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Fortinet and Dacom Sign Strategic Alliance To Offer Integrated Security Services To Enterprises In KoreaPartnership will drive the growth of security services throughout Korea; Nearly 3,000 FortiGate units to be shipped in 2004SUNNYVALE, Calif. And HONG KONG, Feb. 10, 2004 Fortinet the only provider of ASIC-powered, network-based antivirus firewall systems for real-time network protection today announced it has signed a strategic partnership in Korea with fixedline carrier Dacom Corp. to jointly deliver an integrated security service. Under the pact, the two companies will market and sell Secure Box, an integrated security solution based on Fortinets FortiGate series of antivirus firewalls, to small and medium sized enterprises that utilize Dacoms leased line services. Secure Box delivers a comprehensive security service that helps enterprises fight computer viruses, Trojans and worms, hacking attempts and other security concerns at an affordable monthly rate. Fortinet estimates it will ship nearly 3,000 FortiGate units to Dacom in 2004 as a result of the alliance. FortiGate units will be provided for a three-year period under the agreement with Dacom, and Sysone Co., a Fortinet Korea distributor partner, will manage technical support and maintenance services. Dacom is focused on leading-edge, growth-oriented markets
such as e-business, information security and Internet data
centers. In order to develop a solid managed security service,
we needed a technology partner with a security solution that
our The FortiGate systems that will be shipped for the Secure Box service offer eight security functions: antivirus, firewall, network intrusion detection and prevention (IDS/IDP), virtual private network (VPN), content filtering, traffic shaping, and e-mail filtering. All models in the FortiGate product family employ Fortinets unique FortiASIC content processing chip and the powerful, secure, FortiOS operating system to achieve breakthrough price/performance. The unique, ASIC-based architecture goes beyond deep packet inspection, which can miss many attacks, and employs complete content protection technology to reassemble and analyze content and behavior across hundreds or thousands of packets while maintaining real-time performance. The result is a combination of services and performance that cannot be matched using conventional layer 3/layer 4 networking architectures, or by deploying software applications on conventional computer systems. Says Chung Man-jin, president of Sysone, Fortinets
integrated security solutions support automated updates, removing
the burden of constant and cumbersome management from our
support staff. The FortiGate systems are also very scaleable, In Korea, managed security services are gaining momentum, particularly within small to medium sized enterprises (SMEs) where IT departments are typically smaller and budgets are stretched thin, said Richard Kagan, vice president of marketing at Fortinet. As SMEs scale their businesses, expand operations and build out global network resources, their exposure to the growing number of Internet-borne security threats also grows. Dacom, Fortinet and Sysone have developed a security service that can eliminate damaging financial and productivity costs that result from attacks such as the most recent MyDoom outbreak. As an initial step, Fortinet offers the FortiGate-60 solution for Dacoms small enterprise clients with less than 50 employees. Later in the first quarter of 2004, Dacom will expand the product offering to include the whole range of security products from Fortinet. The carrier-class FortiGate 4000 platform is scheduled to be added to the Dacom service in the second half of this year. Dacom Corp. (www.dacom.net
) About Fortinet (www.fortinet.com)
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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
WW UTM Factory Revenue Leader Top 4 Largest Network Security Appliance Vendor Patents
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 6 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 With the superior performance of the Fortinet FortiGate security appliances, we can provide our enterprise customers with broad protection, consolidated for ease of management and maintenance. Additionally, Fortinet's appliances support 3G/3.5G wireless network connections, which will enable more flexibility and scalability for enterprises. |