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Fortinet(R) Wins "Information Security Company of the Year" Award at SC Congress Canada 2012
Fortinet, Inc. (MM) (NASDAQ:FTNT)
Today : Monday 14 May 2012
Fortinet® (NASDAQ: FTNT) -- a world leader in high-performance network security -- today announced that the company won "Information Security Company of the Year" at SC Congress Canada 2012. The announcement was made at the exclusive SC Magazine Awards Gala, held at the Metro Toronto Convention Centre on Tuesday, May 8.
To be considered for "Information Security Company of the Year," nominees had to be tried-and-true, long-standing companies that have been offering products and services to customers for at least three years. Nominations came from all sectors. Industry judges reviewed a number of companies vying for this award and ultimately chose to present the award to Fortinet based on the company's product line strength, customer base, customer service/support, research and development, company growth, solvency and innovation.
This is the third SC Magazine award Fortinet has won this year. In February, the company's FortiGate-60C won the "Best UTM Security" award at SC Magazine's Reader's Trust awards held in conjunction with the annual RSA conference in San Francisco. In May, the company's FortiGate-300C won "Best Integrated Security Solution" at SC Awards Europe 2012 that took place in London. And the company is currently nominated for a 2012 SC Magazine Australia "Vendor of the Year" award, which will be announced on May 17 at a private ceremony during the AusCERT conference, which is being held near Brisbane, Australia.
"We are honored to be recognized by SC Magazine in Canada for our product breadth, customer service, and innovation," said Graham Bushkes, vice president sales, Canada. "We have experienced tremendous growth and adoption by large Canadian enterprise customers due to performance leading products and multi-layered support programs."
Fortinet employs more than 500 employees in Canada, more than 30 percent of the company's entire workforce. The company's largest research facility is located in Burnaby outside of Vancouver, which also houses the largest datacenter in western Canada. Fortinet helps protect the infrastructure of the Canadian government as well as major retailers, financial institutions and schools.
For more information on the FortiGate-300C, please visit: http://www.fortinet.com/products/fortigate/300C.html
For more information on the FortiGate-60C, please visit: http://www.fortinet.com/products/fortigate/60C.html
The mission of SC Awards Canada 2012 is to honor the achievements of companies and IT security professionals striving to safeguard businesses, their customers and critical data in Canada.
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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 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 © 2012Fortinet, 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, 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 SC Magazine, and Fortinet does not independently endorse such statements. Nothing herein constitutes a warranty, guarantee, or binding commitment by Fortinet. This news release may contain forward-looking statements that involve uncertainties and assumptions. 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. These trends are difficult to predict and any stated expectations regarding these trends may not ultimately be correct. Fortinet assumes no obligation to update any forward-looking statements, and does not intend to update these forward-looking statements.
FTNT-O
Media Contact:
Rick Popko
Fortinet, Inc.
408-486-7853
rpopko@fortinet.com
Fortinet revenue beats estimates
* Q1 adj EPS $0.11 vs est $0.11
* Q1 rev up 26 pct at $117.2 mln vs est $114.9 mln
* Billings rise 28 pct to $137 mln
* Shares up 6 pct in aftermarket trade
April 24 (Reuters) - Fortinet Inc reported better-than-expected quarterly revenue as more customers opted for its network security software and it found takers for its newer offerings.
Shares of the Sunnyvale, California-based company rose 6 percent in extended trading. They closed at $25.74 on Tuesday on the Nasdaq.
Revenue at the company, which competes with Israel-based Check Point Software Technologies Ltd and the security divisions of Cisco and Juniper Networks Inc , rose 26 percent to $117.2 million.
Billings -- revenue recognized during the period plus the change in deferred revenue -- rose 28 percent to $137 million.
First-quarter net income rose to $14.2 million, or 9 cents per share, from $13.6 million, or 8 cents per share, a year ago.
Excluding items, the maker of firewalls, antivirus software and tools to speed up data across wide-area networks earned 11 cents per share.
Analysts on average expected a profit of 11 cents per share, excluding items, on revenue of 114.9 million, according to Thomson Reuters I/B/E/S.
