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InvestmentPitch: Zacks Small-Cap Research Updates Coverage on CYREN Ltd (NASDAQ:CYRN) with an Outperform Rating - Video Research Alert on

Vancouver, BC, May 29, 2014 - Zacks Small-Cap Research has updated coverage on

Analyst Lisa Thompson has upgraded the company from neutral to outperform
giving the company a target price of $6.15, a premium of 107% to the $2.97
price on May 19th, the day the report was issued. has produced a "video research alert" about CYREN based on
this report. If this link is not enabled, please
visitwww.InvestmentPitch.comand enter "CYREN" in the search box.

CYREN, formerly Commtouch Software, is an email and web security software and
SaaS vendor. Until recently, the company sold its technology to OEM`s as an
engine to eliminate spam, phishing, etc., in products such a Gmail and
Checkpoint appliances.

The company launched its first cloud-based platform "CYREN WebSecurity" in
January and is building distribution and rolling out supporting data centres
now, and is in the process of building out a full cloud-based product line
that can be sold as a white label to vendors such as telcos and storage
providers to protect their customers. Clients include Google, Yahoo,
Microsoft and IBM.

Cloud-based security is on the rise according to Gartner who predicts that
what was $2.1 billion industry in 2013 will grow to a $4.1 billion in 2017.

On May 28th, the company launched its "CYREN URL Phishing Feed", a new service
that allows its web and email security partners to block phishing sites
before they reach unsuspecting end users.

Brett Wilson, vice president of products stated, "The launch of our new CYREN
URL Phishing Feed provides our partners with the
most powerful phishing protection technology available. Scanning billions of
emails each day, the CYREN GlobalView Cloud is able to provide our labs with
a truly global perspective that allows an ever-growing number of phishing
sites to be more readily identified - allowing our partners to add tremendous
value for their web and email security customers

Analyst Lisa Thompson added, "Versus public comparable companies in the
Internet security business CYREN is
considerably undervalued. CYREN is rolling out new higher growth products
that should accelerate revenues in 2015 and beyond which should translate to
a higher valuation and higher multiples more in line with its public peers

The company currently trades at $2.91, well below the $6.15 target price, and
with 26 million shares outstanding, the company is capitalized at $76

For more information about CYREN, please visit the company's website, contact Mike Myshrall at 703-760-3320, or In Europe contact David Orr at 44-7917-880-106

The company's investor relations is handled by Monica Gould of The Blueshirt
Group, who can be reached at 212-871-3927, or by email

About InvestmentPitch, a multimedia company that provides a combined solution
for creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals, specializes in
producing corporate interviews and three minute videos based on news releases
and research reports. Please visit and browse our
extensive library of investment videos.

Barry Morgan, CFO


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: InvestmentPitch via Globenewswire


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