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Fortinet and ProCurve Networking by HP Align to Secure NetworksFortinet First Security Partner to Join ProCurve Alliance ProgramSUNNYVALE, Calif., April 17, 2007 - Fortinet® - a pioneer and leading provider of unified threat management (UTM) solutions - today announced that it is combining forces with ProCurve Networking by HP to enable secure networks for customers worldwide. Fortinet is the first security partner to join the ProCurve Alliance, a recently-announced program designed to offer customers security, mobility and convergence solutions that have been tested and qualified for interoperability with ProCurve offerings. Through this alliance, Fortinet will extend its award-winning FortiGate™ multi-threat security platform to the ProCurve network environment, playing a role in ProCurve's ProActive Defense strategy to proactively secure networks against internal and external threats. Fortinet will benefit from increased opportunities and market awareness resulting from its collaboration with ProCurve - the second largest networking vendor worldwide. ProCurve and Fortinet are already working together on product certification through extensive testing that will help to ensure solution interoperability. "Amidst an increasingly complex threat environment, networks in and of themselves must become more and more secure," said Richard Stiennon, chief marketing officer for Fortinet. "Utilizing Fortinet's ASIC-accelerated security appliances with ProCurve's ProActive Defense strategy further extends ProCurve's leadership position in enhancing the security of networks and providing customers with the deployment choice and flexibility they require." Fortinet's market-leading multi-threat security appliances allow the flexibility of coupling a variety of network protection capabilities closely with ProCurve's Network Immunity Manager to enable increased protection from internal and external threats. ProCurve Network Immunity Manager is a security management application that monitors switch ports across wired or wireless networks for virus attacks and allows administrators to set detection and response security policies. Fortinet FortiGate multi-threat security appliances are scalable, comprehensive network and content protection platforms that integrate eight essential security applications and services, including antivirus, firewall, VPN, intrusion prevention (IPS), anti-spam, anti-spyware, Web filtering and traffic shaping. FortiGate systems are kept up to date automatically by Fortinet's FortiGuard?subscription services, which provide continuous updates to help protect against the latest viruses, worms, Trojans, and other threats. "Defending the enterprise network against threats such as virus attacks is a critical component to enabling a trusted network infrastructure," said Paul Congdon, chief technology officer, ProCurve Networking by HP. "The pairing of ProCurve Network Immunity Manager with Fortinet's FortiGate platform fits very well with ProCurve's ProActive Defense Security strategy and we are looking forward to a strong collaboration."
About ProCurve ProCurve was positioned in the challenger quadrant in research and advisory firm Gartner, Inc.'s 2006 Magic Quadrant Report for Global Campus LANs and is the No. 2 networking company worldwide measured in both ports and Ethernet switch market revenue according to Dell'Oro Group. Further information on ProCurve networking solutions and products is available at www.procurve.com.
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 Fortinet has allowed us to bring our network security services in-house rather than spending money for an outsourced vendor to manage the network. A unified security solution works best for us, as we have a relatively small technical team. The FortiGate solution helps us to manage our time, skills and on-going costs more effectively. Because of our Fortinet deployment, we are expecting to save $1.5 million in network security costs over the next three years. |