(Reporting by Chandni Doulatramani in Bangalore)
((chandni.doulatramani@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 6385; Reuters messaging: chandni.doulatramani.reuters.com@reuters.net))
Keywords: FORTINET/
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Thomson Reuters
Fortinet Reports First Quarter 2012 Financial Results
Fortinet, Inc. (MM) (NASDAQ:FTNT)
Today : Tuesday 24 April 2012
•Revenues of $117.2 million, up 26% year over year
•Billings of $137.0 million, up 28% year over year
•GAAP diluted net income per share of $0.09
•Non-GAAP diluted net income per share of $0.11
•Free cash flow of $46.9 million
•Cash, cash equivalents and investments of $600.3 million, with no debt
Fortinet® (NASDAQ: FTNT) -- a leader in high-performance network security -- today announced financial results for the first quarter ended March 31, 2012.
Financial Highlights for the First Quarter of 2012
•Revenue: Total revenue was $117.2 million for the first quarter of 2012, an increase of 26% compared to $93.3 million in the same quarter of 2011. Within total revenue, product revenue was $53.2 million, an increase of 32% compared to the same quarter of 2011. Services revenue was $62.1 million, an increase of 28% compared to the same quarter of 2011.
•Billings(1): Total billings were $137.0 million for the first quarter of 2012, an increase of 28% compared to $106.7 million in the same quarter of 2011.
•Deferred Revenue: Deferred revenue was $314.6 million as of March 31, 2012, an increase of 18% compared to deferred revenue of $266.0 million as of March 31, 2011, and up $19.7 million from $294.8 million as of December 31, 2011.
•Cash and Free Cash Flow(1): As of March 31, 2012, cash, cash equivalents and investments were $600.3 million, compared to $538.7 million as of December 31, 2011. In the first quarter of 2012, free cash flow was $46.9 million.
•GAAP Operating Income: GAAP operating income was $18.7 million for the first quarter of 2012, representing a GAAP operating margin of 16%. GAAP operating income was $17.4 million for the same quarter of 2011, representing a GAAP operating margin of 19%.
•GAAP Net Income and Diluted Net Income Per Share: GAAP net income was $14.2 million for the first quarter of 2012, based on a 28% tax rate for the quarter. This compares to GAAP net income of $13.6 million for the same quarter of 2011, based on a 25% tax rate for the quarter. GAAP diluted net income per share was $0.09 for the first quarter of 2012, based on 165.8 million weighted-average diluted shares outstanding, compared to $0.08 for the same quarter of 2011, based on 162.9 million weighted-average diluted shares outstanding(2).
•Non-GAAP Operating Income(1): Non-GAAP operating income was $25.5 million for the first quarter of 2012, representing a non-GAAP operating margin of 22%. Non-GAAP operating income was $20.0 million for the same quarter of 2011, representing a non-GAAP operating margin of 21%.
•Non-GAAP Net Income and Diluted Net Income Per Share(1): Non-GAAP net income was $17.5 million for the first quarter of 2012, based on a 34% effective tax rate for the quarter. Non-GAAP net income for the same quarter of 2011 was $13.9 million, based on a 33% effective tax rate. Non-GAAP diluted net income per share was $0.11 for the first quarter of 2012 based on 165.8 million weighted-average diluted shares outstanding, compared to $0.09 for the same quarter of 2011, based on 162.9 million weighted-average diluted shares outstanding(2).
(1) A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures."
(2) Effective June 1, 2011, we completed a two-for-one stock split of our outstanding shares of common stock effected in the form of a stock dividend. All prior share and per share amounts in this release have been retroactively adjusted so the stock split is reflected for all periods presented.
Management Commentary:
Ken Xie, founder, president and chief executive officer of Fortinet, stated: "The first quarter marked a strong start to the year for Fortinet, with continued demand for our core products and growing market acceptance of recently introduced products. We continue to leverage the investments we are making in our global sales organization to successfully penetrate large enterprises across all geographies, as well as take advantage of opportunities to grow in the high and low-end security markets. With a healthy pipeline of business and an exciting product lineup on tap for this year, we believe we are positioned well to continue to gain market share, as enterprises look to deploy high performance integrated network security solutions."
Ken Goldman, chief financial officer of Fortinet, stated: "We were pleased with our first quarter financial results which met or exceeded expectations across all of our key operating metrics. We achieved particularly strong growth in billings, revenue, and cash flow generation, and ended the quarter with a cash, cash equivalents and investments balance of more than $600 million and no debt. With a globally diversified business model, cutting-edge technology and a healthier economic environment, we believe we are well-positioned to continue to deliver solid growth for the remainder of the year."
Conference Call Details
Fortinet will host a conference call today, April 24, 2012, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss its financial results. To access this call, dial (877) 303-6913 (domestic) or (224) 357-2188 (international) with conference ID # 69744749. A live webcast of the conference call and supplemental slides will be accessible from the Investor Relations page of Fortinet's website at http://investor.fortinet.com and a replay will be archived and accessible at: http://investor.fortinet.com/events.cfm. A replay of this conference call can also be accessed through May 8, 2012, by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) with conference ID# 69744749.
