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And Appoints New Country Manager
Moscow, ussia, October 5, 2010 - Fortinet®(NASDAQ : FTNT) - a leading network security provider and the worldwide leader of unified threat management (UTM) solutions announced today the opening of its first office in Moscow, ussia, and the appointment of Yan Skasyrski as country manager for the CIS region. Fortinets strong investment in that territory results from its international expansion strategy and aims at accelerating the penetration of the high-end security market locally.
Building on its success in EMEA, Fortinet has identified the ussian market as a strategic territory for expansion. The security vendor will focus on the growth of its high-end customer base, targeting primarily key segments such as telecommunications, ISP's, Large Enterprises, education and banking.
With local presence, the company aims to be in a strong position to further extend its market share for network security in ussia and, at the same time, offer local support to its fast-growing network of channel partners. With the appointment of Yan as country manager, Im confident that we now have the right basis to reach our goals for the CIS markets. With his strong sales and market expertise, Yan will be a driving force to increase our high-end customer base, said Peter uijters, egional Director North/Eastern Europe & ussia.
Yan Skasyrski joins Fortinet as Country Manager for the CIS region, after 11 years of sales, business development and channel management experience gained at organizations including JIB Group, Marvel Distribution and most recently Hewlett-Packard, where he worked seven years. In his last position at HP, Skasyrski was responsible for channel management of the Enterprise Servers and Storage division.
ÏIts a great honor for me to join the Fortinet family and to be responsible for driving its development in ussia. My priority will be to recruit the right partners in the CIS area and get them committed to Fortinets brand ÌâåÈ, said Yan. ÌâåÇ I really believe that the company has a fantastic opportunity to extend the extraordinary success gained in other markets.
About Fortinet(www.fortinet.com)
Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and the 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 2009 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 © 2010 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, Fortieporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, Fortiesponse, 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, such as statements attributed to IDC, and Fortinet does not independently endorse such statements. This news release may contain forward-looking statements, such as statements regarding trends of adoption by large enterprises and the ongoing adoption by MSSPs, carriers and small to medium businesses, that involve risks and uncertainties that could cause actual results to differ. isks and uncertainties include, among others, changes in market dynamics, changes in demand for UTM and other solutions, the introduction of new competitive solutions, economic risks and uncertainties, execution risks and uncertainties related, for example, to new product introductions and innovations, and other risk factors set forth from time to time in our filings with the SEC, copies of which are available free of charge at the SECs website at www.sec.gov or upon request from Fortinets investor relations department. If the risks or 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 in the event actual results differ, and does not intend to update these forward-looking statements.
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