Company Recognized Based on Increased Adoption of FortiGate Multi-Threat Security Appliances Across Large Enterprises
SUNNYVALE, Calif., November 1, 2010 - Fortinet® (NASDAQ: FTNT) - a leading network security provider and the worldwide leader of unified threat management (UTM) solutions today announced that it has been named to Deloittes Technology Fast 500Ì¢åãå¢ for the fifth consecutive year, Deloittes ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. ankings are based on percentage of fiscal year revenue growth during the period from 2005-2009.
Fortinet earned its no. 394 ranking on this years list based on its 216 percent revenue growth rate from 2005 to 2009. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the companys operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
ÏFortinets growth has been consistently driven by the adoption of FortiGate® multi-threat security technologies by large enterprises, as well as carriers and managed security service providers, said Ken Xie, Fortinet founder, president and CEO. ÏWe are honored to be included in this years Technology Fast 500 and we will continue to innovate to meet the security needs of our discerning customer segments.
Fortinets FortiGate appliances provide a high-performance, consolidated array of security and networking functions including complete content protection against network, content, and application-level threats without degrading network availability and uptime. All FortiGate systems are ASIC-accelerated security appliances that integrate core security and network functionalities including firewall, SSL and IPSec VPN, antivirus, intrusion prevention, Web filtering, antispam, application control, data loss prevention, SSL traffic inspection and WAN optimization. FortiGates unique approach combines custom FortiASICÌ¢åãå¢ processors with latest generation general CPUs to minimize packet processing while accurately scanning the data for threats. Custom FortiASIC processors enable organizations to detect malicious content- and connection-based threats at multi-Gigabit speeds.
The Deloitte Technology Fast 500 ranking is compiled from nominations submitted directly to the Technology Fast 500 Web site, and public company database research.
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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