Officer. “In times of crisis, this company turned to Radware
based on the trust built from a longstanding relationship and
proven track record.”
Radware’s Alteon™ is a next-generation
application delivery controller (ADC) that provides advanced,
end-to-end local and global load balancing capabilities for all
web, cloud, and mobile-based applications. Alteon load balancers
combine best-of-breed application delivery capabilities,
market-leading SSL performance that supports all of the latest
encryption protocols and advanced services to companies with
ongoing application lifecycle management challenges that impact the
performance of web applications (such as heavy, complex web
content), mobility, and the migration to the cloud.
About Radware
Radware® (NASDAQ: RDWR), is a global leader of
cyber security and application delivery solutions for physical,
cloud, and software defined data centers. Its award-winning
solutions portfolio secures the digital experience by providing
infrastructure, application, and corporate IT protection and
availability services to enterprises globally. Radware’s solutions
empower more than 12,500 enterprise and carrier customers worldwide
to adapt to market challenges quickly, maintain business continuity
and achieve maximum productivity while keeping costs down. For more
information, please visit www.radware.com.
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Radware products and solutions mentioned in this press release are
protected by trademarks, patents and pending patent applications of
Radware in the U.S. and other countries. For more details please
see: https://www.radware.com/LegalNotice/.
Safe Harbor Statement This
press release may contain statements concerning Radware’s future
prospects that are “forward-looking statements” under the Private
Securities Litigation Reform Act of 1995. Statements preceded by,
followed by, or that otherwise include the words "believes,"
"expects," "anticipates," "intends," "estimates," "plans," and
similar expressions or future or conditional verbs such as "will,"
"should," "would," "may" and "could" are generally forward-looking
in nature and not historical facts. Because such statements deal
with future events, they are subject to various risks and
uncertainties and actual results, expressed or implied by such
forward-looking statements, could differ materially from Radware's
current forecasts and estimates. Factors that could cause or
contribute to such differences include, but are not limited to: the
impact of global economic conditions and volatility of the market
for our products; changes in the competitive landscape; inability
to realize our investment objectives; timely availability and
customer acceptance of our new and existing products; risks and
uncertainties relating to acquisitions; the impact of economic and
political uncertainties and weaknesses in various regions of the
world, including the commencement or escalation of hostilities or
acts of terrorism and natural disasters and public health crises,
such as the impact of the recent coronavirus outbreak; intense
competition in the market for Application Delivery and Network
Security solutions and our industry in general; and other factors
and risks on which we may have little or no control. This list is
intended to identify only certain of the principal factors that
could cause actual results to differ. For a more detailed
description of the risks and uncertainties affecting Radware,
reference is made to Radware’s Annual Report on Form 20-F, which is
on file with the Securities and Exchange Commission (SEC) and the
other risk factors discussed from time to time by Radware in
reports filed with, or furnished to, the SEC. Forward-looking
statements speak only as of the date on which they are made and,
except as required by applicable law, Radware undertakes no
commitment to revise or update any forward-looking statement in
order to reflect events or circumstances after the date any such
statement is made. Radware’s public filings are available from the
SEC’s website at www.sec.gov or may be obtained on Radware’s
website at www.radware.com.
Media Contacts:Deborah
SzajngartenRadware201-785-3206deborah.szajngarten@radware.com
Investor Relations:Anat Earon-Heilborn+972
723917548ir@radware.com
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