Radware (NASDAQ RDWR) a leading provider of Internet Traffic Management (ITM) solutions enabling continuous access to Web sites, IP applications and content, today announced its partnership with Finnish company Connectus Oy. Under its terms, Connectus will distribute Radware's Web Server Director™ (WSD), Cache Server DirectorÒ (CSD),Linkproof and FireProof™ in Finland.
Radware has deployed its products to large carriers, ISPs, and e-commerce firms whose operations require uninterrupted access to an optimally configured network. Recently, Radware broke into the Scandinavian market by opening an office in Stockholm. Customers in the Nordic area already include Ericsson, IKEA, Vattenfall and Volvo. Radware will work with Connectus Oy's distribution channel to help deliver the cutting-edge technology, quality of service and technical support for which the company is known. Working with distributors worldwide gives Radware increased visibility in the ITM arena and affords customers greater product availability. Radware also considers feedback from the channel to implement new features and increase market share.
"I believe that working with Connectus Oy's carefully selected distribution channels will provide Radware with an excellent opportunity to sell its award winning load balancing solutions to the growing Finnish market," says Cai Jussila, Radware's Scandinavian Managing Director.
Connectus Oy's business objective is to add local know-how and services to international brand products. Together with a partner network, Connectus Oy delivers total IT solutions for business use. Connectus Oy also has expertise in servers and operating systems (Unix, Linux, NT), wireless and wired network solutions with IT security solutions, information management (WAP, e-business and database solutions) and integrated data capture and electronic archive systems. Connectus Oy has vast experience at outsourcing services (server hotel, remote administration and ASP services) as well as at installation, maintenance, operating and development services for IT systems and networks.
About Radware
Radware develops, manufacturers and markets products that manage and direct Internet traffic among network resources to enable continuous access to Web sites and services, applications and content based on the Internet protocol. Radware offers a broad range of Internet traffic management solutions to service providers, e-commerce businesses and corporate enterprises that require uninterrupted availability and optimal performance of IP-based applications that are critical to their business. Radware's Internet traffic management solutions enable its customers to manage their network infrastructure to bypass system failures and to scale their network infrastructure to accommodate increasing IP traffic. Radware's products improve the productivity of network infrastructure by distributing traffic within a network to optimize the use of available network resources. Radware's products can be deployed either as independent solutions to address specific application needs at a particular location within a network or as an end-to-end integrated solution to manage traffic throughout a network.
About Connectus Oy
Connectus Oy delivers IT solutions, system products, technical and software services for businesses and IT professionals in Finland. Total income of Connectus Oy in 1999 was FIM 480 million and the number of employees is approaching 150.
Connectus Oy is part of the Scribona Group and it's Scribona Solutions -division, which concentrates on Value Added Distribution. Scribona is listed on the A-list of the Stockholm Stock Exchange and had a total income of SEK 8,3 billion in 1999.
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 Internet traffic management industry, changes in demand for Internet traffic management 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 F-1.