Radware Appoints Christopher R. McCleary Executive Chairman


TEL AVIV, ISRAEL June 7, 2007 02:00 PM

Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced the appointment of Christopher R. McCleary to the position of Executive Chairman. Mr. McCleary most recently served as the company's non-executive chairman of the board of directors and has served as a director since February 2000.

In his expanded capacity as Executive Chairman, Mr. McCleary will work closely with the company's board and management focusing on corporate strategy and external relations. "During his long tenure with the company, Chris has lent his considerable experience and leadership to a variety of successful facets of our business. We are pleased to have him deepen his day-to-day involvement with the company as we enter the next phase of executing our new business strategy," said Roy Zisapel, chief executive officer, Radware, Ltd

Mr. McCleary's extensive and notable list of accomplishments includes: founder of USinternetworking, Inc., for which he carries credit for creating the industry vision for the disruptive Software-as-a-Service business model; founder, chairman and CEO of Evergreen Assurance, Inc; chairman and CEO of DIGEX, Inc.; Blue Chip Venture Company partner; recipient of the Ernst and Young Entrepreneur of the Year Award for software services and the Washington Post/Newsweek Corporate Citizen of the Year Award; and nomination by Forbes Magazine as one of the E-Gang Leaders of Change. He also serves on the boards of the State of Maryland Venture Fund and the City of Baltimore Emerging Technology Center.

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 industry, changes in demand for Application Switching 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. Meir Moshe, Radware Ltd.; 011-972-3766-8610 or meirm@radware.com
Investor Relations: Dennis S. Dobson; 203-255-7902 or IR@radware.com

 

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