CUPERTINO, Calif. -- August 18, 1997 -- Symantec Corporation (Nasdaq: SYMC), the leading provider of utilities, anti-virus, and communications software, was awarded Vendor-of-the-Year for Productivity Software by CompUSA Inc. at CompUSA's 1997 General Managers Meeting at the Wyndam Anatole Hotel in Dallas, TX on Thursday, August 14, 1997. Criteria that were considered for this prestigious award included: product quality, marketing partnership, and commitment to growth. Symantec has the distinction of being the only supplier to win this award twice.
"By consistently supporting CompUSA year after year, Symantec has demonstrated a strong commitment to partnership and to growing our mutual businesses," said Larry Mondry, CompUSA Executive Vice President of Merchandising. "Symantec continues to be a market leader in its categories."
"Symantec's partnership with CompUSA has been a tremendous business opportunity and we are now honored to have been selected to receive this top award once again," said Dana Siebert, Symantec's vice president of the Americas. "Symantec is committed to providing our customers with the best software solutions available and with CompUSA's help in the retail channel, we look forward to continuing our prosperous relationship."
CompUSA, based in Dallas, is one of the nation's leading retailers and resellers of personal computers and related products and services, currently operating 133 CompUSA Computer Superstores in 61 major metropolitan markets across the United States.
Symantec Corporation helps make users productive and keep their computers safe and reliable anywhere and anytime. Symantec offers a broad range of solutions and is acclaimed as a leader in both customer satisfaction and product brand recognition. The company is focused on addressing customer needs in three main application areas: the Norton product line of anti-virus and PC-assistance products; the pcANYWHERE, WinFax and ACT! product lines that cater to remote user productivity; and the Cafe product lines in Internet development tools.
Founded in 1982, the company's global operations span North America, Europe, Japan and several fast growing markets throughout Asia Pacific and Latin America. Traded on Nasdaq under the symbol SYMC, Symantec Corporation is based in Cupertino, California and employs more than 2000 people. Information on the company and its products can be obtained by calling (800) 441-7234 toll free, (541) 334-6054 or accessed on the World Wide Web at http://www.symantec.com.
This press release contains forward-looking statements. There are certain important factors that could cause Symantec's future development efforts to differ materially from those anticipated by some of the statements made above. Among these are the anticipation of the growth of certain market segments, the positioning of Symantec's products in those segments, the competitive environment in the software industry, dependence on other products, changes to operating systems and product strategy by vendors of operating systems, and the importance of new Symantec products. Additional information concerning those and other factors is contained in the "Risk Factors" section of the company's annual report on form 10-K for the fiscal year ended March 29, 1997.
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