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New CYREN distribution partner VCW Security scores its first Security as a Service deal
MCLEAN, Va., June 23, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN), a global provider of cloud-based security solutions, today announced that The New Saints Football Club (TNS), a member of the Corbett Sports Welsh Premier League and the Union of European Football Associations (UEFA), is one of the first UK organizations to adopt the cloud-based CYREN WebSecurity solution.
The football club chose CYREN WebSecurity through VCW Security, a leading UK distributor of IT security solutions and new CYREN partner. VCW Security announced its partnership with CYREN just last month – and already finds itself securing online traffic for a leading football club's players, coaches and administrators.
Less than 60 days since their distribution partnership began, VCW Security and CYREN see fast-growing interest among organizations 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 will serve as a key component of our football club's comprehensive e-security efforts," said Ian Williams, COO at TNS. "By deploying CYREN's cloud-based service, we will ensure safe web access for our entire organization, including coaches, staff and players. The ability to protect our users on a wide variety of devices was one of the key top reasons for our choice."
"The short time that it took to sign our first end-user deal is a reflection of VCW's security expertise as well as the unmatched protection that CYREN WebSecurity offers as a full-featured, comprehensive SecaaS solution," said Simon Jackson, commercial director at VCW Security. "We are particularly pleased that our first install will help guard a football club against ever-growing internet threats."
"CYREN WebSecurity continues to spark interest among distributors and resellers who serve their local organizations on a daily basis and see firsthand the many benefits of a SecaaS solution, including enhanced next generation internet protection and unmatched convenience," said Lior Samuelson, CEO and Chairman of the Board at CYREN. "VCW Security's upcoming deployment of CYREN WebSecurity at a well-known UK football club just further underscores the level of innovation and simplicity that we are pleased to jointly offer."
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 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.
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.
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:
The Blueshirt Group
212 871 3927
CYREN Company Contact EMEA:
Regional Marketing Manager EMEA/APAC
+49 30 520 056 278
CYREN Company Contact:
Mike Myshrall, Interim CFO
+1 703 760 3320
CYREN Media Contact:
Zintel Public Relations
+1 281 444 1590
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