CYREN WebSecurity Service Signs First Distributor

MCLEAN, Va., Feb. 24, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN), a leading provider of integrated cloud-based security solutions and software-based security technology, today announced it signed a distribution agreement with Certified Information Systems (Certsys), a leading Russian IT security supplier.

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The partnership with Certsys is the first distribution agreement for the recently launched CYREN WebSecurity, a cloud-based private label Web security service that allows service providers, resellers, and software vendors to partner with CYREN in order to quickly begin offering secure browsing from any device, anywhere. Certsys plans to offer the CYREN WebSecurity service across Russia through its extensive network of local resellers that serve both large and small organizations.

"We see CYREN's new cloud-based security services as a true opportunity to further grow our IT security business," said Sergey Grudanov, CEO at Certified Information Systems. "CYREN's SecSaaS platform enables us to offer our region's leading IT services organizations and other businesses with an easily deployed and managed service that takes advantage of the convenience of the cloud as well as the proven power of CYREN's detection and monitoring capabilities."

CYREN partners such as Certsys can now quickly capture the fast-growing Security as a Service (SecSaaS) market opportunity by offering a total solution for roaming users, smartphones and tablets, including BYOD. It leverages CYREN's GlobalView™ Cloud infrastructure, its patented Recurrent Pattern Detection™ technology, and the most robust transaction base in the industry to deliver a unique cloud-based Secure Web Gateway service.

"Just weeks after launching the CYREN WebSecurity service, we're pleased to announce our distribution partnership with Certified Information Systems, as it validates the market demand for an easily deployable, yet powerful cloud-based Web security service," said Lior Samuelson, CEO and Chairman of the Board at CYREN. "We're confident that our new SecSaaS platform is not only a ground-breaking opportunity for white label partners, but also a long-term stepping stone for ongoing CYREN growth."

About Certified Information Systems
Certified Information Systems (Certsys) is a leading Russian supplier of certified software for complex security systems and personal data protection. Certified Information Systems partners with software vendors worldwide for distribution of their solutions, including Microsoft, IBM, Check Point, VMware, Citrix, and SafeNet. As part of the compulsory certification of products for information security, as required by the Russian government, Certified Information Systems also provides audit, certification, accreditation and other professional services for information security. Visit www.certsys.ru.

About CYREN
CYREN provides the world's largest service providers and software vendors with the Internet security solutions they need to protect billions of people and transactions. Designed specifically to be easily deployed or private labeled by partners, CYREN's Web, Email and Anti-Malware products provide relentless protection on any device. CYREN's proactive analytics and cloud-based malware detection capabilities equip its partners with security solutions that stand out as clear differentiators in the ever-evolving industry. Visit CYREN's GlobalView Security Center or go to www.CYREN.com.

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This press release contains forward-looking statements, including projections about our business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense, and statements including words such as "expect," "plan," "estimate," "anticipate," or "believe" are forward-looking statements. These statements are based on information available to us at the time of the press release; we assume no obligation to update any of them. The statements in this press release are not guarantees of future performance and actual results could differ materially from our current expectations as a result of numerous factors, including business conditions and growth or deterioration in the internet security market, technological developments, products offered by competitors, availability of qualified staff, and technological difficulties and resource constraints encountered in developing new products,  as well as those risks described in the company's Annual Reports on Form 20-F and reports on Form 6-K, which are available through www.sec.gov.  

SOURCE CYREN