Radware Ltd. (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that at its Annual General Meeting of Shareholders held yesterday, July 19, 2009, all of the items on the agenda were voted upon and approved by the Company’s shareholders.
Mr. Colin Green and Mr. David Rubner were elected as External Directors, replacing Mr. Zohar Gilon and Dr. Orna Berry, respectively, who were scheduled to conclude their three-year terms on October 3, 2009. Mr. Green will replace Mr. Gilon effective immediately and will also serve as the Chairman of Radware's Audit Committee. Mr. Rubner will replace Dr. Berry and is expected to begin his term on October 3, 2009. Additionally, the election of Mr. Avraham Asheri and Ms. Yael Langer, and the re-election of Mr. Yehuda Zisapel, as Directors of Radware were also approved during the meeting.
“We appreciate the extensive contribution of Zohar Gilon and Orna Berry to Radware and would like to thank them for the guidance they provided during their term,” stated Roy Zisapel, CEO, Radware. “The varied backgrounds of Avraham Asheri, Yael Langer, David Rubner and Colin Green, bringing a high-level of experience and expertise from the industry across strategy, management, finance, IT and legal are a strong addition to the existing Board which will help us evolve and grow our business”.
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 nearly 10,000 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 and Network Security industry, changes in demand for Application Switching and 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.