MAHWAH, N.J., May 27, 2020 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced that a global tier-one service provider with operations in Latin America has adopted Radware’s DDoS attack defense and mitigation services as part of a multi-million dollar deal. Radware displaced a competitive incumbent based on its Cisco OEM relationships, superior technology, technical expertise and responsiveness to customer needs.
The service provider selected Radware to identify anomalies from infected user equipment, such as handsets and IoT devices. By identifying and controlling these infections from home and roaming subscribers, Radware can maintain the availability of the mobile packet core. It has also selected Radware to protect the data center infrastructure within its private cloud, with a DDoS solution that is powered by Radware’s DefensePro, DefenseFlow, and APsolute Vision products and services.“Service providers around the world are taking steps to bolster their security as they recognize the mounting and ever-more complex threats they face,” said Anna Convery-Pelletier, Chief Marketing Officer at Radware. “Our solutions are praised in this market due to our technical achievements and our attention to customer needs, which allow us to develop solutions for service providers like this one to shore up their infrastructure worldwide.”Radware provides both attack mitigation and cyber control for network services, edge computing, and cloud native deployments for wireless networks. Radware’s wireless strategy for service provider protection hardens key interfaces for Control Plane and User Plane traffic. Using best-of-breed Machine Learning (ML) algorithms and automation Radware is able to cost effectively scale security for the largest networks in the world. Radware partners with service providers to guarantee mitigation support with an Emergency Response Team (ERT) dedicated to defending customers under attack.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 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 Connect app for iPhone® 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 “identify anomalies from infected user equipment, such as handsets and IoT devices” or that “Radware is able to cost effectively scale security for the largest networks in the world”, these are a forward-looking statements. 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: 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; 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; 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; 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:
Deborah Szajngarten
Radware
201-785-3206
deborah.szajngarten@radware.comInvestor Relations:
Anat Earon-Heilborn
+972 723917548
ir@radware.com
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