Radware and Leading Latvian ISP Tet Sign Managed Security Services Provider Agreement

MAHWAH, N.J., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, and Tet, one of Latvia’s largest technology and innovation companies and internet service providers, announced they signed a managed security service provider (MSSP) agreement. Based on the agreement, Tet is adding Radware’s full suite of AI-powered Cloud Application Protection Services to its managed services portfolio to expand its security offering for customers. The new agreement is an expansion of an existing relationship. Tet also uses Radware’s DefensePro® DDoS Protection to safeguard its business customers. The technology company offers a full range of ICT and pay-TV services for households; data center services, cloud and cyber security solutions for businesses, the government and municipal institutions; as well as electricity and other services. “Our expanded partnership with Radware is grounded in a longstanding relationship based on trust and experience using their technology,” said Dmitrijs Nikitins, chief technology officer at Tet. “Many of our customers are moving to the public cloud, where legacy solutions no longer offer adequate protection. By partnering with Radware, we can offer them not only state-of-the-art managed application security services but also the flexibility of full protection from data center to the cloud.” Tet expanded its application security portfolio for customers in the face of rising web DDoS attacks. According to Radware’s 2025 Global Threat Analysis Report, Layer 7 web DDoS attacks surged 550% between 2023 and 2024. The global activity is linked predominately to hacktivist groups motivated by geopolitical conflicts and facilitated by easy accessibility to more sophisticated tools. “Faced with an ever-growing threat surface and shortage of in-house security staff, more organizations are looking for alternative strategies to strengthen their security posture,” said Rob Hartley, vice president for Radware in EMEA and CALA. “Our MSSP model is built to offer ISPs like Tet a low-risk way to introduce proven application and network security services for their customers while building new revenue streams.” Radware's Cloud Application Protection Service offers a one-stop shop for application security needs. Through a single platform and unified portal, organizations can access Radware’s industry-leading web application firewall (WAF), bot detection and management, API protection, client-side protection, and application-layer DDoS protection. Combining end-to-end automation, AI-powered algorithms, behavioral-based detection, and 24/7 managed services, the solution defends against 150+ known attack vectors. This includes the OWASP’s Top 10 Web Application Security Risks, Top 10 API Security Vulnerabilities, and Top 21 Automated Threats to Web Applications. Radware has been recognized by numerous industry analysts for its application and network security solutions. This includes Aite-Novarica Group, Forrester, Gartner, KuppingerCole, and QKS Group. About TetWith a team of more than 1400 employees, Tet Group is one of the largest technology companies in the Baltics, developing innovations and offering quality IT&T service solutions to businesses in Latvia and export markets. Tet provides services across multiple fields, including cyber security solutions, data center and cloud technologies. The company manages six data centers, offering safe data processing and storage. The company offers security solutions for strengthening critical infrastructure, the largest optical internet infrastructure in Latvia, reliable and high-quality TV, Internet, electricity, e-commerce, and other services. The Tet Group also includes subsidiaries Citrus Solutions, Helio Media, and Baltic Computer Academy. It is based in Riga, Latvia. 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 MSSP model is built to offer ISPs a low-risk way to introduce proven application and network security services for their customers while building new revenue streams, 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. Media Contact:Deborah MyersRadwaredeborah.myers@radware.com

Radware and Leading Latvian ISP Tet Sign Managed Security Services Provider Agreement

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