On February 3rd, Radware Korea held a press briefing at the Park Hyatt Hotel near Samsung Station in Seoul. Radware Korea is a company specializing in application delivery and security for virtual and cloud data centers. The press briefing consisted of a review of Radware's 2015 business performance, announcement of 2016 strategy, and introduction of new products. Prior to the launch of new products, Radware Korea CEO Kim Do-gun opened the briefing, stating, "Security and cloud computing services have been very expensive, and the IT market is now moving toward rational consumption. Radware is developing Korea-tailored business accordingly."