Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that its 2007 Annual General Meeting of Shareholders will be held on Tuesday, July 10, 2007, at 3:00 p.m. (Israel time), at the offices of the Company, 22 Raoul Wallenberg Street, Tel Aviv 69710, Israel. The record date for the meeting is June 11, 2007. Radware will send to its shareholders of record a proxy statement describing the various matters to be voted upon at the meeting, along with a proxy card enabling them to indicate their vote on each matter. Radware will also file the proxy statement with the Securities and Exchange Commission (SEC).
The agenda of the meeting is as follows:
- To re-elect Mr. Roy Zisapel and to elect Mr. Herbert Anderson as Class II directors of the Company until the annual general meeting of shareholders to be held in 2010;
- To re-appoint the Company's auditors, and to authorize the Board of Directors to delegate to the Audit Committee the authority to fix the remuneration of the auditors in accordance with the volume and nature of their services.
- To approve compensation and grant of stock options to the Executive Chairman of the Board of Directors;
- To approve the grant of stock options to the Chief Executive Officer of the Company; and
- To ratify and approve terms of procurement of directors and officers' liability insurance policy.
In addition to adopting the above resolutions, it is proposed that at the Annual General Meeting the Company will:
- Present and discuss the financial statements of the Company for the year ended December 31, 2006 and the Auditors' Report for this period; and
- Transact such other business as may properly come before the meeting or any postponements or adjournments thereof.
Items 1 through 5 require the approval of a simple majority of the shares voted on the matter. Items 6 and 7 do not require a vote by the shareholders.
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.