MCLEAN, Va., May 1, 2014 /PRNewswire/ -- CYREN (NASDAQ:
CYRN), a leading provider of cloud-based security solutions, today
announced that a new distribution partnership with VCW Security, a
leading UK distributor of IT security products and solutions. Under
the agreement, VCW Security will offer the CYREN WebSecurity
service via their network of resellers.
Together, the two companies plan to address the needs of
businesses currently exposed to potentially crippling Internet
security risks. Delivering the low cost and high utility of
cloud-based applications, CYREN WebSecurity is ideally suited to
address explosive growth in the Security as a Service (SecaaS)
markets that are driven by an increasingly mobile workforce, BYOD
trends, and low cost, high utility cloud-based applications and
storage.
"CYREN WebSecurity allows us to provide a fully-featured,
competitive web SecaaS with an easily deployed, yet powerful web
security solution that is based on proven cloud technology," said
Simon Jackson, Commercial Director
at VCW Security. "We see CYREN's new cloud-based security services
as a fantastic opportunity for us and are confident that a
partnership with CYREN is the best path for us to address the
growing SecaaS market."
"CYREN WebSecurity continues to gain fast-paced momentum across
the globe, and we are pleased to name VCW Security as a partner to
offer this innovative, cloud-based solution in the UK," said
Lior Samuelson, CEO and Chairman of
the Board at CYREN. "VCW Security's network of resellers throughout
the UK can use CYREN WebSecurity as one of the fastest pathways to
entering the SecaaS market – and do so with the proven power of the
CYREN GlobalView Cloud Platform behind them."
About VCW Security Ltd
We are specialists in the distribution and marketing of IT
security products, distributing a variety of solutions and services
to end-user companies via the reseller channel. Our vendors deliver
a range of features, including Unified Threat Management, email
& network security, secure remote access, multi-factor
authentication, centralized management, virtual WLAN, VMware-based
Wi-Fi management & control and managed Wi-Fi services.
Over the past few years numerous vendors of IT security
technologies have entered the market, some have simply replicated
existing products and manufactured at a cheaper cost, others have
plugged the gaps in the network security infrastructure, and a
select few have successfully pioneered entirely new technologies.
Our solid business background allows us to lead the revolution in
challenging the dominance of established vendors and recognize and
champion new and innovative solutions.
Our portfolio comes from leading edge; non-competing vendors
that help us define the market rather than chase it, ensuring that
our products are not commoditized and resulting in higher margins
for our Partners. Vendors are chosen on their performance, cost
versus functionality, disruptiveness and track record in their
respective markets; as visionaries in their respective fields they
are recognized as being the next generation in security and
management within these markets. Working in this select way ensures
limited competition to our resellers, a cleaner more qualified
Channel and more importantly no erosion of margin. Visit
www.vcwsecurity.com for further information
About CYREN WebSecurity
CYREN WebSecurity is a cloud-based Security as a Service
(SecaaS) solution designed to provide organizations with powerful
web security on any device, anywhere. CYREN offers white labeled
versions to distributors, resellers and software vendors, allowing
them to serve organizations currently exposed to potentially
crippling Internet security risks. Visit www.CYREN.com/web.
About CYREN
CYREN is a leading provider of cloud-based security solutions
that deliver powerful protection through global data intelligence.
Regardless of the device or its location, CYREN's easily deployed
web, email, and anti-malware products deliver uncompromising
protection in both embedded and Security as a Service (SecaaS)
deployments. Organizations rely on CYREN's cloud-based threat
detection and proactive security analytics to provide up-to-date
spam classifications, URL categorization and malware detection
services. The CYREN GlobalView™ Cloud Platform leverages Recurrent
Pattern Detection™ technologies to protect more than 550 million
users in 190 countries. CYREN is traded on the NASDAQ Capital
Market and the Tel Aviv Stock Exchange (TASE) under the trading
symbol "CYRN." Visit the CYREN GlobalView Security Center or go to
www.CYREN.com.
Blog: blog.cyren.com
Facebook: www.facebook.com/CyrenWeb
LinkedIn: www.linkedin.com/company/cyren
Twitter: twitter.com/CyrenWeb
This press release contains forward-looking statements,
including projections about our business, within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. For example, statements in the
future tense, and statements including words such as "expect,"
"plan," "estimate," "anticipate," or "believe" are forward-looking
statements. These statements are based on information available to
us at the time of the press release; we assume no obligation to
update any of them. The statements in this press release are not
guarantees of future performance and actual results could differ
materially from our current expectations as a result of numerous
factors, including business conditions and growth or deterioration
in the internet security market, technological developments,
products offered by competitors, availability of qualified staff,
and technological difficulties and resource constraints encountered
in developing new products, as well as those risks described
in the company's Annual Reports on Form 20-F and reports on Form
6-K, which are available through www.sec.gov.
U.S. Investor Contact:
Monica Gould
The Blueshirt Group
212.871.3927
monica@blueshirtgroup.com
Israel Investor Relations
Contact:
Iris
Lubitch
EffectiveIR
+972.54.2528007
iris@EffectiveIR.co.il
Company
Contact:
Mike Myshrall, Interim
CFO
CYREN
703.760.3320
mike.myshrall@CYREN.com
CYREN Media Contact:
Matthew Zintel
Zintel Public Relations
281.444.1590
matthew.zintel@zintelpr.com
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SOURCE CYREN