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Fortinet Disputes Trend Micro Patent Infringement ClaimCompany to Seek Review of ITC RulingSUNNYVALE, Calif., May 13, 2005 - Fortinet - the confirmed market leader in Unified Threat Management and only provider of ASIC-accelerated, network-based antivirus firewall systems for real-time network protection - today announced that it is seeking review of the initial determination issued by the International Trade Commission (ITC) judge against Fortinet regarding a patent infringement complaint by Trend Micro. Fortinet will vigorously defend its intellectual property while it continues to operate its global business as usual with no impact to partners and customers. "Fortinet believes that it has been developing products with its own proprietary technology," said Ken Xie, founder, president and CEO of Fortinet. "Fortinet has and will continue to operate with the belief that all companies should respect the intellectual property rights of others."
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
Top 4 Largest Network Security Appliance VendorPatents
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 7 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 In looking for a network security vendor, it was very important for us to find one that would support our new EVDO network, one that we could manage remotely and one that had consolidated functionality so that we could easily and cost-effectively add network security functions on an as-needed basis. Fortinet was the only vendor that met all these needs. |