CUPERTINO, Calif. - April 5, 2000 -- Symantec Corporation (Nasdaq: SYMC), a leading provider of Internet Security technology, today announced it has signed a procurement agreement, known as a Departmental Individual Standing Offer (DISO) with Public Works and Government Services Canada. This agreement will allow government departments, agencies and wholly owned government corporations to access Symantec products at pre-negotiated pricing, terms and conditions. This DISO agreement, number E60ET-9-0030/001/ET, allows the Canadian Federal Government, departments, agencies, departmental and crown corporations to procure Commercial Off the Shelf Software (COTS) products through December 31, 2001. "This procurement agreement represents a major accomplishment for Symantec," said Chris Monnette, Canadian General Manager for Symantec. "We feel this contract further illustrates Symantec's commitment to customers in the public sector and showcases the need for our products in this arena." Consideration for this type of agreement includes providing documentation outlining at least 10 awarded contracts for the purchase of the company's products by the various government entities. The DISO includes Symantec's enterprise focused products, including content security, anti-virus, remote control and disk cloning software. Government employees will be able to purchase these products through seven authorized resellers: GE Capital Information Technology Solutions Inc.; SoftChoice Corporation; Sensible Security Solutions; Software Spectrum; Software House International; Les Enterprises 3-Soft Inc. and EDS Innovations. For more information on DISO, please visit the following Software Acquisition Reference Centre url: http://software.pwgsc.gc.ca/home-e.cfm
Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.
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FORWARD LOOKING STATEMENT: 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 April 2, 1999 and all quarterly reports filed subsequent to such date.