Radware Announces New Appointment to Its Board of Directors

TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Radware^® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has appointed Mr. Alex Pinchev to serve as an independent director of Radware's Board of Directors. Mr. Pinchev will serve as a member of the Board until the company's next annual meeting of shareholders when his appointment will be up to a shareholder vote.

"Mr. Pinchev brings a wealth of experience to Radware's board," said Yuval Cohen, chairman of Radware's Board of Directors. "His proven track record in managing successful global businesses brings a valuable perspective to Radware's strategy as we remain focused on delivering value to our customers, employees, and shareholders."

"I'm honored to join Radware's Board of Directors and look forward to contributing from my experience to provide insight and guidance related to the company's various activities," said Mr. Pinchev.

Mr. Pinchev has held numerous leadership and board positions across several high-tech companies throughout his career. He currently serves on the boards of several privately owned companies and has previously served as president of global sales, services, and field marketing of Red Hat, Inc. and president of global sales and marketing of Rackspace Limited (NASDAQ:RXT) as well as held board positions in Quantum Corporation (NYSE:QMCO) and BMC Software (NYSE:BMC). In addition, he continues to advise and invest in startups and firms seeking global expansion through Capri Ventures, an early-stage fund that he founded. Mr. Pinchev holds a bachelor's degree in applied mathematics and a master's degree in computer science, both from the ITMO University in St. Petersburg, Russia.

About Radware

Radware^® (NASDAQ:RDWR) is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection, and availability services to enterprises globally. Radware's solutions empower 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 the Radware website.

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Media Contact:

Gerri Dyrek

Radware

Gerri.Dyrek@radware.com