Following Fortinet's earnings conference call, the Company will host an additional question-and-answer session at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to provide an opportunity for financial analysts and investors to ask more detailed product and financial questions. To access this call, dial (877) 303-6913 (domestic) or (224) 357-2188 (international) with conference ID # 69747844. This follow-up call will be webcast live and accessible at http://investor.fortinet.com, and a replay will be archived and available after the call at http://investor.fortinet.com/events.cfm. A replay of this conference call will also be available through May 8, 2012 by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) with conference ID # 69747844.
Tests Demonstrate Fortinet Delivers Industry-Leading IPS Performance
Fortinet, Inc. (MM) (NASDAQ:FTNT)
Today : Monday 19 March 2012
Fortinet® (NASDAQ: FTNT), a world leader in high-performance network security, today announced that it delivers the highest level of combined intrusion prevention system (IPS) performance and catch rate of the industry. Those results were achieved with the FortiGate®-3950B, Fortinet's next-generation firewall appliance for large enterprise and data center environments and are based on tests performed using BreakingPoint security testing products and NSS Labs test criteria methodology.
BreakingPoint security testing products are used throughout the world to harden networks and data centers in the face of escalating application loads and attacks. Those compact devices create high-performance application and attack traffic from hundreds of real-world applications, load from millions of users and broad security coverage that includes tens of thousands of current attacks and malware, as well as obfuscation and evasion techniques. Each BreakingPoint product features built-in automation to produce a standardized Resilience Score™ to measure network and data center performance; security and scalability; the performance of massive virtualized infrastructures in the face of peak user loads and attacks; and to validate the accuracy and performance of Lawful Intercept and Data Loss Prevention systems.
Following the NSS Labs IPS testing methodology, two L4 and L7 tests were conducted on the Fortigate-3950B appliance, one with IPS optimization enabled and the other without. The traffic setup was unidirectional and a large number of IP addresses were used on both the client and server sides to provide the most realistic testing conditions that reflect the largest number of devices present on a network.
Industry's Highest Performance IPS services and Best Catch Rate
An inline network device such as an IPS system needs to provide as a minimum requisite sufficient throughput and low latency. Throughput provides the necessary performance when transferring large volumes of content across a corporate network, while the latency level is important to ensure that latency-critical network applications, such as VoIP and video, work seamlessly. By using the BreakingPoint Enterprise Application Mix test and the high medium and critical IPS signature, the FortiGate-3950B provided a throughput of 16.9 Gbps. Such level of throughput is necessary to deliver the advanced IPS services required to detect and block incoming threats without affecting network performance. The tests also showed that the FortiGate-3950B's IPS technology achieved a latency level as low as 12.5 microseconds. With such results, Fortinet's IPS technology offers the best performance available in the industry today.
Another key parameter for today's systems is the ability to accept and process new connections every second. Tested using BreakingPoint security testing products, the FortiGate-3950B showed that the TCP traffic rate could support up to 100,000 new TCPs per second with IPS activated. Note that this result is 2.5 times higher in a pure firewall mode.
At last, the FortiGate-3950B appliance achieved a 91% IPS Attack Catch Rate while being subject to the enterprise traffic mix test, making it one of the best catch rates under load in the network security industry today. Equally, the zero failure rate recorded in the tests for application transactions and cumulative TCP connections, even at full CPU utilization, demonstrates the appliance's ability to effectively intercept malicious traffic without packet loss.
"Beyond marketing claims, we believe that it is essential to validate the performance of our network security solutions using metric-based, rigorous real-world testing," said Patrice Perche, senior vice president of international sales & support at Fortinet. "By leveraging BreakingPoint's security testing products, we prove once again Fortinet's strong foundation of high-performance security and real-time network protection to our customers."
Fortinet's FortiGate-3950B
The FortiGate-3950B next-generation firewall appliance offers unmatched levels of performance, scalability and security for large enterprise networks and managed service providers. Purpose-built by Fortinet, the FortiGate-3950B features custom FortiASIC™ processors, layered multi-threat protection from the FortiOS™ operating system and a flexible, modular architecture. The FortiGate-3950B provides up to 120 Gbps of firewall throughput and features a modular, space-saving 3-RU form factor, with five Fortinet Mezzanine Card (FMC) expansion bays.
