AppDirector 504 powered by OnDemand Switch meets high transaction rate, per second, high availability, best response time for online information distribution
Radware (NASDAQ:RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that Hong Kong Mercantile Exchange (“HKMEx”) has deployed Radware’s AppDirector 504 – OnDemand Switch with its full featured IPS functionality and protection capabilities including DoS shield, behavioral DoS and bandwidth management.
HKMEx is a newly established commodities exchange in Hong Kong. As a bridge for the international commodities markets with China, HKMEx provides an efficient and transparent pricing platform for end-users and the global trading community to trade tailor-made contracts, hedge pricing risks in China and across the region. With the new platform, HKMEx offers competitive transactions costs and ultimately increase participation with Chinese commodities traders.
In the last year, HKMEx hired Red Jasper, a business and technology consultant, to select a high-performance platform capable of being scalable to meet its business growth demands. At the same time, the platform was not to compromise performance or security. After a thorough assessment, Radware’s OnDemand Switch with its full feature IPS capabilities was chosen amongst platforms.
“We selected Radware’s OnDemand Switch as we were impressed by its exceptional performance especially concerning long-term scalability, creating unique business benefits and protection of our technology investment,” said Mr. Kevin B. Iwanaga, Chief Technology Officer of HKMEx. "We are glad to have partnered with Radware and Red Jasper as they can deliver top-of-the-line hardware and software integration services, which will provide a secure online environment.”
Mr. Bernard Tan, Principal Consultant of Red Jasper, said “We examined and compared the products available in the market and Radware’s OnDemand Switch delivers the breakthrough performance and scalability needed in today’s evolving market. It is also able to detect and react against network or server attacks in real-time. “Both Radware’s Layer 4-7 performance in load balancing and comprehensive security features are unprecedented in the market and play an important role in helping us to deliver on customers’ objectives,” Mr. Tan continued.
“Our OnDemand Switch was designed with customers in mind,” said Maurice Wong, Country Manager, Radware, Hong Kong. “Based on innovative architecture and an easily upgradeable license approach, customers will be able to scale easily with no need to swap out existing equipment. This results in the ability of our customers to easily meet their network and business needs more efficiently and effectively, avoiding unnecessary project migration downtime, extra costs and risks.”
About Hong Kong Mercantile Exchange
Hong Kong Mercantile Exchange (“HKMEx”) has been founded on June 25, 2008 with the objective of bridging the international commodities markets with China through an efficient and transparent pricing platform for end-users and the global trading community. The company was founded on the conviction that state of the art trading systems would be built from Internet-enabled, secure platform. With the electronic trading platform on commodities, HKMEx allows customers to trade tailor-made contracts, hedge pricing risks in china and across the region, lower transactions costs and increase participation by Chinese commodities traders. HKMEx operates from Hong Kong headquarters and trading expected to commence in the first quarter of 2009.
About Red Jasper
Red Jasper is a business and technology consultant, providing premium industry-tailored solutions, as well as information, advice and opinions based on advanced research and analytics techniques in logistics and supply chain management. The Red Jasper team of highly qualified consultants and developers utilizes advanced research to fuel continuous innovation in the markets they serve, helping client organizations to manage technology change initiatives, optimize operations, and collaborate alongside them to achieve high performance and an accelerated return on their investments.
About Radware
Radware (NASDAQ:RDWR), the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for more than 5,000 enterprises and carriers worldwide. With APSolute™, Radware's comprehensive and award-winning suite of intelligent front-end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit www.radware.com.
This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.