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About Fortinet

Fortinet (NASDAQ: FTNT)is a worldwide provider of network security appliances and a market leader in Network Security (FW/NGFW/UTM). Our products and subscription services provide broad, integrated and high-performance protection against advanced threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2011 Fortune Global 100. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world.

Founded in 2000 by Ken Xie, the visionary founder and former president and CEO of NetScreen, Fortinet is led by a strong and seasoned management team with deep experience in networking and security. Fortinet's market position has been validated by widespread recognition by industry analysts, business organizations, and media.

Fortinet's flagship FortiGate security appliances deliver ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Our broad product line of complementary solutions goes beyond Network Security to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications.
Fortinet's Yearly Revenue Growth

Fortinet generated $615m revenue and 15% year-over-year growth in 2013. The company is solidly profitable with more than $843M in cash, and is cash flow positive.


The Fortinet Advantage


Performance

Fortinet’s purpose-built hardware and software provide industry-leading performance for the most demanding networking environments. Our integrated architecture provides extremely high throughput and exceptionally low latency, minimizing packet processing while accurately scanning the data for threats. Custom FortiASIC™ processors deliver content inspection at multi-Gigabit speeds.

Security

Fortinet delivers a robust set of signature-based, heuristic, and advanced security technologies on top of a core high speed firewall and VPN foundation. These include intrusion prevention, application control, anti-malware, anti-spam, web filtering and more.

Simplify

Fortinet consolidates different network and security functions into a single appliance. This provides a more cost effective deployment, simplified operations and integrated security system.



Market Leadership Across the Board



IDC Worldwide UTM Market Share
Fortinet is the worldwide leading provider of UTM appliances, with a commanding 19% share of the UTM appliance market for Q1 2012, as determined by IDC®. IDC stated the UTM market grew more than 17% in 2011 to $2.2 billion and estimates that by 2016 the UTM market will be more than $4.3B, demonstrating a compounded annual growth rate of CAGR of 14% from 2010. IDC also expects that UTM revenues will surpass those of traditional firewall revenues in 2012 and will account for more than 33% of network security revenue in 2014. Fortinet has demonstrated consistent growth, outpacing firewall, IPS, and other security markets.

  • 61 of the Global 100
  • 8 of the top 10 Fortune companies in Americas
  • 9 of the top 10 Fortune companies in EMEA
  • 9 of the top 10 Fortune companies in APAC
  • 7 of the top 10 Fortune telecommunications companies
  • 9 of the top 10 Fortune banking companies
  • 9 of the top 10 Fortune defense/aerospace companies

Fortinet offers customers unparalleled third-party certifications


Global Presence

Fortinet is headquartered in Sunnyvale, California, with customer support, development and sales facilities throughout the world. Fortinet sells its system and subscription service products through a network of channel partners worldwide. To locate a Fortinet office in your region, view the complete list of our global locations, or contact us online for more information.

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Quick Facts

Year Founded

2000

Stock Symbol

NASDAQ: FTNT

Fortinet IPO: Nov 2009

Headquarters

Sunnyvale, California

Number of Employees

2,500+

Financial Highlights

FY2013 Revenue: $615M

$911m cash and no debt

Q2-2014 Revenue: $184M

Profitable

First Product Release

May 2002

Units Shipped to Date

1.6 million+

Customers

200,000+ customers

Market Leadership

3rd Largest Network Security Appliance Vendor

Patents

160+ patents issued

130+ patents pending

Industry Accolades

200+ awards, including:

Security Product of the Year

Best Integrated Security Appliance

Best UTM

Best IPS solution

Top Mid-market Solution

5 ICSA security certifications

NSS recommended (FW, NGFW, IPS, ATP)

ISO 9001 certified

Corporate and Securities Counsel

Fenwick & West LLP

Mountain View, California

Auditors

Deloitte Touche Tohmatsu

San Jose, California