The FortiGate-3950B's performance provides the power to detect, block or prevent threats in real-time. The appliance leverages the relevant IPS signatures from Fortinet's customizable database of thousands of known threats to stop attacks that evade conventional firewall defenses. Fortinet's anomaly-based detection enables the appliance to recognize threats even when no signature has yet been developed. New attack signatures are delivered 24/7 from the award-winning FortiGuard® Intrusion Prevention Service to provide automatic, real-time updates and keep organizations ahead of the latest threats. The combination of high performance interlaced with the Fortiguard team's known and unknown threat prevention, plus tight integration with other Fortinet security technologies, enables the FortiGate-3950B to stop the most damaging attacks at security check points regardless of whether the network is wired or wireless, or the IPS is located at the network core or perimeter.
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 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, such as BreakingPoint Systems, and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, or 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. 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.
FTNT-O
Media Contacts:
Rick Popko
Fortinet, Inc.
408-486-7853
rpopko@fortinet.com
1:24 PM Now that P-E firm Thoma Bravo has sold SonicWALL to Dell, it might turn its sights on acquiring Brocade (BRCD +1.9%), believes FBN's Shelby Seyrafi, who also thinks the deal will spell increased competition for Fortinet (FTNT). Brocade's buyout talks with Blackstone recently broke down.
10:34 AM Traders line up Fortinet (FTNT -0.7%) and Sourcefire (FIRE +0.8%) as two names in the network security sector that could see speculative buying in the wake of Dell's purchase of SonicWall from P-E firm Thoma Bravo.
Fortinet(R) Positioned in the Leaders Quadrant for Unified Threat Management
Today : Monday 12 March 2012
Click Here for more Fortinet, Inc. (MM) Charts.
Fortinet® (NASDAQ: FTNT) -- a world leader in high-performance network security -- today announced that the company has been positioned by Gartner, Inc. in the leaders quadrant of the "Unified Threat Management Magic Quadrant."
"Fortinet has been an innovator and leader in the unified threat management space for more than 11 years. As businesses and the threat landscape evolve, we continue to stay in front of the threats and deliver outstanding protection for our customers," said Ken Xie, founder and CEO of Fortinet. "Customers of all sizes understand the value of unified threat management because these types of appliances protect their networks while simplifying their IT environments, streamlining performance and lowering their total cost of ownership."
To be considered a UTM, security appliances must include a stateful firewall, remote access, site-to-site virtual private network support, Web security gateway functionality and network intrusion prevention, which are focused on blocking attacks against unpatched Windows PCs and servers.
Fortinet's FortiGate consolidated security platforms meet and exceed Gartner's definition. In addition to the required features, FortiGate security appliances deliver unmatched performance and protection while simplifying the network enabling multiple security functions to be managed in one console. FortiGate appliances and virtual appliances integrate the FortiOS™ operating system with FortiASIC™ processors to provide comprehensive, high-performance security. FortiGate appliances provide enterprise-class protection against network, content and application-level threats. Dynamic updates from Fortinet's FortiGuard Labs™ research team ensure FortiGate appliances are protected against the latest threats 24/7/365. Additionally, FortiGate platforms incorporate sophisticated networking features, such as high availability (active/active, active/passive) for maximum network uptime and virtual domain (VDOM) capabilities to separate various networks requiring different security policies. For more about the FortiGate family of products, please visit: http://www.fortinet.com/products/fortigate/.
Disclaimer: Gartner does not endorse any vendor, product or service depicted in their research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 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.
More information can be found at www.worldsfastestfirewall.com
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, FortiDB and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements, certification,or tests herein attributed to third parties and Fortinet does not independently endorse such statements. Nothing in the news release constitutes a warranty, guaranty, or contractually binding commitment, and, in addition, any product specifications or product performance discussed herein may be based on the products in a particular environment under particular circumstances. This news release may contain forward-looking statements that involve uncertainties and assumptions. 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, including but not limited to, any statements related to expected trends in cybercriminal activity. These trends are difficult to predict and any stated expectations regarding these trends may not ultimately be correct. Fortinet assumes no obligation to update any forward-looking statements, and does not intend to update these forward-looking statements.
Gartner "Magic Quadrant for Unified Threat Management" by John Pescatore, Greg Young, [5 March 2012].
FTNT-O
Media Contacts:
Roger Knott
Fortinet, Inc.
