MAHWAH, N.J., July 09, 2019 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that it signed a three-year, multi-million dollar hybrid cloud DDoS protection deal with a global enterprise SaaS provider. The customer relies on Radware’s DefensePro®, Alteon®, Cloud DDoS Protection Service and SSL protection across more than 30 of its data centers worldwide with a fully managed solution by Radware’s highly trained Emergency Response Team, including rapid-response solutions during major attacks.

Anna Convery- Pelletier, Chief Marketing Officer for Radware said, “This SaaS provider helps companies of all sizes and industries perform at optimal efficiency with critical cloud-based tools that support business planning, sales, human resources, finance and accounting functions.  It processes massive data volumes, and its business is rapidly growing.  The customer turned to Radware to help scale its operations, lower operating expenses, and provide a wide breadth of coverage and protection based on a history of trust, and Radware’s proven track record in comprehensive hybrid-cloud attack mitigation.”

“Radware maintains direct relationships with many of the world’s top SaaS providers, which have come to increase their reliance on our solutions,” said Roy Zisapel, CEO of Radware. “Our industry leading data center security capabilities, ability to detect and respond automatically, flexible deployment options and customer centric approach allow us to become strategic to their operations.  Our hybrid DDoS solution enabled this customer to scale its attack mitigation protection along with its business growth.”

Radware’s family of DDoS security solutions provides integrated application and network security for a best of breed, multi-layered security architecture and DDoS attack prevention. The solutions provide the highest protection accuracy with patent-protected behavioral based detection to protect legitimate traffic and real-time signature creation for zero-day attack protection. Radware’s hybrid DDoS protection integrates always-on detection and mitigation (on-premises or in the cloud) with cloud-based volumetric DDoS attack prevention, scrubbing, and 24x7 Emergency Response Team (ERT) support. Radware’s Defense SSL protection supports all types of encrypted attacks, inkling TCP SYN Floods, SSL Negotiation Floods, HTTPS Floods, and Encrypted Web Attacks.

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.

Radware encourages you to join our community and follow us on: FacebookLinkedInRadware Blog, TwitterYouTubeRadware Connect app for iPhone® and our security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.

©2019 Radware Ltd. All rights reserved. The 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 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.” 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: timely availability and customer acceptance of our new and existing products; 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; 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;  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.com

Investor Relations:
Anat Earon-Heilborn
+972 723917548
ir@radware.com