Radware Receives INTERNET TELEPHONY(R) Magazine's 11th Annual Product of the Year Award

Radware, (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that Technology Marketing Corporation's (TMC(R)) INTERNET TELEPHONY magazine (http://www.itmag.com) has named SIP Director as a recipient of its 2008 Product of the Year Award.

SIP Director is a first-to-market, fully SIP-aware application delivery controller (ADC), based on Radware's award winning AppDirector, an intelligent ADC with advanced Layer 4-7 policies and granular packet classification to eliminate traffic surges, bottlenecks, connectivity disconnects and downtime. By using SIP Director carriers, operators, vendors, System Integrators and Telecom Equipment Manufacturers (TEM) can benefit from service continuity, enhanced user experience, reduced OPEX/CAPEX as well as shorter development and deployment cycles, which reduces time-to-market.

"SIP Director was designed with the customer in mind. It guarantees the high availability, performance and security of SIP-based applications and services, which is vital in today's converging web/VoIP environment," said David Aviv, Vice President, Advanced Services, Radware. "We are honored that INTERNET TELEPHONY has chosen to recognize SIP Director as it symbolizes our commitment to ensuring our customers stay competitive with forward-thinking product innovation."

"INTERNET TELEPHONY is pleased to grant a 2008 Product of the Year Award to Radware for their SIP Director. Radware has proven they are committed to quality and excellence while addressing real needs in the marketplace," said Rich Tehrani, TMC President and Editor-in-Chief of INTERNET TELEPHONY magazine. "We're proud to honor their accomplishments in the advancement of IP communications and look forward to more innovative solutions from them in the future."

A full list of Product of the Year winners will be published in the February, 2009 issue of INTERNET TELEPHONY magazine, (http://www.itmag.com). INTERNET TELEPHONY has been the authority in IP communication since 1998(TM).

For more information about TMC, please visit http://www.tmcnet.com.

About Radware

Radware (NASDAQ: RDWR), the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for more than 6,000 enterprises and carriers worldwide. With APSolute(TM), Radware's comprehensive and award-winning suite of intelligent front-end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit http://www.radware.com.

About INTERNET TELEPHONY magazine

INTERNET TELEPHONY has been the IP Communications Authority since 1998(TM). Beginning with the first issue in February of 1998, INTERNET TELEPHONY magazine has been providing unbiased views of the complicated converged communications space. INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs. INTERNET TELEPHONY magazine reaches more than 225,000 readers, including pass-along readers. For more information, please visit http://www.itmag.com.

About TMC

Technology Marketing Corporation (TMC) is an integrated global media company helping our clients build communities in print, in person and online. TMC publishes Customer Interactiolutions, INTERNET TELEPHONY, Unified Communications, and NGN Magazine. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. TMCnet is read by three million unique visitors each month worldwide, according to Webtrends. In addition, TMC produces INTERNET TELEPHONY Conference & EXPO and Communications Developer Conference.

This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.

Radware Contact:
Media Relations:
Joyce Anne Shulman
+1-201-785-3209