MAHWAH, N.J., March 2, 2011 /PRNewswire/ -- Radware (Nasdaq: RDWR), a leading provider of integrated application delivery solutions for business-smart networking, today announced that Info Security Products Guide, the industry's leading information security research and advisory guide, has named Meir Moshe, Radware's CFO, Finance Executive of the Year, and Radware's DefensePro® won the Tomorrow's Technology Today award for Network Security Solutions. Additionally, DefensePro was named a Finalist in three separate categories, including: Network Security Solution, Intrusion Prevention and Integrated Security / UTM Solution.
Info Security Products Guide recognizes security vendors with advanced, ground-breaking technologies and solutions that are helping set the bar higher for others in all areas of information security. More than 50 judges from a broad spectrum of industry voices around the world participated in the awards.
"It's an honor for Radware to have won these awards, as it is a testament that our Company is delivering security solutions that can defend against the highly sophisticated and multidimensional attack environment we are seeing today," said Amir Peles, Chief Technology Officer, Radware. "Radware is advancing the development of its security solutions to deliver the maximum network protection needed to keep up with the rapidly changing online security landscape. Receiving this incredible honor from Info Security Products Guide is evidence that we're on the forefront of network security, and that we're poised to beat any network security threat today and tomorrow."
Meir Moshe was awarded Finance Executive of the Year based on his efforts in guiding Radware to record revenues of $144.1 million, which was an increase of 32 percent over the previous year. In the twelve months reviewed in consideration for this award, Moshe oversaw Radware's continued revenue growth and increased market share. He was influential in the Company's investments in R&D, and played a key role during Radware's acquisition of the Alteon product line.
Radware's DefensePro received the Tomorrow's Technology Today Award for Network Security Solutions as a result of its ability to protect data centers and networks from new hybrid attacks. DefensePro features several modules, including an Intrusion Prevention System (IPS), Network Behavioral Analysis (NBA), Denial-of-Service (DoS) Protection and Reputation Engine, which is based on standard signature detection technology to prevent known application vulnerabilities. The solution seamlessly detects and mitigates emerging network attacks in real time such as zero-minute attacks, DoS/DDoS attacks and application misuse attacks, all without the need for human intervention and without blocking legitimate user traffic. In addition, DefensePro offers Radware's emergency security service (ERT), a 24x7 service for customers facing DoS attacks or malware outbreaks. This key component provides instantaneous, expert security support to restore network and service operational status.
"Today's network security solutions must be ready to meet the threats and challenges of tomorrow, and the leadership and technologies we're seeing from Radware strongly positions DefensePro among the best," says Rake Narang, editor-in-chief, Info Security Products Guide. "Threats are possible in many different disguised forms so security awareness and network attack prevention is a key to a proactive approach against hybrid attacks."
For more information on Radware, please visit http://www.radware.com.
Radware (NASDAQ: RDWR), a 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 application delivery and network 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.
About Info Security Products Guide Awards
Info Security Products Guide sponsors leading conferences and expos worldwide and plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow's technology today, best deployment scenarios, people and technologies shaping info security and independent product evaluations that facilitate in making the most pertinent security decisions. The Info Security Products Guide Awards recognize and honor excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.
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.
Joyce Anne Shulman
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SOURCE Radware Ltd