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Radware Acquires Strangeloop Networks, Leader in Web-Performance Optimization (WPO) Solutions for e-commerce and Enterprise



Radware Acquires Strangeloop Networks, Leader in Web-Performance Optimization
          (WPO) Solutions for e-commerce and Enterprise Applications

Strangeloop's best-in-class web application acceleration solutions coupled
with Radware's market-leading application delivery solutions offer customers
accelerated end-to-end response time and improved conversion rates

PR Newswire

MAHWAH, New Jersey, February 7, 2013

MAHWAH, New Jersey, February 7, 2013 /PRNewswire/ --

Company management will host a conference call at 8:45am ET on Friday,
February 8^th, 2013.

Radware^® (NASDAQ: RDWR), a leading provider of application delivery and
application security solutions for virtual and cloud data centers, today
announced that it has  completed the acquisition of Strangeloop Networks, a
leader in the Web performance acceleration domain.

Today's enterprises are characterized by strong adoption of
software-as-a-service (SaaS) and cloud-based services, creating a new reality
with the distance rapidly lengthening between end users and the applications
they are accessing. In addition, this year has been heralded by industry
analysts as the year that mobile phones will surpass PCs as the most common
device for accessing web applications. Employees, partners and customers will
now predominantly access enterprise web applications from anywhere at any time
without being tethered to either central or branch offices.      

While this represents a potential boon to productivity and efficiency, there
is a downside. Network latency significantly increases, degrading end-user
quality of experience (QoE), thus placing at risk the very same productivity
gains. Complexity also increases as web applications have higher payloads and
longer rendering times, not often designed for mobile access.  This growing
latency and complexity challenge, is driving the need - especially for online
businesses that heavily rely on customer-facing web applications - for web
performance acceleration solutions.

Strangeloop's technology accelerates web applications for companies such as
O'Reilly Media, Petco, Wine.com and other global e-commerce sites and SaaS
providers. Using an advanced set of proprietary site acceleration treatments
to simplify and streamline web pages in real-time, Strangeloop is able to
deliver page content in the most efficient way possible. This enhances a site
visitor's experience leading to greater conversion rates which in turn, can
increase online revenues.

"By accelerating the web application response time of an enterprise, Radware
can enhance their business performance as well as employee productivity," says
Ilan Kinreich, chief operating officer, Radware. "This is an invaluable
capability as we've seen an aggressive adoption of SaaS, mobile and cloud
technologies where user response time is critical for business continuity."

Kinreich added, "Additionally, online retailers and financial services are
dependent on their customer-facing web applications. Therefore, speed and
performance are two of the most critical factors in order to increase customer
satisfaction, conversion rates and generate revenue."

Joshua Bixby, president of Strangeloop Networks added, "Strangeloop's
technology is providing critical web performance optimization solutions.
Combining our offerings with Radware, a recognized market leader in
application delivery solutions, will enable our clients to outpace their
competitors on speed, reliability and overall performance."

Strangeloop's products will continue to be sold and will now be offered under
the Radware FastView™ brand name. The offering includes multiple form factors:
physical appliance, virtual appliance and cloud service. Future development
plans include integration of the Strangeloop technology into Radware's
industry-awarded Alteon application delivery controller (ADC), for offer as an
integral software module.

Support for Strangeloop customers will be seamless. Existing customers will
receive support from Radware's world-class, 24x7 global technical support
organization starting immediately.    

Company management will host a conference call for investors regarding the
acquisition at 8:45am ET on Friday, February 8^th, 2013.

The conference call will be webcast on February 8^th, 2013 at 8:45a.m. ET in
the "listen only" mode via the Internet at:
http://www.radware.com/Company/InvestorRelations/default.aspx.  

Please use the following dial-in numbers to participate in the Strangeloop
acquisition call:

Participants in the US call: Toll Free 1 (800) 553-0326

International participants call: +1 (612) 332-0636

About Strangeloop Networks

Strangeloop is the leader in providing next-generation front-end optimization
(FEO) solutions. Companies like Petco, Visa, and Wine.com rely on Strangeloop
to speed up their websites and enterprise applications. As the earliest
entrant in the FEO space, Strangeloop was the first company to market an
automated solution - the Strangeloop Site Optimizer - with the ability to
tackle front-end performance problems as a service via the cloud. The
Strangeloop Mobile Optimizer is the only advanced optimization solution that
addresses the unique challenges of delivering faster sites to mobile users.
Strangeloop is based in Vancouver, BC. For more information, visit
http://www.strangeloopnetworks.com

About Radware

Radware (NASDAQ: RDWR), is a global leader of application delivery and
application security solutions for virtual and cloud data centers. Its
award-winning solutions portfolio delivers full resilience for
business-critical applications, maximum IT efficiency, and complete business
agility.

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 http://www.radware.com.

Radware encourages you to join our community and follow us on; LinkedIn,
Radware Blog, Twitter, YouTube, Radware Connect app for iPhone^® and our new
security center DDoSWarriors.com that provides a comprehensive analysis on
DDoS attack tools, trends and threats.

©2013 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.

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. These statements are based
on current expectations and projections that involve a number of risks and
uncertainties. There can be no assurance that future results will be achieved,
and actual results could differ materially from forecasts and estimates. Some
of the factors that could significantly impact the forward-looking statements
in this press release include the risk that the businesses will not be
integrated successfully; the risk that any synergies from the transaction may
not be fully realized or may take longer to realize than expected; disruption
from the transaction making it more difficult to maintain relationships with
customers, employees or suppliers, the risk that Strangeloop's business may
not perform as expected, and other risks some of which are discussed in
greater detail in Radware's Annual Report on Form 20-F and Radware's other
filings with the Securities and Exchange Commission.  Forward-looking
statements speak only as of the date on which they are made and 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 Securities and Exchange
Commission's website at http://www.sec.gov  or may be obtained on Radware's
website at http://www.radware.com.

Corporate Media Relations:
Brian T. Gallagher
+1-201-785-3206  (office)
+1-201-574-3840  (cell)
briang@radware.com

SOURCE Radware Ltd
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