Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced the next wave of its business growth strategy. After 10 years in the application delivery marketplace, Radware has developed a product range that encompasses high availability, optimized performance and complete security. Armed with the expertise and innovative capabilities, Radware aims to provide even more innovative offers to its customers in the enterprise and carrier spaces. By building more solution-oriented offers Radware customers and partners will be able identify the most appropriate solutions to fulfill their particular business needs more easily.
From its inception in 1997, Radware has invested in building a global presence and expanding its business to become a multi-million dollar company with a workforce of 600 employees in the Americas, EMEA and Asia Pacific, 5000 customers and 3 research facilities in North Carolina, Tel Aviv and Jerusalem. Throughout this period Radware has remained ahead of the market and continues to be an innovator developing product offers including global traffic management, link load balancing, behavioral intrusion prevention and a scalable software model for application security. Encouraged by the needs of its customers and partners, Radware has developed a full-fledged product portfolio which has evolved from basic traffic management to include application delivery, application network security, real-time intelligence and management solutions.
“When we started out 10 years ago, we were amazed at the response of the market. This enabled us to grow rapidly, develop a strong offer, land large accounts in the telecom, finance, e-business, education and health sectors and form strong OEM partnerships with companies such as Comverse”, stated Roy Zisapel, co-founder, President and CEO of Radware. “In 2008, we plan to reinforce our position as a leader in the marketplace through our business-smart networking strategy, broaden our offer and commercialize tailor-made solutions for companies in the enterprise and carrier spaces”.
Radware’s business-smart networking offers customers and partners solutions that move beyond the point of keeping applications up and running. It enables them to dig deeper into the network layers to provide a broader and more detailed view of activity enabling companies in the enterprise and carrier spaces to conduct their business more effectively. Business-smart networking delivers on three specific requirements:
- understanding the behavior of the application on the network;
- understanding the user identity and
- understanding and interpreting business events embedded within transactions.
In applying these three criteria Radware helps make its customers’ networks more intelligent so they can extract greater business value from their data transactions. By arming customers with real-time access to critical business data and intelligently routing, accelerating, and securing that user session traffic, companies can optimize their business processes, offer new products and services on-the-fly to customers, and halt identity theft or fraudulent online behavior with minimal delay.
In essence, with Radware’s business smart networking, companies will see better ROI and lower TCO, improved business agility through their ability to make real-time business decisions and take real-time action, increase customer satisfaction and finally reduce costs and drive productivity. Business smart networking is the future of IT and creating smart businesses. It strengthens Radware’s application delivery offer even further and has become a key differentiator vis a vis the competition and other vendors in the market.
In 2008, Radware will be using its innovative capabilities, experience and passion to lead this next wave of development in the application delivery sector. The company aims to reinforce its position in the market place through its business-smart networking strategy providing customers and partners in the enterprise and carrier spaces with the opportunity to become business-smart.
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.