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After Strong Quarter, Radware Announces U.S. Expansion

1. Radware plans aggressive U.S. growth, expanding cloud services and hiring experts. 2. New leadership includes seasoned professionals from industry leaders to enhance market presence. 3. Successful first quarter fuels confidence in Radware's strategy to increase market share. 4. Recent SUSE alliance strengthens Radware's competitive edge in Kubernetes security solutions. 5. AI-driven innovations like AI SOC Xpert enhance threat detection and response capabilities.

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Why Bullish?

Radware's aggressive growth strategy and strong leadership changes are promising for revenue increase. Historically, similar expansions have positively impacted stock prices, such as Akamai's aggressive market strategies leading to growth.

How important is it?

The article outlines strategic initiatives and leadership transitions that are crucial for RDWR's growth and competitive positioning, making it highly relevant.

Why Long Term?

The investments in leadership and alliances signal a sustained commitment to growth, which often leads to long-term value creation for shareholders. Established market presence typically yields positive results over multiple quarters.

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AKAMCLOUNET
MAHWAH, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, is executing an aggressive strategy to expand its market presence and accelerate growth across its cloud services business in the U.S. The company is making strategic new hires, adding tech alliances, and reinforcing its commitment to AI innovation. The announcement follows Radware’s report on its strong first quarter financial results. “Increasing business opportunities have led us to fast track an aggressive U.S. growth plan,” said Roy Zisapel, Radware’s president and chief executive officer. “We are doubling down our efforts in the region. This includes strengthening our bench of security experts, bringing more technical support and cloud delivery services closer to our customer base, and stepping up our competitive game. Our new U.S. executives have built a revenue generation engine designed to win customers and increase market share.” New U.S. leadership Radware is investing in a new team of seasoned security leaders, charged with overseeing growth across the region. Radware’s new U.S executives include Constance (Connie) Stack, chief growth officer; Randy Wood, senior vice president of North American sales; and Joshua Bafalis, director of acquisition sales. Stack joined Radware from NextDLP where she was CEO. During her 24-month tenure, she grew ARR by more than 300%, resulting in the company’s successful acquisition by Fortinet in August 2024. Wood previously served as senior vice president of North American sales at Akamai for five years, delivering consistent double-digit growth in application security during that time. Bafalis, formerly regional vice president of sales at Cloudflare, played a key role in scaling the Cloudflare channel and alliance business. Expanding workforce To accelerate growth, Radware has filled 30+ new positions in the U.S. across sales, marketing, cloud services, and customer support. The company has added account executive roles and cloud service engineers tasked with facilitating cloud delivery and a follow-the-sun service model. Interested candidates should visit the Radware careers page. New tech alliancesIn April, Radware announced a collaboration with SUSE. The partnership brings together the industry’s only Kubernetes Web Application and API Protection (KWAAP) from Radware with SUSE® Rancher Prime and SUSE® Security. The unique combination provides a world-class solution for modern application developers who need to secure distributed Kubernetes workloads at scale. Investing in AIRadware accelerated its AI innovation with the launch of AI SOC Xpert, a next-gen cloud service designed to fight AI-driven threats using agentic-AI threat detection and response. This addition to the Radware® EPIC-AI™ platform empowers SOC teams to instantly detect attacks, access real-time forensics, and deploy one-click, AI-generated remediation—cutting mean time to resolution by up to 95%. U.S. senior leadership commentary“Having spent the last 25 years of my career scaling early- and late-stage, venture- and PE-funded security start-ups to successful acquisitions, I know how to grow a SaaS business,” said Connie Stack, Radware’s chief growth officer. “We are putting these growth strategies into place, at scale at Radware. We have the tech and the team to dominate the U.S. application security market.” “Joining Radware is an exciting move,” said Randy Wood, Radware’s senior vice president of North American sales. “I know this space and the players in it; I’m confident that Radware’s superior tech can and will beat the competition. I see a clear path for Radware to lead. The strength of our first quarter performance is just the beginning—what’s ahead is even bigger.” “Many U.S. enterprises are still navigating their journey to the cloud and require both on-prem and cloud solutions,” said Josh Bafalis, Radware’s director of acquisition sales. “Unlike cloud-only competitors, Radware bridges on-prem and cloud seamlessly. We offer the expertise and tech to support businesses at every stage of their cloud transition without multi-vendor chaos and integration complexity.” About RadwareRadware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website. Radware encourages you to join our community and follow us on Facebook, LinkedIn, Radware Blog, X, and YouTube. ©2025 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 in this press release that our superior tech can and will beat the competition, we are using forward-looking statements. 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, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; 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; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; 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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