Seeking Alpha

TEL AVIV, Israel & SAN FRANCISCO--(BUSINESS WIRE)-- Perion (PERI) (TASE: PERI) announced today that it has partnered with Lenovo to build a new program called Lenovo Browser Guard that will be pre-installed on select Lenovo laptops, PCs and tablets beginning in the second quarter of 2014.

Perion designed and developed Lenovo Browser Guard according to Lenovo's specifications.

"We are extremely proud that our technology has been selected by Lenovo to help power its first native browser protection tool," said Amir Nahmias, Vice President of Business Partnerships, Perion Codefuel. "Our solution equips Lenovo with the ability to provide its customers enhanced protection and real value. We see this product launch as a validation of our technology and we look forward to partnering with Lenovo as we roll out Lenovo Browser Guard across additional devices."

Lenovo Browser Guard, powered by Perion technology, provides customers a worry free solution by doing two important things. First it avoids attempts from 3d party software to change the default browser and search settings. Second it blocks attempts to install products that harm device performance, said David Cree, Director, Software and Content Services, Lenovo. This solution gives customers another layer of protection as they browse and shop online.

About Perion Network Ltd.

Perion powers innovation. Perion is a global performance-based media and Internet company, providing online publishers and app developers advanced technology and a variety of intelligent, data-driven solutions to monetize their application or content and expand their reach to larger audiences, based on our own experience as an app developer. Our leading software monetization platform, Perion Codefuel, empowers digital businesses to optimize installs, analyze data and maximize revenue. Our app promotion platform, Perion Lightspeed, enables developers to make wise decisions on where to spend advertising budgets to produce the highest yield and the most visibility. The Perion team brings decades of experience, operating and investing in digitally-enabled businesses, and we continue to innovate and create value for the app ecosystem. More information about Perion may be found at Follow Perion on Twitter @perionnetwork.

Forward Looking Statements

This press release contains historical information and forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 with respect to the business, financial condition and results of operations of Perion. The words will, believe, expect, intend, plan, should and similar expressions are intended to identify forward-looking statements. Such statements reflect the current views, assumptions and expectations of Perion with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results, performance or achievements of Perion to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, or financial information, including, among others, the failure to realize the anticipated benefits of the ClientConnect transaction; risks entailed in integrating the ClientConnect business with Perions other businesses, including employee retention and customer acceptance; the risk that the transaction will divert management and other resources from the ongoing operations of the two businesses or otherwise disrupt the conduct of those businesses, potential litigation associated with the transaction, and general risks associated with the business of Perion and with the ClientConnect business, including changes in the markets in which the businesses operate and in general economic and business conditions, loss of key customers, unpredictable sales cycles, competitive pressures, market acceptance of new products, inability to meet efficiency and cost reduction objectives, changes in business strategy and various other factors, whether referenced or not referenced in this press release. Various other risks and uncertainties may affect Perion and its results of operations, as described in reports filed by the Company with the Securities and Exchange Commission from time to time, including its annual report on Form 20-F for the year ended December 31, 2013. Perion does not assume any obligation to update these forward-looking statements.

Source: Perion Network Ltd.

Perion Media Contact:
Ellad Kushnir Matarasso
Corporate Marketing Manager

Source: Perion Network Ltd.

Copyright Business Wire 2014
Comments (0)
Be the first to comment