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Radware Appoints New President of the Americas

MAHWAH, New Jersey, June 24 /PRNewswire-FirstCall/ --

- Ramesh Barasia Strengthens Radware's Global Management Team

Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has appointed Mr. Ramesh Barasia as President of the Americas.

Since the acquisition of Alteon, Radware has been increasing its enterprise and carrier customer base as well as its channel footprint in the Americas. To implement a strong strategy that will continue to grow business in the Americas, Mr. Ramesh Barasia, will join the global management team.

"We are pleased to have Ramesh on board. We believe that he has all of the qualifications necessary to build on the existing foundation of the Radware-Alteon combined business and take it to the next level of growth for Radware sales in the Americas," stated Roy Zisapel, CEO Radware.

Barasia comes to Radware from Comverse where he served as President of the Americas for the last seven years. During his tenure, he doubled revenue and profit in the region - while extending customer outreach and increasing the customer base as well as cross-selling products to the existing customers.

"I am excited to be joining Radware and am looking forward to implement my skill-set to further increase sales in the Americas," stated Ramesh Barasia. "There is a good team in place and I look forward to working with them."

Prior to Comverse, Barasia headed Lucent's ICDD - Internet Content Distribution and Delivery Business Unit where he was responsible for achieving fast time-to-market for a number of products including layer 4/7 switches and security products whilst increasing sales by approx. 40%.

Finally, he also has over twenty years of experience at AT&T in senior management positions in various divisions and was responsible for the smooth transition of acquisitions as well as heading up the Intelligent Networking Global business unit.

Ramesh Barasia has a Ph.D. from Syracuse University in Management Sciences, an MS from Syracuse University in Computer Science, an ME from Cornell University in Control Processes, and a BS from BIT in India in Mechanical Engineering. He is a graduate of the Advanced Management Program from Harvard Business School.

About Radware

Radware (NASDAQ:RDWR), the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for nearly 10,000 enterprises and carriers worldwide. With APSolute(TM), Radware's comprehensive and award-winning suite of intelligent front-end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit http://www.radware.com.

This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.

    Media Relations:
    Joyce Anne Shulman
    +1-201-785-3209
    joyceannes@radware.com


SOURCE Radware Ltd

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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