408-486-5443
rknott@fortinet.com
Fortinet(R) Unleashes Broad Range of New Network Security Appliances for Mid- to Large-Sized Enterprises
Fortinet, Inc. (MM) (NASDAQ:FTNT)
Today : Monday 5 March 2012
Fortinet® (NASDAQ: FTNT) -- a world leader in high-performance network security -- today announced the introduction of a wide range of new network security appliances that provide mid-sized enterprises with the power to manage the growing complexity of their IT infrastructure and secure their vital assets. Fortinet is rolling out a combination of consolidated command and control technologies as well as tailored solutions to help protect messaging environments, provide remote access authentication and optimize Web content caching. In all, Fortinet is rolling out five new products.
New Appliances Support Core Security Requirements
To help provide secure, Web-based command and control of Fortinet security infrastructures, Fortinet today introduced the new FortiManager™-400C, a centralized management appliance. The FortiManager-400C provides centralized policy-based provisioning, configuration and update management for FortiGate, FortiWiFi™ and FortiMail™ appliances, as well as FortiClient™ endpoint security agents. To drastically reduce management costs and overhead, the new appliance provides key features that include device discovery, group management, auditing facilities and the ability to manage complex mesh and star VPN environments. The 1-RU rack mounted unit supports 300 licensed network devices and up to 50 Administration Domains (ADOMs), a FortiManager concept that provides an administrator with the ability to create policy packages, folders and objects that can be shared between all FortiGate devices in a local ADOM.
Fortinet also launched the FortiAnalyzer™-400C. This appliance securely aggregates, analyzes and reports on log data gathered from Fortinet devices and other syslog-compatible devices. The appliance is designed to streamline the identification of attack patterns, measure policy compliance and assist organizations in complying with regulations regarding privacy and disclosure of security breaches. The new FortiAnalyzer-400C delivers a 4x increase in memory and storage capacity to support a significantly greater number of logs and logs-per-second performance over the FortiAnalyzer-400B.
Tailored Solutions for Messaging, Authentication & Caching
Following the launch of the company's FortiWeb™-400C appliance, a powerful Web application firewall, and FortiDNS™-400C appliance, a Domain Name Services (DNS) caching and DHCP appliance designed to prevent malicious attacks against DNS infrastructures and deliver high performance DHCP, Fortinet today also announced the new FortiMail™-400C secure messaging appliance. The FortiMail-400C is designed to provide rigorous protection against rampant spam, malware and message-borne threats to maintain business continuity. It delivers extended IPv6 support made possible by major enhancements in the newly released FortiMail 4.0 MR3 operating software. The new hardware platform provides a 30 percent improvement in message-per-hour (MPH) performance for email routing (400,000), FortiGuard Antispam (350,000) and combined FortiGuard Antispam/Antivirus (320,000) over the FortiMail-400B. In addition to quadrupling its available memory, the FortiMail-400C scales its onboard disk storage capacity to 2 TB to accommodate the growing demand for message archiving due to increasingly stringent regulatory requirements.
To deliver centralized user authentication and management through a variety of methods to validate the true identity of a user before allowing access to an organization's critical resources, Fortinet launched the FortiAuthenticator™-400C. The new appliance is fully equipped with RADIUS and LDAP, two-factor and certificate-based authentication schemes; it also supports a single sign-on capability. Major enhancements in the FortiAuthenticator-400C appliance include:
•Support for FortiToken™ Mobile: Software-based mobile tokens for the iOS and Android platforms are now provided. Token software iOS is available now from Apple iTunes and the Android version will be available March 15, 2012
•SMS and Email Two-Factor Authentication: This is ideal for low volume, strong authentication without the need for a physical token
•User Self-Registration: This allows users to self-register their profile details (such as name, username, email address, mobile number) in order to be granted access to enterprise resources such as wireless connections and guest portals
Rounding out Fortinet's mid-sized enterprise product introductions is the FortiCache™-400C, a dedicated content caching appliance focused on delivering high-performance video content caching. The FortiCache-400C is specifically designed to accelerate network performance by reducing the load and latency caused by bandwidth-intensive content such as video. By caching application content, organizations can reuse popular content rather than download the same content each time a users requests it.
New enhancements in the FortiCache-400C include:
•Web Content Filtering: The FortiCache 2.0 operating software integrates FortiGuard Web Filtering that allows network administrators to block access to selected applications to shield users from inappropriate or malicious content while enabling high performance URL rating
•WCCP Support: The FortiCache 2.0 operating software introduces Web Cache Communication Protocol (WCCP) support to enable scalability via integration with Fortinet and third-party WCCP-capable devices
"Mid-sized enterprises are seeking powerful security measures to manage the growing complexity of their IT infrastructures and keep pace with the evolving threat landscape, and they look to Fortinet to provide the significant price/performance improvements in the systems they deploy that align with their budgets," said Patrick Bedwell, vice president of product marketing with Fortinet. "The new products we're rolling out today address this need head on. As a result, smaller enterprises can benefit from very powerful security systems that were previously out of reach of their limited IT budgets."
