Radware Receives Frost & Sullivan Award for 2013 South Korea Application Delivery Controller Company of the Year


MAHWAH, N.J. August 1, 2013 02:00 PM

Radware recognized for technology leadership and execution capability

Radware®, (NASDAQ: RDWR), a leading provider of application delivery and application security solutions for virtual and cloud data centers, today announced that it is the proud recipient of the Frost & Sullivan Application Delivery Controller (ADC) Company of the Year in South Korea for 2013.

Radware’s ADC helps ensure the availability, performance and security of mission critical applications in physical and virtual data centers. Over the years, Radware has been at the forefront in helping Carriers, Enterprises and Government organizations in South Korea ensure their applications deliver the best quality of experience and extract more value from their IT investments.

Garnering this award further propels Radware’s continued focus to assist businesses achieve greater business agility and significant cost reduction. "It is an absolute honor to receive this highly coveted award which further endorses Radware’s leadership in ADC,” says Kevin Kim, Country Manager of Radware, Korea. “We’re very proud to be recognized for our innovation and breadth of solutions as well as the execution of our regional business and market strategy," added Kim.

The Frost & Sullivan Best Practices team of industry experts presents awards to companies demonstrating best practices in a variety of regional and global markets.  These Best Practices Awards recognize the superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer service, and mergers and acquisitions.

A host of other crucial factors such as leadership, strategy, service, innovation, integration, and development are also considered as part of the award methodology.

The companies that are commended as Best Practices Award recipients are those with the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace.

"As one of the pioneering vendors in the ADC space, Radware enjoys its reputation in both public and private sectors in South Korea. Its superb market reputation is reflected by repeat orders from existing customers when it comes to business expansion," says Misun Yoon, Research Analyst, Asia Pacific ICT Practice, Frost & Sullivan, “By providing flexible and scalable solutions that cater to the needs of Korean IT environment while enabling customers to customize the solution according to their needs, Radware’s solutions are well-received in the market. In addition, Radware has always put concerted efforts in delivering greater value to their customers. The vendor’s offering of virtual ADC solutions has positive reviews from the market, especially in mobile service providers and government sectors.”

About Radware

Radware (NASDAQ: RDWR), is a global leader of application delivery and application security solutions for virtual and cloud data centers. Its award-winning solutions portfolio delivers full resilience for business-critical applications, maximum IT efficiency, and complete business agility. Radware’s solutions empower more than 10,000 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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©2013 Radware, Ltd. All rights reserved. Radware and all other Radware product and service names are registered trademarks or trademarks of Radware in the U.S. and other countries. All other trademarks and names are property of their respective owners.

This press release may contain statements concerning Radware's future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. These statements are based on current expectations and projections that involve a number of risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from forecasts and estimates. These risks and uncertainties, as well as others, are discussed in greater detail in Radware's Annual Report on Form 20-F and Radware's other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made and 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 Securities and Exchange Commission's website at www.sec.gov or may be obtained on Radware's website at www.radware.com.

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