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Last updated on April 21, 2014 at 1:20 EDT

Radware Announces $40 Million Share Buyback Plan

April 25, 2013

TEL AVIV, Israel, April 25, 2013 /PRNewswire/ –

Radware(R) (NASDAQ: RDWR), a global leader of application delivery
[http://www.radware.com/Products/ApplicationDelivery/default.aspx ] and application
security [http://www.radware.com/Products/ApplicationNetworkSecurity/default.aspx ]
solutions for virtual and cloud data centers, today announced that its board of directors
has authorized a share repurchase plan allowing the repurchase of up to $40 million of
ordinary shares.

Share purchases will take place in open market transactions or in privately negotiated
transactions and may be made from time to time depending on market conditions, share
price, trading volume and other factors. Such purchases will be made in accordance with
applicable U.S. securities laws and regulations. The share repurchases will be funded from
available working capital. The buyback plan does not obligate Radware to buy back any
specific number of shares and may be suspended or terminated at any time at management’s
discretion.

About Radware

Radware [http://www.radware.com ] (NASDAQ: RDWR), is a global leader of application
delivery [http://www.radware.com/Products/ApplicationDelivery/default.aspx ] and
application security
[http://www.radware.com/Products/ApplicationNetworkSecurity/default.aspx ] solutions for
virtual and cloud data centers. Its award-winning solutions portfolio delivers full
resilience for business-critical applications, maximum IT efficiency, and complete
business agility. Radware’s solutions empower more than 10,000 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 http://www.radware.com.

Radware encourages you to join our community and follow us on LinkedIn
[http://www.linkedin.com/company/165642 ], Radware Blog [http://blog.radware.com ], Twitter
[http://twitter.com/#!/radware ], YouTube [http://www.youtube.com/radwareinc ] and the
Radware Connect [http://itunes.apple.com/us/app/radware-connect/id391124100?mt=8 ] app for
iPhone(R).

This press release may contain statements concerning Radware’s future prospects that
are “forward-looking statements” under the Private Securities Litigation Reform Act of
1995. These statements are based on current expectations and projections that involve a
number of risks and uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and estimates. These
risks and uncertainties, as well as others, are discussed in greater detail in Radware’s
Annual Report on Form 20-F and Radware’s other filings with the Securities and Exchange
Commission. Forward-looking statements speak only as of the date on which they are made
and Radware undertakes no commitment to revise or update any forward-looking statement in
order to reflect events or circumstances after the date any such statement is made.
Radware’s public filings are available from the Securities and Exchange Commission’s
website at http://www.sec.gov or may be obtained on Radware’s website at

http://www.radware.com.

        Contacts

        Chief Financial Officer
        Meir Moshe
        +972-3766-8610

        Corporate Media Relations
        Brian Gallagher
        +1-201-785-3206
        briang@radware.com

SOURCE Radware Ltd


Source: PR Newswire