Availability
The FortiManager-400C, FortiAnalyzer-400C, FortiWeb-400C, FortiDNS-400C, FortiMail-400C, FortiAuthenticator-400C, FortiCache-400C and FortiToken Mobile for iOS are available today. FortiToken Mobile for Android will be available March 15, 2012.
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 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, 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. Nothing herein constitutes a warranty, guarantee, or binding commitment by Fortinet. Notwithstanding anything to the contrary, nothing herein constitutes a warranty, guarantee, or 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. 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. These trends are difficult to predict and any stated expectations regarding these trends may not ultimately be correct. Fortinet assumes no obligation to update any forward-looking statements, and does not intend to update these forward-looking statements.
FTNT-O
Media Contact:
Rick Popko
Fortinet, Inc.
408-486-7853
rpopko@fortinet.com
12:11 PM Fortinet (FTNT -4.1%) dips on a valuation downgrade to Sector Perform at Pacific Crest, citing increased competition.
3:19 PM Just hours after Interpol announces the arrests of 25 hackers linked to Anonymous, the international police agency’s website was targeted in a cyberattack that left it unreachable for a period of time. It's probably not the tipping point for cybersecurity stocks such as FTNT, WBSN, WAVX - but it adds to a growing discussion on how ill-prepared many companies and governments still remain to ward off sophisticated attacks on their systems.
Fortinet Announces Participation in Q1 12 Investment Conferences
Fortinet, Inc. (MM) (NASDAQ:FTNT)
Today : Friday 3 February 2012
Fortinet® (NASDAQ: FTNT) -- a world leader in high-performance network security -- today announced its expected participation at the following upcoming investment conferences:
•Stifel Nicolaus Technology & Telecom Conference 2012, Dana Point, Calif.
Presentation: Tuesday, Feb. 7, 2012 at 10:55 a.m. Pacific Time
•Pacific Crest Emerging Growth Conference, San Francisco
Presentation: Tuesday, Feb. 14, 2012 at 10:30 a.m. Pacific Time
•America's Growth Capital 2012 Technology Conference, San Francisco
Presentation: Monday, Feb. 27, 2012 at 11:00 a.m. Pacific Time
•Morgan Stanley Technology, Media & Telecom Conference, San Francisco
Presentation: Monday, Feb. 27, 2012 at 1:00 p.m. Pacific Time
•Wedbush Technology, Media & Telecommunications Conference, New York
Presentation: Wednesday, March 7, 2012 at 10:55 a.m. Eastern Time
All of the above Fortinet sessions will be webcast, with live webcasts and replays available in the "Investor Events" section of the Company's Investor Relations page at: http://investor.fortinet.com/events.cfm.
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 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, 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. Nothing herein constitutes a warranty, guarantee, or binding commitment by Fortinet. This news release may contain forward-looking statements that involve uncertainties and assumptions. 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. These trends are difficult to predict and any stated expectations regarding these trends may not ultimately be correct. Fortinet assumes no obligation to update any forward-looking statements, and does not intend to update these forward-looking statements.
FTNT-F
Investor Contact:
Michelle Spolver
Fortinet, Inc.
408-486-7837
mspolver@fortinet.com
~ $FTNT ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $FTNT ~ Earnings expected on Tuesday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=FTNT&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=FTNT&p=W&b=3&g=0&id=p54550695994
~ Barchart: http://barchart.com/quotes/stocks/FTNT?
~ OTC Markets: http://www.otcmarkets.com/stock/FTNT/company-info
~ Google Finance: http://www.google.com/finance?q=FTNT
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=FTNT#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=FTNT+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=FTNT
Finviz: http://finviz.com/quote.ashx?t=FTNT
~ BusyStock: http://busystock.com/i.php?s=FTNT&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=FTNT&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=FTNT
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=FTNT
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=FTNT
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=FTNT
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=FTNT
~ MarketWatch: http://www.marketwatch.com/investing/stock/FTNT/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=FTNT
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=FTNT
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=FTNT&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=FTNT&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=FTNT&size=l&frequency=60&color=g
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Playbook game plan for FTNT on 12/30/2011
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