Radware and Netsync Team Up to Offer Cloud DDoS Protection Service to State, Local and Education Agencies

Rhea-AI Summary

Radware (NASDAQ: RDWR) and Netsync announced a collaboration to offer Radware's Cloud DDoS Protection Service to U.S. State, Local, and Education (SLED) agencies. This service, sold under the Netsync brand, provides enterprise-grade DDoS protection with fast detection and response to evolving threats. Netsync has trained staff to act as trusted advisors, enhancing security for educational and government institutions struggling with network security challenges. This partnership aims to ensure 24/7 access to online services while keeping data safe.

Positive

• Collaboration with Netsync expands Radware's reach into the SLED market.
• Cloud DDoS Protection Service offers advanced security features, enhancing customer confidence.
• Netsync's expertise in the SLED sector complements Radware’s technology.

Negative

• None.

MAHWAH, N.J. and HOUSTON, April 29, 2021 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, and Netsync today announced that they are bringing Radware’s Cloud DDoS Protection Service to State, Local and Education (SLED) agencies in the U.S. as part of Netsync’s offerings.

Radware's mitigation service, which will be sold under the Netsync brand, provides enterprise-grade DDoS protection in the cloud and delivers the most accurate detection and shortest time to protection from today's most dynamic and constantly evolving DDoS threats. Radware has extensively trained Netsync staff on the product, so that they can be trusted security advisors to customers.

“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 Netsync’s unmatched expertise in SLED markets, with our own DDoS mitigation expertise, will give organizations confidence that they can maintain 24x7 access to online services, and that their data will be safeguarded.”

“We’re excited to collaborate with Radware on this mutual initiative,” said Mark Lynd, Head of Digital Business – CISSP, ISSAP & ISSMP at Netsync. “Radware was the obvious party to collaborate with because it offers the widest security coverage with automated zero-day DDoS attack protection, and it’s the only cloud SSL-attack protection solution that maintains user data confidentiality.”

About Netsync
Netsync is a comprehensive technology solutions and services provider with extensive experience integrating next-gen infrastructure solutions to digitally transform organizations, including Enterprise, State and Local, Education, Financial, Healthcare, and Energy customers. As a premier distribution channel of Radware, Cisco Gold Master Partner, Okta Select, and Dell/EMC Platinum Partner, Netsync is reimagining the way we do business, building a digital future for clients today and our children tomorrow.

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.

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©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.

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 our mitigation service will be sold under the Netsync brand and that Netsync’s staff can be trusted security advisors to customers, these are 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: the impact of global economic conditions and volatility of the market for our products; natural disasters and public health crises, such as the 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; real or perceived shortcomings, defects or vulnerabilities in our solutions or if we or our end-users experience security breaches; the availability of components and manufacturing capacity; our reliance on a single managed security service provider to provide us with scrubbing center services; 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:
Maureen Shaw
Maureen.shaw@radware.com

Investor Relations:
Yisca Erez
ir@radware.com

FAQ

What new service is Radware offering through Netsync?

Radware is offering its Cloud DDoS Protection Service to State, Local, and Education agencies via Netsync.

How does the partnership with Netsync benefit Radware?

The partnership allows Radware to leverage Netsync's expertise in the SLED market, enhancing its service reach and security offerings.

What does the Cloud DDoS Protection Service provide?

It provides enterprise-grade DDoS protection with accurate threat detection and rapid response times.

When was the partnership between Radware and Netsync announced?

The partnership was announced on April 29, 2021.