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New Distributor Onboarding Expected to Increase Fortinets Traction with Service Providers and Enterprises of all Sizes
SI LANKA, October 28, 2010 - Fortinet® (NASDAQ: FTNT) - a leading network security provider and the worldwide leader of unified threat management (UTM) solutions today announced that EGUADIAN has been appointed as a new distributor for the Sri Lankan marketplace. The move is to help strengthen Fortinets value proposition with key enterprise verticals such as finance, government and service providers in the country, drawing experience from the distributors strong regional track record, as a value added distributor to complement Fortinets visionary security technology portfolio. In particular, the go-to-market strategy will focus on accelerating the service provider market.
ÏEGUADIAN sees an excellent market opportunity in Sri Lanka to strengthen the solutions selling process with large enterprises and build solid sales infrastructure to support the large deals. On the other hand, the SMB market also presents a tremendous opportunity in this emerging market, said Shihan Annon, director for EGUADIAN Sri Lanka. ÏWe are confident of partnering Fortinet to tackle the toughest industry segments and an environment, as the security technology portfolio is widely regarded by major customers worldwide and has both the required depth and breadth to secure the most intensive networks today.
EGUADIAN will be distributing Fortinets broad product line which goes beyond UTM to help secure the extended enterprise from endpoints, to the perimeter and the core, including databases and applications.
ÏWe are pleased to have a highly regarded and experienced distributor like EGUADIAN partnering us to increase our traction in the Sri Lankan territory. Sri Lanka presents a strong market opportunity for Fortinet to further brand ourselves. Through this partnership, we look forward to gaining a strong leadership position as a security vendor with this partnership, as it is the right time and place to be in this market today, highlighted Vishak aman, regional director for India & SAAC for Fortinet. ÏIn addition, the service provider segment holds high potential for Fortinet, as our solutions can scale up to high powered network security performance and provide excellent branch office security at the same time.
Fortinets FortiGate systems are ASIC-accelerated security appliances that integrate essential security and network functionalities such as firewall, VPN, intrusion prevention, Web filtering, antivirus, anti-spam, data leakage protection, application control, traffic shaping and WAN acceleration. All FortiGate systems are kept up-to-date automatically by Fortinets FortiGuard Network, which helps ensure protection against the most damaging, content-based threats from email and Web traffic such as viruses, worms, intrusions, other unwanted network traffic and more - around the clock and around the world.
About EGUADIAN(http://www.e-guardian.net/)
Established in 2003, EGUADIAN has evolved to become one of the leading distributors of IT solutions in Asia. Our portfolio of infrastructure & data center consolidation, virtualization, optimization, business continuity, security & risk management helps organizations create an agile IT infrastructure that aligns with their business goals while taking a smarter, and more streamlined approach to help improve service, reduce cost, and manage risk.
About Fortinet (www.fortinet.com)
Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and the market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2009 Fortune Global 100. Fortinet's flagship FortiGate product delivers ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Fortinet's broad product line goes beyond UTM to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world.
Copyright © 2010 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, Fortieporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, Fortiesponse, FortiCarrier, FortiScan, FortiAP, FortiDB and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. This news release may contain forward-looking statements that involve uncertainties and assumptions. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and does not intend to update these forward-looking statements.
About Fortinet(www.fortinet.com)
Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and the market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2009 Fortune Global 100. Fortinet's flagship FortiGate product delivers ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Fortinet's broad product line goes beyond UTM to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world.
Copyright © 2010 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, Fortieporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, Fortiesponse, FortiCarrier, FortiScan, FortiAP, FortiDB and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties, such as statements attributed to IDC, and Fortinet does not independently endorse such statements. This news release may contain forward-looking statements, such as statements regarding trends of adoption by large enterprises and the ongoing adoption by MSSPs, carriers and small to medium businesses, that involve risks and uncertainties that could cause actual results to differ. isks and uncertainties include, among others, changes in market dynamics, changes in demand for UTM and other solutions, the introduction of new competitive solutions, economic risks and uncertainties, execution risks and uncertainties related, for example, to new product introductions and innovations, and other risk factors set forth from time to time in our filings with the SEC, copies of which are available free of charge at the SECs website at www.sec.gov or upon request from Fortinets investor relations department. If the risks or uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements in the event actual results differ, and does not intend to update these forward-looking statements.
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As a small focused team working on a variety of high profile projects, our main priorities are the quality of our work and the service we provide. IT has never been top of the agenda; the construction industry as a whole continues to use traditional processes and still communicates via fax and post in many instances. However, as more of our partners are working electronically, our IT has become business critical, and the need to secure our IT assets was something we knew we had to address, but without our IT expenditure going through the roof.