Report also Highlighted the Companys Strong Penetration in Government, Telecommunications, Financial and Education Vertical Markets in the APAC Region
SINGAPOE, Jan 8, 2010 - Fortinet® (NASDAQ: FTNT) - a leading network security provider and worldwide leader of unified threat management (UTM) solutions - today announced that IDC has reported Fortinet as a leading vendor in network security, offering an end-to-end security portfolio catering to service providers and enterprises of all sizes. The report also highlighted that the companys FortiGate® UTM product line meets the needs of enterprises requiring security products with strong technology, high performance, and lower total cost of ownership.
ÏThis dated perception that UTMs are only suitable for small- and medium-sized companies is being challenged by many organizations in the financial services, telecommunications, and infrastructure industries who have been successfully implementing UTM products designed for larger network topology, according to Judy Wu, research manager for IDC Asia Pacific security research. ÏIn fact, many telco companies in Asia Pacific have implemented Fortinets end-to-end security solutions and government offices have also deployed Fortinets enterprise-grade FortiGate UTM models to manage their complicated IT and network infrastructure.
IDC also reinforced that Fortinet is a technology-driven security vendor and indicated that the company is expected to build on the success of its UTM customer base to cross-sell products such as FortiMail™, FortiWeb™ and FortiDB™ across the Asia Pacific region. In particular, the report also highlighted FortiOS 4.0 and FortiCarrier™ solutions, as proof points to demonstrate Fortinets capability into the higher-end enterprise and service provider (SP) segments.
Patrice Perche, Fortinets vice president of International Sales and Support, commented: ÏFortinets innovative, integrated and cost-effective security approach has enabled many companies to weather the economic downturn without sacrificing their network security. As IDC points out, our value proposition is being recognized by organizations from all industries and all sizes - from SMBs, to carriers to large enterprises. In 2010, we will pursue our competitive differentiation through innovation and intensify our technology evangelism to enterprises in key market verticals such telecommunications, financial services and the public sector.
For more information on Fortinets vertical centric solutions, please visit http://www.fortinet.com/industries/ .
About FortiGate
Fortinets 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. All FortiGate systems are kept up to date automatically by Fortinets FortiGuard® Network, which helps protect 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. Fortinet solutions have won multiple awards and are the only security products that are certified in five programs by ICSA Labs for firewall, antivirus, IPSec VPN, network IPS and antispam.
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.
FortiWiFi
FortiAnalyzer
FortiManager
FortiMail
FortiSwitch
FortiAP
FortiBalancer
FortiDB
FortiCarrier
FortiGate
FortiAuthenticator
FortiClient
FortiWeb
