CYREN Signs One of its Largest European Distribution Deals with Hermitage Solutions

MCLEAN, Va., June 10, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN), a leading provider of cloud-based security solutions, today announced that Hermitage Solutions SARL, a distributor of IT security solutions based in Lyon, France, is the latest European partner to offer the cloud-based CYREN WebSecurity and CYREN EmailSecurity solutions.

With a network of more than 200 qualified and active resellers throughout France as well as Belgium, Estonia, Latvia, Lithuania and Luxemburg, Hermitage Solutions is one of CYREN's largest European distributors to date for its new Security as a Service (SecaaS) solutions.

"Opening many doors for CYREN's SecaaS solutions throughout six countries, Hermitage Solutions can play an important role in expanding CYREN's European presence," said Lior Samuelson, CEO and Chairman of the Board at CYREN. "We are pleased to work closely with a well-respected distributor such as Hermitage as well as its expansive network of qualified partners."

"Hermitage Solutions will soon launch its latest 'CyberDefense' portfolio of comprehensive SecaaS solutions for VARs," said Alain Takahashi, CEO at Hermitage Solutions. "We are pleased that CYREN WebSecurity and CYREN Email solutions will serve as key components of our cloud-based offerings. They help our partners address the de-perimetrization that their customers have experienced due to the ever-increasing mobility of today's workforce. CYREN's proven cloud-based solutions are a welcomed addition to our portfolio."

For more information on Hermitage Solutions, visit www.hermitagesolutions.com.

About CYREN WebSecurity
CYREN WebSecurity is a cloud-based Security as a Service (SecaaS) solution specifically designed for today's evolving business model. It provides 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. Delivering the low cost and high utility of cloud-based applications, CYREN WebSecurity is ideally suited to address explosive growth in the SecaaS market. Visit www.CYREN.com/web.

About CYREN EmailSecurity
Analyzing billions of emails each day, CYREN EmailSecurity is the industry's leading email protection service. As a SecaaS solution, it is simple to integrate and administer, scales to whatever size a business needs, and protects email from threats across all devices. CYREN offers white labeled versions to distributors, resellers and software vendors, allowing them to offer a continuously updated view of the world to protect organizations against new, ever-evolving threats and keep inboxes consistently clean. Visit www.CYREN.com/email.

About Hermitage Solutions
Hermitage Solutions is a French company headquartered in Lyon. In the French-speaking markets of EMEA, Hermitage Solutions is an importer and distributor of innovative network, infrastructure and security solutions. Hermitage Solutions offers a wide range of innovative and high quality products, supported with reactive and competent before & after-sales services. Hermitage Solutions was founded in 1997, and has companies in France, Belgium and Latvia, Lithuania. For more information, visit www.hermitagesolutions.com.

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: www.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.  

CYREN EMEA Contact
Valter Varani, Sales Director Southern Europe & MENA
CYREN
+39 335 77 09 183
[email protected]

CYREN Media Contact
Matthew Zintel
Zintel Public Relations
+1 281 444 1590
[email protected]

Hermitage Contact
Camille Abis, Marketing Manager
Hermitage Solutions
+33 (1) 84166521
[email protected]

U.S. Investor Contact, CYREN
Monica Gould
The Blueshirt Group
+1 212 871 3927
[email protected]

Israel Investor Contact, CYREN
Iris Lubitch
EffectiveIR
+972.54.2528007
[email protected]

SOURCE CYREN

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED