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Deloitte Based Rankings on Percentage of Fiscal Year Revenue Growth During the Period from 2007-2011
SUNNYVALE, Calif., – November 15, 2012 – Fortinet® (NASDAQ: FTNT) − a world leader in high-performance network security − today announced that it has been named to Deloitte's Technology Fast 500™ for the seventh consecutive year. Deloitte’s Technology Fast 500 ranks 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2007-2011.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
"Fortinet’s continued success in the industry is based on the company’s ability to address customer needs by quickly innovating and rapidly adapting to secure today’s high-performance and virtual IT network environments,” said Ken Xie, Fortinet founder, president and CEO. "We are honored to be featured again in this year's Technology Fast 500.”
The FortiGate family of physical and virtual integrated security appliances delivers superior performance, reliability and scalability including sophisticated protection against network, content and application-level threats without degrading network availability and uptime. While physical FortiGate appliances are ASIC-accelerated, leading to the industry’s best performance, both physical and virtual appliances integrate core security and network functionalities including firewall, SSL and IPSec VPN, application control, intrusion prevention and Web filtering along with more than 20 other capabilities in a single device. FortiGate's unique approach combines custom FortiASIC™ processors with latest generation general CPUs to minimize packet processing while accurately scanning the data for threats. Custom FortiASIC processors enable organizations to detect malicious content- and connection-based threats at multi-Gigabit speeds.
The Deloitte Technology Fast 500 ranking is compiled from nominations submitted directly to the Technology Fast 500 Website and public company database research.
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About Fortinet (www.fortinet.com)
Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and a market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2011 Fortune Global 100. Fortinet's flagship FortiGate product delivers ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Fortinet's broad product line goes beyond UTM to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world.
Copyright © 2012 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiAP, FortiDB and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties, and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, binding specification or other binding commitment by Fortinet, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions. Changes of circumstances, product release delays or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.
Our previous security vendor used a very complicated licensing model, which meant that the equipment became expensive for us to maintain, support and upgrade. Fortinet's FortiGate appliances have greatly simplified the way we deploy sophisticated security technologies for our clients and have streamlined our administration, while reducing our costs.