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Radware Expands its Relationship with a Tier-1 U.S. Carrier in a Multimillion-Dollar Deal

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Radware (NASDAQ: RDWR) expands its DDoS protection and application delivery solutions through a multimillion-dollar deal with a Tier-1 U.S. carrier. This investment bolsters the carrier's defenses, ensuring enhanced application traffic management across its growing global cloud infrastructure. The carrier sought to improve security and availability while facing escalating cyber threats. Following competitive evaluations, Radware's DefensePro and Alteon solutions were selected for their advanced capabilities, which are essential for today's cloud environments.

Positive
  • Secured a multimillion-dollar deal with a Tier-1 U.S. carrier.
  • Enhanced DDoS protection with DefensePro solution.
  • Expanded application delivery capabilities with Alteon ADC.
  • Recognition as a global leader in Forrester's DDoS Mitigation report.
Negative
  • None.

Enhances DDoS protection and application delivery for growing cloud infrastructure

MAHWAH, N.J., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that it signed a multimillion-dollar deal expansion with a Tier-1 U.S. carrier. The industry leading carrier is increasing its Radware security defenses to further safeguard and manage application traffic across its growing global cloud infrastructure.

Infrastructure transformation, new technologies, and the race for better customer experiences have placed new cybersecurity demands on carriers at a time when they are facing unprecedented levels of threats. As this carrier continues to advance its global cloud infrastructure, it wanted to create added flexibility and control in migrating its applications, ensure availability, and further protect its cloud traffic from DDoS attacks. After a rigorous competitive testing process, the carrier chose to expand its investment in Radware’s DefensePro® DDoS Protection solution and Alteon® Application Delivery Controllers (ADC).

“Our state-of-the-art technology continues to win us more business from the world’s leading carriers as they build out new cloud-based data centers, and 5G and next-generation networks,” said Jerry Nichols, vice president of carrier sales at Radware. “In head-to-head competitions, Radware has demonstrated that we have the application delivery and cloud security that carriers require to protect complex cloud environments and meet high traffic load expectations.”

Radware’s next-generation Alteon ADC is an advanced network load balancer that guarantees application service-level agreements. It provides advanced, end-to-end local and global load balancing capabilities for web, cloud, and mobile applications. To reduce operational costs, a single Global Elastic Licensing subscription enables Alteon to seamlessly scale application delivery and security services across any private data center, or public and private cloud based on consumption changes.

Part of Radware’s attack mitigation solution, DefensePro provides automated DDoS defense and protection from fast-moving, high-volume, encrypted, or very-short-duration threats. It defends against IoT-based, Burst, DNS, and TLS/SSL attacks, ransom DDoS campaigns, IoT botnets, phantom floods, and other types of cyberattacks. Radware was recognized as a global leader in Forrester’s report, “The Forrester Wave™: DDoS Mitigation Solutions, Q1 2021.”

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 the Radware website.

Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, Twitter, YouTube, and Radware Mobile for iOS and Android.

©2022 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.

Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

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.

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 Radware’s next-generation Alteon ADC is an advanced network load balancer that guarantees application service-level agreements, we are using 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: 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:
Gerri Dyrek
Radware
Gerri.Dyrek@radware.com


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