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Fortinet Ranked No. 1 in Worldwide UTM Revenue for 2006 by Leading Market Research FirmCompany Also Sees Significant Growth in High-End Multi-Threat System AdoptionSUNNYVALE, Calif., March 22, 2007 - Fortinet® - a pioneer and leading provider of unified threat management (UTM) solutions - today announced that IDC research data confirms that the company ranked No. 1 for worldwide UTM revenue for 2006. Additionally, in line with Fortinet's objectives to grow in the high-end market, IDC data confirmed that in Q4 2006, Fortinet experienced significant quarter over quarter growth in shipments of its high-end security systems. Data in IDC's Worldwide Quarterly Security Appliance Tracker, Q4 2006, which also includes data for 2006, indicated:
"Fortinet has seen a strong increase in customer demand for our high-end FortiGate security systems, which is supported by IDC's latest data," said Ken Xie, founder and CEO of Fortinet. "This demand has been driven by large enterprises, MSSPs and carriers worldwide that recognize that Fortinet provides the most flexible, scalable and comprehensive multi-threat security platform available to address their varying security needs." IDC defines UTM security appliance products as those that integrate multiple security features within one device, including network firewalling, network intrusion detection and prevention (IDP), and gateway anti-virus. Fortinet takes UTM further through its family of award-winning FortiGate™ multi-threat security systems that integrate eight essential security applications and services - including firewall, antivirus, virtual private network (VPN), intrusion prevention (IPS), anti-spam, Web content filtering and traffic shaping - that can be deployed individually, or combined as a UTM solution. For more information on Fortinet solutions, please visit: www.fortinet.com/products.
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 As a provider of comprehensive IT solutions for global enterprise customers, HP Network Services certainly sees the need for unified security and application acceleration solutions to improve network security, performance and total cost of ownership. We've already had a successful partnership with Riverbed and Fortinet in delivering these services to customers in EMEA and look forward to expanding our relationship to other parts of the world. |