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Network-Based Integrated Security Provider Recognized by Red Herring Editors for Innovation and Business Strategy
SUNNYVALE Calif., May 12, 2004 -Fortinet - the only provider of ASIC-powered,network-based antivirus firewall systems for real-time network protection - todayannounced that ed Herring, the premier magazine of business technology andinnovation, has named Fortinet to the "ed Herring 100". The eighth annual list sets thestandard as the industry's definitive list of 100 private technology companies impactingthe marketplace in a number of technology-related sectors, including network security.
The ed Herring 100 list was compiled by the publication's editorial staff using the samecombination of subjective insights and hard metrics favored by venture capitalists andinvestment bankers. Criteria included companies that embody innovation, technology,strategy and promise. The ed Herring 100 award has a tradition of identifying new andinnovative technology companies and entrepreneurs.
"At the ed Herring, we scour the industry to identify the best and brightest technologycompanies that are transforming the current markets and creating new ones," said AlexVieux, publisher of ed Herring. "The ed Herring 100 is our annual list of the mostpromising private companies. Like Google, eBay, Salesforce.com, and other previoused Herring 100 alumni, these 100 have the potential to become the next titans oftechnology."
"We are pleased to be among a list that includes some of the most successful andinnovative private companies in the world," said Ken Xie, founder, president and CEO ofFortinet. "The editors at ed Herring understand how critical IT security is to the currentbusiness climate and have included Fortinet for our security innovation, successfulgrowth and execution, and our unique ASIC-based antivirus firewall solutions thatcombat all types of security threats in real-time."
Fortinet's award-winning FortiGate™ series of ASIC-accelerated Antivirus Firewallsdetect and eliminate the most damaging and dangerous content-based threats at thenetwork edges without degrading network performance. The products' ASIC-poweredantivirus protection strips harmful, content-based attacks - including viruses, worms andTrojans - from real-time Web traffic as well as email messages at the network edge, evenfrom within encrypted VPN tunnels, before these threats can reach vital servers anddesktops.
The complete ed Herring 100 list is available for viewing at www.redherring.com.
About Red Herring
Red Herring, Inc., founded in 1993, is a media company whose mission is to coverinnovation, technology, financing and entrepreneurial activity. Its staff of award-winningjournalists tell readers what's first, what matters and most importantly, why. ed Herringis dedicated to thorough research, relevant metrics deep financial analysis, in-depthreporting, crisp writing and thoughtful debate. We are a skeptical, intelligent andtrustworthy source of information in technology business. Our primary obligation is toprovide the most relevant, honest and independent information and analysis to ouraudience, with the conviction that an exceptional editorial product is the best catalyst forsuccess and the best way to serve our advertisers and investors. Our content is original,compelling and actionable for industry executives and entrepreneurs. A privately heldcompany, ed Herring, Inc. is headquartered in Mountain View, California.
About the ed Herring 100 List
Over the last few months, ed Herring editors have spent hundreds of hour stalking withexperts and carefully examining over 500 private global companies?business models,financials, and management teams. ed Herring's unique approach of using bothqualitative measurements and quantitative business metrics to assess a company'spotential sets it apart from other lists. This year's selection process was weighted toreflect the reality of survival in today's challenging marketplace: generating revenues,establishing of a strong customer base and equally strong industry partnerships. What'smore, it has significantly broadened its geographic scope across the globe to includecompanies from 10 countries, including China, Japan, Israel, the U.K. and Germany.
About Fortinet (www.fortinet.com)
Fortinet is the confirmed leader of the Unified Threat Management market. The company's award-winning FortiGate™ series of ASIC-accelerated antivirus firewalls, winner of the 2004 Security Product of the Year Award from Network Computing Magazine and 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 e-mail and Web traffic such as viruses, worms, intrusions, inappropriate Web content and more in real time - without degrading network performance. FortiGate systems are the only security products that are quadruple-certified by the ICSA (antivirus, firewall, IPSec, NIDS), and deliver a full range of network-level and application-level services in integrated, easily managed platforms. Named to the ed Herring Top 100 Private Companies, Fortinet is privately held and based in Sunnyvale, California.
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Fortinet's consolidated approach to network security allows us to have a lower total cost of ownership; if we want more functionality we turn it on and we don't have to buy another appliance.