Radware Powers SingleHop Shield Attack Mitigation Service Offering

MAHWAH, N.J., Oct. 21, 2015 (GLOBE NEWSWIRE) — Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions ensuring optimal service level for applications in virtual, cloud and software defined data centers, announced that SingleHop, a leading provider of Hosted Private Clouds, Managed Hosting, and Infrastructure-as-a-Service for businesses and enterprises around the world, has chosen Radware’s DDoS Attack Mitigation solution to power their enhanced line of SingleHop Shield security services.

Headquartered in Chicago, SingleHop serves more than 5,500 customers in more than 124 countries with data centers across the United States and Europe.

SingleHop operates in a highly competitive marketplace. As cloud and hosting services have become a more common element of enterprise IT architectures, the expectations and requirements for providers to differentiate themselves from other providers has increased dramatically.

Like many others, SingleHop experienced a steady increase in the frequency and duration of volumetric attacks. They would block these attacks, but to do so was a predominantly manual process that distracted their engineers from other key priorities. They needed to protect their customer base at large, but it was not feasible to do so with their existing solution. SingleHop sought out an attack mitigation solution that would automate the process and free up their engineers. After selecting Radware, they saw the opportunity to convert what was a high-overhead expense into a new area of profitability.

“Radware’s advanced attack mitigation capabilities and flexible licensing made partnering with them an easy choice,” said Jordan Jacobs, VP of Products at SingleHop. “Radware’s security technology in combination with SingleHop’s advanced automation engine allows us to offer customers a powerful enterprise DDOS solution on-demand and on an as-needed basis to provide the highest levels of protection in a consumable and affordable fashion for businesses with smaller budgets. Radware’s licensing enables us to provide a solution that can protect multiple customers without having to scale the cost to meet the size of the attacks.”

“SingleHop saw an opportunity to monetize on what otherwise was an expensive cost-of-operation for their business,” said David Anderson, Corporate Vice President North America for Radware. “Not only were they able to meet the attack mitigation needs of their customers, but they successfully built a profitable high margin new service.”

About SingleHop

SingleHop, a leading global provider of hosted IT infrastructure and cloud computing, brings together a unique combination of enterprise-class technologies from industry-leading vendors, and a proprietary automation engine, to deliver a customized cloud infrastructure experience for enterprises of all sizes. The company’s powerful portal and award-winning automation platform make it simple to design and support the optimal cloud environment. Their service includes full life cycle, white-glove support, instantly scalable solutions, and comprehensive integrated security. SingleHop serves more than 5,500 customers in more than 124 countries with data centers across the United States and Europe.

About Radware

Radware (NASDAQ:RDWR), is a global leader of application delivery and application 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. For more information, please visit www.radware.com

Radware encourages you to join our community and follow us on: Facebook, Google+, LinkedIn, Radware Blog, SlideShare, Twitter, YouTube, Radware Connect app for iPhone® and our security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.
©2015 Radware, Ltd. All rights reserved. Radware and all other Radware product and service names are registered trademarks or trademarks of Radware in the U.S. and other countries. All other trademarks and names are property of their respective owners.

Safe Harbor Statement

This press release may contain statements concerning Radware’s future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, and similar expressions or future or conditional verbs such as “will”, “should”, “would”, “may” and “could” are generally forward-looking in nature and not historical facts. For example, we cannot assure such additional customer wins 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; changes in the competitive landscape; inability to realize our investment objectives; timely availability and customer acceptance of our new and existing products; risks and uncertainties relating to acquisitions; 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; Competition in the market for Application Delivery and Network Security solutions and our industry in general is intense; and other factors and risks on 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, reference is made to Radware’s Annual Report on Form 20-F which is on file 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.

CONTACT: Corporate Media Relations:
Deborah Szajngarten
(201) 785-3206
deborah.szajngarten@radware.com

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