CYREN WebSecurity Service to be Offered by AvailaSoft in APAC Region

MCLEAN, Va., July 24, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN), a global provider of cloud-based security solutions, today announced it signed AvailaSoft as a CYREN WebSecurity distribution partner based in Hong Kong.

Availasoft is a leading security vendor with a large network of customers mostly located throughout the Asia-Pacific region. Primarily focused on offering security, mobility and education solutions through distributors, resellers and Internet Service Providers (ISPs), AvailaSoft will initially begin offering bundled CYREN WebSecurity services through its long-time partners in Australia, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.

"We see this partnership with CYREN has an innovative and expeditious path toward new revenue stream opportunities using the SecaaS model," said Mr. Argon Chan, vice president of business management at AvailaSoft. "CYREN WebSecurity allows us to offer our partners a comprehensive cloud-based web security service designed to protect anyone on any device – and that's a convenient, reliable tool that can quickly differentiate an IT services firm."

AvailaSoft has successfully partnered with CYREN since 2009 through CYREN's acquisition of FRISK Software International's F-Prot Antivirus business.

"With the Asia-Pacific region proving to be a significant contributor to CYREN WebSecurity's growth, we are pleased to expand our partnership with AvailaSoft to include our latest SecaaS solution," said Lior Samuelson, CEO and Chairman of the Board at CYREN. "AvailaSoft's notable reseller and ISP partners throughout Asia further help expand our fast-paced presence in that region."

For more information on AvailaSoft, visit www.availasoft.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
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/CyrenInc

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
+1 212 871 3927                                                
[email protected]  

CYREN Company Contact EMEA:
Simone Leyendecker|
Regional Marketing Manager EMEA/APAC
+49 30 520 056 278
[email protected] 

CYREN Company Contact:                                                                
Mike Myshrall, Interim CFO                                                                                               
CYREN
+1 703 760 3320
[email protected] 

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

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SOURCE CYREN

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