Radware® (NASDAQ: RDWR), a leading provider of cyber security
and application delivery solutions, today announced that it signed
a multimillion-dollar deal expansion with a Tier-1 U.S. carrier.
The industry leading carrier is increasing its Radware security
defenses to further safeguard and manage application traffic across
its growing global cloud infrastructure.
Infrastructure transformation, new technologies,
and the race for better customer experiences have placed new
cybersecurity demands on carriers at a time when they are facing
unprecedented levels of threats. As this carrier continues to
advance its global cloud infrastructure, it wanted to create added
flexibility and control in migrating its applications, ensure
availability, and further protect its cloud traffic from DDoS
attacks. After a rigorous competitive testing process, the carrier
chose to expand its investment in Radware’s DefensePro® DDoS
Protection solution and Alteon® Application Delivery Controllers
(ADC).
“Our state-of-the-art technology continues to win us more
business from the world’s leading carriers as they build out new
cloud-based data centers, and 5G and next-generation networks,”
said Jerry Nichols, vice president of carrier sales at Radware. “In
head-to-head competitions, Radware has demonstrated that we have
the application delivery and cloud security that carriers require
to protect complex cloud environments and meet high traffic load
expectations.”
Radware’s next-generation Alteon ADC is an advanced network load
balancer that guarantees application service-level agreements. It
provides advanced, end-to-end local and global load balancing
capabilities for web, cloud, and mobile applications. To reduce
operational costs, a single Global Elastic Licensing subscription
enables Alteon to seamlessly scale application delivery and
security services across any private data center, or public and
private cloud based on consumption changes.
Part of Radware’s attack mitigation solution, DefensePro
provides automated DDoS defense and protection from fast-moving,
high-volume, encrypted, or very-short-duration threats. It defends
against IoT-based, Burst, DNS, and TLS/SSL attacks, ransom DDoS
campaigns, IoT botnets, phantom floods, and other types of
cyberattacks. Radware was recognized as a global leader in
Forrester’s report, “The Forrester Wave™: DDoS Mitigation
Solutions, Q1 2021.”
About RadwareRadware® (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 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 the Radware website.
Radware encourages you to join our community and follow us on:
Facebook, LinkedIn, Radware Blog, Twitter, YouTube, and Radware
Mobile for iOS and Android.
©2022 Radware Ltd. All rights reserved. Any 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/. All other
trademarks and names are property of their respective owners.
Radware believes the information in this document is accurate in
all material respects as of its publication date. However, the
information is provided without any express, statutory, or implied
warranties and is subject to change without notice.
The contents of any website or hyperlinks mentioned in this
press release are for informational purposes and the contents
thereof are not part of this press release.
Safe Harbor Statement This press release
includes “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Any statements
made herein that are not statements of historical fact, including
statements about Radware’s plans, outlook, beliefs, or opinions,
are forward-looking statements. Generally, forward-looking
statements may be identified by words such as “believes,”
“expects,” “anticipates,” “intends,” “estimates,” “plans,” and
similar expressions or future or conditional verbs such as “will,”
“should,” “would,” “may,” and “could.” For example, when we say
that Radware’s next-generation Alteon ADC is an advanced network
load balancer that guarantees application service-level agreements,
we are using a forward-looking statement. 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; natural disasters and public health crises, such
as the coronavirus disease 2019 (COVID-19) pandemic; our ability to
expand our operations effectively; timely availability and customer
acceptance of our new and existing solutions; risks and
uncertainties relating to acquisitions or other investments; 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; intense competition
in the market for cyber security and application delivery solutions
and in our industry in general, and changes in the competitive
landscape; changes in government regulation; outages,
interruptions, or delays in hosting services or our internal
network system; compliance with open source and third-party
licenses; the risk that our intangible assets or goodwill may
become impaired; our dependence on independent distributors to sell
our products; long sales cycles for our solutions; changes in
foreign currency exchange rates; undetected defects or errors in
our products or a failure of our products to protect against
malicious attacks; the availability of components and manufacturing
capacity; the ability of vendors to provide our hardware platforms
and components for our main accessories; our ability to protect our
proprietary technology; intellectual property infringement claims
made by third parties; changes in tax laws; our ability to realize
our investment objectives for our cash and liquid investments; our
ability to attract, train, and retain highly qualified personnel;
and other factors and risks over 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, refer to Radware’s Annual Report on Form 20-F, filed 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:Gerri
DyrekRadwareGerri.Dyrek@radware.com
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