MAHWAH, N.J., Feb. 04, 2020 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced that a Fortune 500 multinational pharmaceutical and life sciences company has purchased a global subscription to Radware’s Always-On Cloud DDoS Protection Service and its Cloud Web Application Firewall (WAF) Service in a multi-million dollar, multi-year subscription deal.
Radware displaced multiple incumbent vendors in the deal after the customer opted for a single, comprehensive cloud security service that will protect the customer’s more than 20 data centers and thousands of web applications worldwide. This new customer chose Radware because of its complete cloud security offering, including global cloud DDoS and application protection, its superior technology, and its working relationship with global systems integrators that allowed it to quickly implement Radware’s cloud security services.“We recognized from the outset that the key to this deal was being able to manage the complexity and scale of this customer’s data centers and web applications,” said Haim Zelikovsky, Vice President of Cloud Services Business for Radware. “We immediately developed an excellent working relationship with this company’s global systems integrator to deliver superior protection and service from day one.” Radware’s Always-On Cloud DDoS Protection Service uses Radware’s global network of cloud security points of presence to deliver protection from advanced and next-generation DDoS attacks with the lowest latency possible. The solution is prized for its accuracy of attack detection, short time to protection, and proactive management by Radware security experts.Radware’s Cloud WAF Service provides enterprise-grade, continuously adaptive web application security protection. Based on Radware’s ICSA Labs certified, market-leading web application firewall technology, it provides full coverage of OWASP Top-10 threats and automatically adapts protections to evolving threats and protected assets.About RadwareRadware® (NASDAQ: RDWR), is a global leader of cybersecurity 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.Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, Twitter, YouTube, Radware Mobile for iOS and Android, and our security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.©2020 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.Safe Harbor StatementThis 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 “will protect the customer’s more than 20 data centers and thousands of web applications worldwide”, this is 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: outages, interruptions or delays in hosting services or our internal network system; undetected defects or errors in our products or a failure of our products to protect against malicious attacks; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; 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.comMedia Contacts:
Deborah Szajngarten
Radware
201-785-3206
deborah.szajngarten@radware.com
Investor Relations:
Anat Earon-Heilborn
+972 723917548
ir@radware.com
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