Silver Peak and Hyundai HCN Partner to Bring Managed SD-WAN Services to Distributed Businesses and Service Providers Across South Korea

Singapore, June 1, 2017 – Silver
Peak, the global leader in broadband and hybrid WAN solutions, today
announced a partnership with Hyundai HCN Co., Ltd. to deliver a new managed
SD-WAN service based on Silver Peak Unity EdgeConnectSP and Unity Boost to business customers and
service providers across South Korea. The new managed SD-WAN service expands
Hyundai HCN’s residential consumer broadband and content services with a new
business practice focused on attracting enterprise and service provider
clients, making it the first service provider to offer a managed SD-WAN service
to the South Korean business market.

Hyundai HCN will offer the new managed SD-WAN service
directly to new business clients or as a turnkey offering to other service
providers seeking to offer expanded services to their business clientele across
the greater South Korean market.

Hyundai HCN and Silver Peak will work with global
partner Weston-Comstor to offer fulfilment and integration services of the
underlying Silver Peak EdgeConnectSP SD-WAN solution along with
complementarly security products from technology partner, Palo Alto Networks –
enabling new business clients to quickly and easily deploy and consume managed
network services that deliver the performance, security and service agility
required by geographically distributed enterprises.

After evaluating a range of competitive SD-WAN
offerings, Hyundai HCN selected Silver Peak EdgeConnectSP based
on the maturity of the solution, with more than 400 global customer deployments
and its easy-to-consume advanced security services and simple and scalable
pricing and consumption models. An additional advantage of the Silver Peak
SD-WAN solution is that it enbles service providers such as Hyundai HCN to
offer tiered managed SD-WAN services, including SLA-based performance for
on-premise and cloud-hosted applications. With the Unity OrchestratorSP multi-tenant
orchestration, Hyundai HCN will also have the ability to centrally manage and
optimize network and application performance for thousands of business customer
deployments.

“We are excited to expand our business with a new
practice focused on the significant untapped business market in South Korea,”
said Andy Kim, head of enterprise business and sales, Hyundai HCN Co., Ltd.
“Partnering with an industry leader in SD-WAN, Silver Peak, we are confident we
can quickly deliver a new managed SD-WAN service to business customers seeking
the flexibility to leverage any form of WAN connectivity, including broadband,
to connect employees to applications with the performance users expect and
their businesses demand.”

“We look forward to partnering with Hyundai HCN and
Silver Peak to bring a new managed SD-WAN service to distributed enterprises
across South Korea,” said Geun Woo Yang, Korean country manager,
Weston-Comstor. “By providing fulfillment, integration and value-added services
with our joint partners, including Palo Alto Networks, to enterprise customers,
we are enabling them to realize the full performance, security and cost savings
potential of an advanced SD-WAN solution.”

“We are delighted to serve as a foundational partner
with Hyundai HCN as they establish a new business practice focused on
enterprises and service providers across South Korea and the APAC region,” said
Shayne Stubbs, vice president service provider and cloud, Silver Peak. “Having
Weston-Comstor at the ready to provide turnkey fulfillment and integration
services will enable joint enterprise customers to bring up new managed SD-WAN
services with the ease, efficiency and effectiveness they require to drive
their businesses forward.”

Silver Peak is the global leader in broadband and
hybrid WAN solutions. Silver Peak offers a high-performance SD-WAN solution
that provides secure and reliable virtual overlays to connect users to
applications with the flexibility to use any combination of underlying
transport without compromising application performance. This results in greater
business agility and lower costs. More than 2,000 globally distributed
enterprises have deployed Silver Peak broadband and hybrid WAN solutions across
80 countries. Learn more at www.silver-peak.com.