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SUNNYVALE, Calif., March 4, 2004 -- Fortinet –
the only provider of ASIC-powered, network-based antivirus
firewall systems for real-time network protection – today
announced that Chris Paisley has been appointed to its board
of directors. Mr. Paisley is a renowned industry veteran with
a successful track-record of managing high-growth companies.
He brings to Fortinet’s board more than 20 years of industry
and financial experience, having formerly held management
positions at 3Com Corporation and Hewlett-Packard.
Mr. Paisley currently serves as the Dean's Executive Professor
of Accounting and Finance at the Leavey School of Business
at Santa Clara University. The bulk of his career was spent
at 3Com Corporation, where he held the position of senior
vice
president and chief financial officer and spent fifteen years
helping lead the company through its rapid growth as a data
communications leader. During his tenure at 3Com, the company’s
annual revenues grew from $50 million to nearly $6 billion.
Mr. Paisley also served as chief financial officer and vice
president of finance at Ridge Computers, and began his career
at Hewlett-Packard.
“I am pleased to welcome Chris to Fortinet’s board
of directors," said Ken Xie, Fortinet founder, president
and CEO. "His deep and broad business and industry knowledge,
coupled with his experience managing companies through high-growth
periods will be a valuable asset to Fortinet as we continue
to swiftly expand our position in the Internet security arena.”
Mr. Paisley joins Fortinet’s five-member board of directors
which includes Chariman David Tsang, the managing member and
co-founder of Acorn Campus, and Members John Walecka, a founding
partner of Redpoint Ventures; George Hara, director, founder
and managing partner of DEFTA partners; Ken Xie, Fortinet
founder, president and CEO; and Michael Xie, Fortinet founder,
CTO, vice president of engineering, and president of Fortinet
Canada.
Fortinet is a privately-held company funded by some of Silicon
Valley’s most respected venture capitalists. It was recently
cited by Dow Jones VentureWire as among the startups most
likely to succeed long-term.
About Fortinet (www.fortinet.com)
Fortinet's award-winning FortiGate™ series of ASIC-accelerated
antivirus firewalls, winner of the 2003 Networking Industry
Awards Firewall Product of the Year, are the new generation
of real-time network protection systems. They detect and eliminate
the most damaging, content-based threats from email and Web
traffic such as viruses, worms, intrusions, inappropriate
Web content and more in real time – without degrading
network performance. FortiGate systems, the only security
products that are quadruple-certified by the ICSA (antivirus,
firewall, IPSec, NIDS), deliver a full range of network-level
and application-level services in integrated, easily managed
platforms. Named to the Chunghwa Customer Win Release - 4
“Visionaries” category in the 2003 Gartner Enterprise
Firewall Magic Quadrant, Fortinet is privately held and based
in Sunnyvale, California.
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