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Fortinet Establishes New Global HeadquartersNew Location in Sunnyvale, California Doubles the Size of Fortinet's Headquarters to Accommodate Growing Staff, Expanded Operations, and Increased Customer DemandSUNNYVALE, Calif., September 14, 2005 - Fortinet - the pioneer and market leader of Unified Threat Management and only provider of ASIC-accelerated, network-based multi-threat security systems for real-time network protection - today announced that it has moved its headquarters to a new larger building to accommodate its growing staff, expanded operations, and increased sales and customer demand. The new upgraded facility - a roughly 120,000 square foot building located at 1090 Kifer Road in Sunnyvale, California - doubles the size of Fortinet's previous headquarters and provides a state of the art manufacturing and shipping facility and a customer briefing center. It will house approximately 150 employees in the corporate/financial, engineering, legal, marketing, operations and sales functions. Since its founding in 2000, Fortinet has moved to upgraded headquarters five times in five years - a testament to the company's significant growth and market success. "Since founding the company five years ago Fortinet has grown to 550 employees and gone on to become one of the fastest growing network security companies in history," said Ken Xie, founder, president and CEO of Fortinet. "Our new headquarters are representative of our past and future growth and success and provide us with the scalability to expand as needed. I am excited to continue to build and lead my team from here." To support its global sales efforts, Fortinet also maintains regional offices in Australia, Austria, Canada, China, France, Germany, Hong Kong, India, Italy, Japan, Korea, Malaysia, Mexico, Philippines, Singapore, Sweden, Switzerland, Taiwan, Thailand and the UK.
Effective immediately, Fortinet's corporate headquarters contact information is:
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 Key to our selection of Fortinet was the truly integrated functionality of its FortiGate security appliances. In evaluating other solutions, we found that one product might have offered IPS but nothing much beyond that. Another offered a range of functions, but as a piecemeal solution from multiple vendor partners. We found that none matched the breadth of Fortinet's integrated platform. |