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Involta and Radware Join Forces to Deliver DDoS Protection for Healthcare, Manufacturing, and Financial Services Enterprises

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Radware (NASDAQ: RDWR) announced a partnership with Involta to implement its DDoS Protection Service across various sectors including healthcare and finance. This deployment enhances Involta's security offerings, regarded as a leader in DDoS protection by Forrester Research. The partnership leverages Involta's expertise in IT solutions, boosting its capacity to combat sophisticated threats. The DDoS mitigation service aims to ensure continuous online access and safeguard sensitive data. Notably, the revenue recognition from this partnership is uncertain and based on customer experiences.

Positive
  • Partnership with Involta enhances Radware's market reach in sectors like healthcare and finance.
  • DDoS Protection Service ranked as a leader by Forrester Research supports credibility.
  • Involta's expertise in IT solutions strengthens the service offering.
Negative
  • Uncertainty around the timing and level of revenue recognition from the partnership.

MAHWAH, N.J. and CEDAR RAPIDS, Iowa, June 15, 2021 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, and Involta, a top hybrid IT, cloud computing, and data center services company, today announced a recent partnership to deploy Radware’s DDoS Protection Service to vital organizations nationwide.

As an addition to Involta’s existing robust suite of security offerings, Radware’s DDoS Protection Service — recently ranked as a Leader in DDoS protection by Forrester Research — will expand the company’s ability to meet rigorous security requirements across healthcare, manufacturing, financial services, and beyond.

Involta, a premier Radware partner, was recently recognized on CRN’s 2021 Managed Service Provider (MSP) 500 list in the Security 100 category. With extensive experience performing large-scale implementations and deploying complex IT solutions, Involta provides some of the nation’s top healthcare, manufacturing, and financial services brands with innovative security toolsets and expertly architected strategies.

Radware’s mitigation service, which will be sold under the award-winning Involta brand, provides enterprise-grade DDoS protection. The service also delivers the most accurate detection and shortest time to protection against today’s most dynamic and damaging DDoS threats. Through extensive training from Radware, Involta is well-positioned as a trusted advisor on this next-generation security service.

“The dichotomy of maintaining network security while also preserving communication and the free exchange of information presents educational and government institutions with a unique set of obstacles,” said Raffi Kesten, Chief Business Officer, Radware. “The combination of Involta’s unmatched expertise in SLED markets with our own DDoS mitigation expertise will give organizations full confidence that they can maintain 24x7 access to online services and that their data will be fully safeguarded.”

“As organizations across the industries continue to face sophisticated threats, it’s vital that they have the most advanced defenses and services available on the market today,” said Annalea Ilg, CISO, Involta. “Our partnership with Radware offers the widest security coverage with automated zero-day DDoS attack protection.”

IMPORTANT NOTE: The announcement of any particular selection or implementation of Radware solutions is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. References to customer successes are based upon a single user experience and such customer's testimonial.

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 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, and Radware Mobile for iOS and Android.

©2021 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.

* 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.

About Involta
Involta, an award-winning national IT service provider and consulting firm, orchestrates digital transformation journeys by using well-defined and rigorous processes to deliver hybrid cloud solutions, consulting, and data center services tailored to their clients’ business drivers. By pairing strategic consulting with the unique ability to leverage owned colocation facilities and infrastructure assets, Involta empowers businesses across the country with the security and reliability they require.

Involta’s ongoing mission to help clients optimize performance begins with partnership. The personalized approach starts with understanding its clients’ needs and earning their trust to ultimately deliver Superior Infrastructure and Services, Operational Excellence, and People Who Deliver, in keeping with the brand promise. Involta provides clients with the power to transform their technology and the freedom to focus on their core business.

Follow Involta: Twitter, LinkedIn, and Facebook.

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: 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:
Joel Arabia
Radware
joel.arabia@radware.com

JSA
Involta
jsa_involta@jsa.net


FAQ

What recent partnership did Radware (RDWR) announce?

Radware announced a partnership with Involta to deploy its DDoS Protection Service.

How does Radware's DDoS Protection Service benefit Involta?

The service enhances Involta's security offerings, addressing sophisticated threats across various industries.

What sectors will benefit from Radware's DDoS Protection Service implementation?

The service will be deployed in healthcare, manufacturing, financial services, and more.

Is there any certainty about revenue recognition from Radware's partnership with Involta?

No, the announcement does not guarantee the timing or amount of revenue recognition.

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