Radware Signs Multi-Million Dollar Product Subscription Agreement With Major Business Information Provider

Mahwah, NJ - 17 April 2017

Multiple-Year Agreement to Cover Critical Applications and Main U.S. Data Centers and Global Entities 

Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has signed a multi-million dollar product subscription deal with a major business information provider to support application delivery, application security and data center  cyber security solutions across their entire network. The multiple-year agreement covers not only customer-facing applications but also their primary U.S. data centers and global entities within their IT infrastructure.  

The customer has relied on Radware's awarded, flagship application delivery controller (ADC) and load balancer - Alteon® NG - to ensure 24x7 availability and responsiveness of its core information services applications for several years. This end-to-end application delivery solution allows organizations like this business information provider to simplify operations while allowing optimal application resilience, acceleration, and security.

The product subscription deal will allow the customer to continue to enjoy the benefits of essential, integrated services that are bundled with Alteon NG without performance degradation including: web application firewall (WAF), web performance optimization (WPO), application performance monitoring (APM) and layered security. In addition, the customer will now be able to take advantage of advanced orchestration, management and automation ‘self-service' capabilities that work to reduce operational workloads and human error and serve to create repeatable work-flow templates and routing rules for more efficient day-to-day administration. 

On the security side the product subscription agreement will afford the business information company the widest security coverage to detect and mitigate against: known and zero-day DDoS, flood, SSL, misuse, stealth and vulnerability attacks. The security update subscription leverages Radware's Attack Mitigation Solution (AMS) and provides up-to-date attack information and fingerprints to improve security efficiency and time accuracy for mitigating new cyber-attacks.

"Companies that deliver real-time information and insights are required by their customers to deliver near instantaneous response times, as close to 100% availability, and bullet-proof security for these online news applications," said Roy Zisapel, President and CEO of Radware. "With this enhanced relationship for the next three years Radware solutions will assist this organization to be protected from attack while maintaining maximum uptime of its online applications and information. We are pleased with their continued trust of Radware with their mission-critical infrastructure and are committed to delivering the utmost value to them - and as an extension - their customers."

Radware® (NASDAQ:RDWR), is a global leader of application delivery and cyber security solutions for virtual, cloud and software defined data centers. Its award-winning solutions portfolio delivers service level assurance for business-critical applications, while maximizing IT efficiency. Radware's solutions empower more than 10,000 enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity and achieve maximum productivity while keeping costs down.

Source: GlobeNewswire

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