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Radware Wins Two Golds for Application Security in the 2023 Cybersecurity Excellence Awards

Recognized for its industry-leading API discovery and protection and application security architecture

MAHWAH, N.J., March 23, 2023 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that it is the winner of two 2023 Cybersecurity Excellence Awards. The company’s API Discovery and Protection solution received gold honors in the API Security category and the Radware SecurePath™ architecture won gold in the Web Application Security category.

The 2023 Cybersecurity Excellence Awards honor individuals and companies that demonstrate excellence, innovation, and leadership in information security. The 2023 awards program, which is produced by Cybersecurity Insiders and the Information Security Community on LinkedIn, included more than 800 entries.

“We are proud to be recognized among the industry’s top innovators,” said Sharon Trachtman, chief marketing officer at Radware. “At a time when the cyber security talent shortage is at an all-time high, our application security solutions offer consistent, high-grade protection across complex hybrid environments while helping companies reduce overhead and administration. It’s a combination that’s core to the value proposition we deliver for our customers every day.”

Radware’s API Discovery capabilities enable security teams to automatically identify and secure undocumented APIs without relying on human intervention or application and security expertise. Using advanced machine-learning algorithms, Radware’s API protection works in real time to detect and block a broad range of threats. This includes defense against access violations, data leakage, automated bot-based threats, and DDoS and embedded attacks.

Radware’s Cloud Application Protection Services uniquely leverage Radware SecurePath architecture to safeguard today’s multi-cloud application environments, while maintaining consistent, comprehensive protection for applications regardless of where they’re deployed. Radware’s application security architecture can be deployed either as an “inline” or API-based out-of-path SaaS service, enabling coverage of any data center and cloud platform with minimal latency, interruptions, and risks to uptime and availability.

The 2023 Cybersecurity Excellence Awards add to Radware’s other industry recognitions. Industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole and Quadrant Knowledge Solutions continue to recognize Radware as a market leader in cyber security. The company has received numerous awards for its application and API protection, web application firewall, bot management, and DDoS mitigation solutions.

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.

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©2023 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 our application security architecture enables coverage of any data center and cloud platform with minimal latency, interruptions and risks to uptime and 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; a shortage of components or manufacturing capacity could cause a delay in our ability to fulfill orders or increase our manufacturing costs; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; 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.

Media Contact:
Gerri Dyrek
Radware
[email protected]

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