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    RDWR   IL0010834765

RADWARE LTD.

(RDWR)
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Delayed Nasdaq  -  04:00 2022-07-01 pm EDT
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Radware Introduces Game Changing New Way to Deploy and Consistently Protect Applications Across Any Cloud

04/07/2022 | 06:00am EDT

MAHWAH, N.J., April 07, 2022 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today introduced its new Radware SecurePath™ cloud-based application security architecture for its Application Protection-as-a-Service solutions. The innovative architecture is set to change the game for organizations looking for consistent, high-grade, and comprehensive protection for applications deployed in multi- and hybrid-cloud environments. Uniquely built with a dual deployment model that departs from traditional industry paradigms, Radware SecurePath addresses the need for security that delivers full application visibility and centralized security management regardless of where applications are deployed.

To meet a variety of business and technical needs, Radware SecurePath offers organizations multiple cloud-based deployment options. With this new architecture, Radware’s cloud application protection services can be deployed traditionally inline, where they perform a “middleman” role, or now as an API-based, out-of-path service. Innovative and new, Radware’s API-based, out-of-path deployment enables application requests to go directly from the client to the application server without interruption. By removing the need for any inline components from the data path, Radware’s new approach reduces complexity and latency, eliminates routing changes, and increases availability.

“We are changing the industry paradigm around hybrid- and multi-cloud application security and solving the biggest security headaches organizations experience when migrating to the cloud,” said Gabi Malka, Radware’s chief operating officer. “Up until now, to secure applications companies have had to settle for varying levels of protection, inconsistent security policies, routing changes, fragmented logging and reporting, and more. The end result has been low quality of protection and high operational overhead.

“With the Radware SecurePath architecture, these are tradeoffs organizations no longer need to make. They can securely migrate applications to the public cloud without sacrificing visibility, protection quality, application performance, and operational efficiency.”

The Radware SecurePath architecture, which is part of the company’s recently announced strategic cloud services initiative, offers several important advantages. The architecture:

  • Provides full cross-cloud visibility to applications and granular management through a single, centralized portal, making it easy to secure applications wherever they are deployed.
  • Delivers comprehensive application protection that combines WAFs, a bot manager, API protection, L7 DDoS protection, threat intelligence, and more.
  • Deploys either as an inline or API-based, out-of-path SaaS service to avoid risks to uptime and availability and offer maximum flexibility.
  • Works without sharing SSL certificates with third-party vendors to preserve customer confidentiality and meet compliance requirements.

For more information about Radware’s Application Protection-as-a-Service offering and Radware SecurePath, visit the company’s website or read the blog.

About Radware
Radware® (NASDAQ: RDWR) is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection, and availability services to enterprises globally. Radware’s solutions empower enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity, and achieve maximum productivity while keeping costs down. For more information, please visit the Radware website.

Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, Twitter, YouTube, and Radware Mobile for iOS and Android.

©2022 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say that this new approach reduces complexity and latency, eliminates the need for routing changes, and increases availability, we are using a forward-looking statement. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and volatility of the market for our products; natural disasters and public health crises, such as the coronavirus disease 2019 (COVID-19) pandemic; our ability to successfully implement our strategic initiative to accelerate our cloud business; our ability to expand our operations effectively; timely availability and customer acceptance of our new and existing solutions; risks and uncertainties relating to acquisitions or other investments; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; intense competition in the market for cyber security and application delivery solutions and in our industry in general, and changes in the competitive landscape; changes in government regulation; outages, interruptions, or delays in hosting services or our internal network system; compliance with open source and third-party licenses; the risk that our intangible assets or goodwill may become impaired; our dependence on independent distributors to sell our products; long sales cycles for our solutions; changes in foreign currency exchange rates; undetected defects or errors in our products or a failure of our products to protect against malicious attacks; the availability of components and manufacturing capacity; the ability of vendors to provide our hardware platforms and components for our main accessories; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; changes in tax laws; our ability to realize our investment objectives for our cash and liquid investments; our ability to attract, train, and retain highly qualified personnel; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b74fd880-ca3a-4dfc-811a-3fdeb83a4cab


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Radware SecurePath

The Radware SecurePath™ architecture enables centralized application security management for web applications hosted across on-premise, private cloud, and public cloud environments.
Source: Radware Ltd.

2022 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2022 314 M - -
Net income 2022 - - -
Net cash 2022 409 M - -
P/E ratio 2022 -
Yield 2022 -
Capitalization 969 M 969 M -
EV / Sales 2022 1,79x
EV / Sales 2023 1,56x
Nbr of Employees 1 075
Free-Float 80,8%
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Roy Zisapel Director
Guy Avidan Chief Financial Officer
Yehuda Zisapel Chairman
David Aviv Vice President-Advanced Services
Gabi Malka Chief Operating Officer
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