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MCLEAN, Va., June 4, 2014 /PRNewswire/ -- CYREN (NASDAQ: CYRN), a global provider of cloud-based security solutions, today announced a distribution agreement with Istanbul-based Komtera. Under the partnership, Komtera will distribute the CYREN WebSecurity service beginning this month.
Serving more than 300 resellers with more than 7,000 end-user organizations countrywide, Komtera stands as a significant partner for CYREN WebSecurity and its entry into Turkey. Komtera is also set to offer the cloud-based CYREN EmailSecurity solution later this year.
"Komtera is pleased to name CYREN as our newest solution partner," said Cankat Domanic, deputy general manager at Komtera. "We chose CYREN to offer a dedicated, proven content filtering solution within our portfolio. As Turkey continues to embrace cloud-based solutions, many organizations are looking to outsource their IT resources, making CYREN WebSecurity an ideal option for our partners."
"With partners that serve Turkey's largest financial institutions and governmental departments, Komtera is a superb partner for CYREN's latest cloud solutions," said Lior Samuelson, CEO and Chairman of the Board at CYREN. "Enabling distributors and resellers to quickly offer SecaaS solutions, CYREN helps quickly open new revenue opportunities while also offering unmatched security."
Since January, CYREN has signed distributors and resellers in 20 countries.
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 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.
Komtera Information Technologies is a value added IT distributor based in Istanbul, Turkey. With a sales and technical support background of more than 10 years, Komtera provides professional products, solutions and services in IT security, data recovery and disaster recovery through a nationwide reseller network reaching thousands of small business and corporate accounts. Visit www.komtera.com.
CYREN is a global 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.
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 U.S. Investor Contact:
The Blueshirt Group
+1 212 871 3927
CYREN Israel Investor Relations Contact:
+972 54 2528007
CYREN Company Contact, EMEA Region:
Simone Leyendecker, Regional Marketing Manager EMEA
+49 30 520 056 278
CYREN Media Contact:
Zintel Public Relations
+1 281 444 1590
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