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QUICK FACTS
Year Founded
2000Stock Symbol
NASDAQ: FTNTHeadquarters
Sunnyvale, CaliforniaNumber of Employees
1,200+Financial Highlights
FY09 Revenue: $252M$260M+ cash and no debt Profitable First Product Release
May 2002Units Shipped to Date
500,000+Customers
75,000+ customersMarket Leadership
Top 4 Largest Network Security Appliance VendorPatents
40 patents100+ patents pending Industry Accolades
80+ awards, including:Security Product of the Year Best Integrated Security Appliance Best IPS solution Top Mid-market Solution 2006 Technology Pioneer 7 ICSA security certifications NSS certified (UTM) ISO 9001 certified Corporate and Securities Counsel
Wilson SonsiniGoodrich & Rosati Palo Alto, California Auditors
Deloitte Touche TohmatsuSan Jose, California We think highly of the FortiGate appliances ability to provide various security functions within one appliance, rather than forcing us to implement specific security software one by one. In addition, we liked its clear fee structure for initial licensing based on an annual per store cost. The deployment of FortiGate appliances enabled us to share a huge amount of data in a secure manner. We plan to drive further development, including a management system to understand all aspects of our outlets, such as photo shooting status, the delivery of commercial messages to our customers to highlight our outlets and the delivery of streaming images to our employees as part of training. Furthermore, we will consider developing a dedicated store system tailored for digital photography, rather than use a common POS system for retail outlets modified for photo studios. |