CYREN Inks Italian Distribution Agreement with Weskom

Deal expands network of European partners offering cloud-based CYREN WebSecurity service

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Apr 01, 2014, 06:15 ET

MCLEAN, Va., April 1, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN), a leading provider of cloud-based security solutions that deliver powerful protection through global data intelligence, today announced a new distribution partnership with Weskom, a leading Italian IT solutions distributor. Under the agreement, Weskom will offer the CYREN WebSecurity service both directly and through a network of more than 10 resellers across Italy.

"CYREN WebSecurity allows us to provide our customers and reseller partners with an easily deployed, yet powerful web security solution that is based on proven cloud technology," said Sandro Orlandi Commercial Director at Weskom. "The security-as-as-service market stands as a significant opportunity for us. We are confident that a partnership with CYREN is the best path for us to address this fast-growing need."

"We are pleased to name Weskom as one of our first partners to offer the CYREN WebSecurity service in the European market," said Lior Samuelson, CEO and Chairman of the Board at CYREN. "In just a few months since its launch, CYREN WebSecurity has attracted the attention of leading distributors, resellers and vendors around the globe, reinforcing its unique cloud-based approach that arms our partners with a turn-key revenue opportunity in the SecSaaS market."

For more information on Weskom, visit www.weskom.it

About CYREN WebSecurity

CYREN WebSecurity is a cloud-based security-as-a-service (SecSaaS) solution specifically designed to provide SMB and medium-sized organizations with powerful web security on any device, anywhere. CYREN provides white labeled versions to distributors, resellers and software vendors, allowing them to serve 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 SecSaaS market that is fueled by BYOD trends, an increasingly mobile workforce, and the management of information assets beyond the boundaries of traditionally secured network perimeters. 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 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 security 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.

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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:	Israel Investor Contact:
Monica Gould	Iris Lubitch
The Blueshirt Group	EffectiveIR
212.871.3927	+972.54.252.8007
[email protected]	[email protected]

CYREN Media Contact:	Weskom Contact
Matthew Zintel	Sandro Orlandi
Zintel Public Relations	Commercial Director
281.444.1590	+39 3403261699
[email protected]	[email protected]