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Radware Revenues Rise

TEL AVIV, Israel -- Radware (NASDAQ:RDWR), the leading provider of intelligent integrated solutions for ensuring the fast, reliable and secure delivery of networked and Web-enabled applications over IP today reported revenues of $20.2 million for the third quarter of 2006, an increase of 6% compared with revenues of $19.0 million for the third quarter of 2005, and $20.1 million revenues for the second quarter of 2006.

Net loss on a GAAP basis for the third quarter of 2006 was $1.1 million or $0.06 per diluted share, compared to net loss of $0.6 million or $0.03 per diluted share in the second quarter of 2006.

For comparative purposes, net income excluding the effects of stock-based compensation expense for the third quarter of 2006 was $0.6 million or $0.03 per diluted share, compared with net income of $0.3 million or $0.02 per diluted share in the second quarter of 2006 and net income of $1.6 million or $0.08 per diluted share in the third quarter of 2005.

Radware Ltd. (Nasdaq: RDWR)

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