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BAI Security Standardizes on Fortinet's Integrated Security Platform for Managed Services OfferingReplacing point security products with Fortinet's integrated security platform reduces upfront expenses and provides enhanced security functionality for managed service providerSUNNYVALE, Calif., August 9, 2004 - Fortinet - the only provider of ASIC-powered, network-based antivirus firewall systems for real-time network protection today announced that BAI Security (BAI), a Managed Security Services Provider (MSSP), has standardized on the Fortinet integrated security platform to better meet its customers' information security needs. Through the implementation of Fortinet's FortiGate™ platforms, including the FortiGate-300™ , FortiGate-60™, and FortiWiFi-60™ Antivirus Firewalls, the FortiManager™ management platform, and FortiProtect™ update service, BAI realized enhanced efficiencies in the areas of administration, installation and ongoing maintenance. In addition, BAI has been able to lower its upfront and ongoing expenses while at the same time reducing costs for clients. As an MSSP, BAI's objective is to protect the information assets of businesses around the world, supporting regional and multi-national customers in the banking/finance, healthcare and education industries. In order to meet its customers' information security needs, BAI offers services in the areas of Managed Security (managed firewall, intrusion detection/prevention, antivirus, content filtering and security log correlation), Security Auditing (penetration testing and internal auditing), and Policy Development (acceptable use, configuration and administration standards). Looking to more cost-effectively and easily deliver and manage these service offerings, BAI chose to consolidate all of these services onto a single, integrated security platform. After evaluating several vendors, BAI chose Fortinet's FortiGate platform. "BAI's business depends on providing continuous network security services, in particular to data intensive industries such as healthcare and financial services," said Michael Bruck, president, BAI Security. "After careful evaluation, we determined that Fortinet's integrated security platforms, as an alternative to our previous network comprised of point security products, supports our core business and provides a flexible platform for our business to expand."
Fortinet Enables Managed Services "By standardizing our managed security service offering on the Fortinet platform, we've significantly reduced our up-front costs in new implementations while at the same time lowering costs for our clients," continued Bruck. "We are also now able to offer even more security services and functionality than before, which is driving new business opportunities in emerging markets." "Companies of all sizes are realizing the benefits of managed security services as a way to effectively and efficiently combat today's most complicated Internet threats," said Richard Kagan, vice president of marketing at Fortinet. "Fortinet has had strong acceptance in the MSSP market because our integrated platform provides MSSPs such as BAI Security with a unique ability to deliver differentiated and profitable offerings that meet a variety of customer needs without having to purchase, manage and maintain multiple point solutions."
About BAI Security (www.baisecurity.net)
Using leading-edge technology and a unique, multi-tiered Threat Response Methodology, BAI Security identifies suspicious activities and initiates a series of automated and manual actions to eradicate risks. Based in suburban Chicago, BAI Security has an international client base and uses its global scope to safeguard its clients from the latest security threats, wherever and whenever they occur.
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 We handle a lot of very confidential and time sensitive data for which security is absolutely essential. So, when we decided to move our existing services and systems online for more efficiency, we had to ensure that not only our data would be protected but also that our network would maintain its high performance, delivery throughput and high availability. Fortinet's FortiGate-800 systems provided the performance, flexibility and security we were looking for. Combined with other networked solutions deployed by DPS, we felt that it was the most effective solution for us. |