Fortinet’s CEO Ken Xie to Present at Lehman Brothers 2004 Global Software and IT Services Conference

SUNNYVALE, Calif, March 5, 2004 – Fortinet – the only provider of ASIC-powered, network-based antivirus firewall systems for real-time network protection – today announced that its Founder, President and CEO Ken Xie will present at The Lehman
Brothers 2004 Global Software and IT Services Conference at 10:30 a.m. on March 8, 2004 at The Ritz Carlton Hotel in Half Moon Bay, Calif. Addressing an audience of institutional investors and financial analysts, Xie will discuss Fortinet’s corporate and product strategy, and the network security requirements that are driving rapid market adoption of the company’s high-performance antivirus firewall solutions.

Lehman Brothers is a global investment bank that serves the financial needs of corporations, government, institutional clients, and individuals worldwide. Their annual Global Software and IT Services conference feature presentations from industry-leading companies that offer global perspectives on trends within the enterprise, infrastructure, security, storage, Internet, outsourcing, consulting and systems integration sectors. More information on the conference can be found at:
http://www.lehman.com/conferences/200403SoftwareITServices/welcome.htm

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.

 




QUICK FACTS
Year Founded
2000
Stock Symbol
NASDAQ: FTNT
Headquarters
Sunnyvale, California
Number of Employees
1,200+
Financial Highlights
FY09 Revenue: $252M
$260M+ cash and no debt
Profitable
First Product Release
May 2002
Units Shipped to Date
500,000+
Customers
75,000+ customers
Market Leadership
WW UTM Factory Revenue Leader
Top 4 Largest Network Security Appliance Vendor
Patents
40 patents
100+ 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 Sonsini
Goodrich & Rosati
Palo Alto, California
Auditors
Deloitte Touche Tohmatsu
San 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.

Koichi Inatani, Information Systems Department
Studio Alice's Operations Head Office