MAHWAH, N.J. and NEW YORK, March 17, 2022 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced it signed a multi-year agreement to expand its partnership with Presidio, Inc, a global digital services and solutions provider that accelerates business transformation through security technology modernization. To protect its customers’ on-premise, cloud, and hybrid environments, Presidio is adding Radware’s application and API security solutions, bot manager, DDoS protection, and Cloud Native Protector to its cyber security suite.
“Preparation to protect against cyberattacks is more critical than ever before, and we help our customers every step of the way,” said Chris Cagnazzi, senior vice president and general manager at Presidio. “Through this partnership, we are combining Radware’s industry leading technology along with our team’s extensive expertise to create a force in fighting emerging cyber threats.”
Radware provides 360-degree, real time protection for applications hosted in cloud environments. Radware protects both the application surface against incoming malicious traffic and the underlying cloud infrastructure against infiltration. For application security, Radware delivers a web application firewall (WAF), bot manager, API security, and DDoS protection. The security is based on patented behavioral-based algorithms that learn legitimate behavior traffic patterns and then separate malicious and legitimate traffic to deliver a higher level of security with lower false positives.
For cloud workload security, Radware’s Cloud Native Protector offers comprehensive, multi-layered workload protection against cloud-native attack vectors. This includes cloud misconfigurations, excessive permissions, malicious behavior, and more.
“As one of the leading AWS service providers, Presidio has built an industry reputation as a trusted advisor. Customers trust what they bring to the table,” said Bob Simpson, vice president of North American sales at Radware. “We look forward to continuing to work with Presidio to provide state-of-the-art protection to their customers and through the AWS Marketplace.”
Radware’s solutions continue to earn industry recognition. Radware was included in Gartner’s 2021 Critical Capabilities for Cloud Web Application and API Protection report, ranking second among 11 vendors for API security and high security use cases. Forrester ranked Radware a global leader in its report, “The Forrester Wave™: DDoS Mitigation Solutions, Q1 2021.” Quadrant Knowledge Solutions named Radware the leader in its 2021 SPARK Matrix: Bot Management report.
In addition to the industry, customers acknowledge Radware’s technology expertise. Radware was recognized as a Customers’ Choice in the 2021 Gartner Peer Insights™ “Voice of the Customer:” Web Application Firewall report.
Presidio is a global digital services and solutions provider accelerating business transformation through secured technology modernization. Highly skilled teams of engineers and solutions architects with deep expertise across cloud, security, networking, and modern data center infrastructure help customers acquire, deploy, and operate technology that delivers impactful business outcomes. Presidio is a trusted strategic advisor with a flexible full life cycle model of professional, managed, and support and staffing services to help execute, secure, operationalize, and maintain technology solutions. For more information, visit www.presidio.com.
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.
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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.
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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, we cannot assure additional expansions of partnerships in the future. 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.
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