CEO Ken Xie and CFO Hal Covert Share Fortinet's Business and Technology Outlook
SUNNYVALE, Calif., February 8, 2005 - Fortinet - the confirmed market leader in Unified Threat Management (UTM) and only provider of ASIC-accelerated, network-based antivirus firewall systems for real-time network protection - will be presenting today at the Thomas Weisel Partners Tech 2005 Conference and the Kaufman Brothers Internet & Security Conference, both being held in San Francisco. Fortinet Founder, President and CEO Ken Xie and CFO Hal Covert will address key institutional investors and analysts on the company's leading new generation network security solutions - which have quickly gained global market acceptance - and corporate plans for 2005 and beyond. Fortinet is one of only a few privately held companies scheduled to present at these two events.
Tuesday, Feb. 8, 2005 presentation times and locations are as follows:
Thomas Weisel Partners is a merchant bank providing investment banking, institutional brokerage, private client services, private equity investing and asset management exclusively focused on the growth sectors of the economy. The Firm's distinctive competence is combining deep domain expertise with bulge bracket execution capability. The team at Thomas Weisel Partners has approximately 550 employees, including 70 partners, and is headquartered in San Francisco with additional offices in New York, Boston and Palo Alto.
Kaufman Bros., L.P. is a research-based, full-service investment bank, securities trading firm and brokerage operation serving the communications, media and technology universe. Drawing on a team of industry veterans and a strategic group of limited partners, Kaufman Bros. integrates financial, technical, operational, international and legal expertise to provide accurate and comprehensive analysis of industry trends to a range of communications, media and technology companies and professional investors.
About Fortinet (www.fortinet.com)
Fortinet is the confirmed leader of Unified Threat Management market. The company's award-winning FortiGate™ series of ASIC-accelerated multi-threat security systems, 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. Fortinet's solutions are the only security products that are certified seven times over by the ICSA (firewall, antivirus, IPSec, SSL, IDS, client antivirus detection and cleaning), and deliver a full range of network-level and application-level services in integrated, easily managed platforms. Named a Light Reading Top 10 Private Company and #4 on Silicon Valley/San Jose Business Journal's "Fast 50" list, Fortinet is privately held and based in Sunnyvale, California.
Since our Fortinet deployment, we are saving on average $250,000 a year in communications costs alone. Since deploying FortiMail we have seen a positive and dramatic change in the stability of our email server. FortiMail is blocking roughly 30,000 spam emails a day - that's more than ten million less junk emails a year our employees have to be bothered with.