CUPERTINO, Calif. - June 12, 2000 - Symantec Corp. (Nasdaq: SYMC) today announced that Norton Internet Security 2000 is continuing its rapid rise on the PC Data Top 10 Business Software list. According to April 2000 figures, Norton Internet Security is currently the seventh best-selling business software in the nation. While other Internet Security products have yet to crack the longer Top 20 list, Norton Internet Security skyrocketed to the prestigious Top 10 short list in March 2000. PC Data figures for April show that Norton Internet Security remains a best-seller, having maintained a 70 percent unit share and an 80 percent revenue share for the last nine consecutive weeks.
"We are pleased at the unparalleled popularity of Norton Internet Security, but are even more pleased to know that thousands of consumers are now able to maximize the power of the Web without being susceptible to its vulnerabilities," said Steve Cullen, senior vice president of Symantec's Consumer Products Division.
PC Data figures demonstrate Norton Internet Security's role in defining, driving, and capturing the Internet Security software category. Although products such as McAfee GuardDog/Guard Dog Deluxe and SOS Best Defense entered the Internet Security market before Norton Internet Security, it was only after the arrival of Norton Internet Security in December 1999 that the market grew significantly. According to PC Data, the Internet Security category grew 200 percent from Q499 to Q100. In Q100, more than half of all units and 74 percent of all revenue in the growing category went to Norton Internet Security.
Norton Internet Security is also leading the competition among industry experts and reviewers, as evidenced by a series of awards the product has received since its introduction. Most recently, Norton Internet Security was named Editor's Choice by CNET in a head-to-head review.
Three other Symantec products were named to the PC Data Top 10 list for April 2000: Norton AntiVirus 2000, Norton SystemWorks, and WinFax Pro. Norton AntiVirus and Norton SystemWorks continued their hold on the number one and number three spots, respectively. Norton AntiVirus has made every list since January 1998; Norton SystemWorks has made every list since October 1998. WinFax Pro debuted in April's Top 10 list at number 10, up four places from last month's rankings.
PC Data is the industry standard for providing accurate and timely information about PC software and hardware sales. PC Data's list of Top-Selling Business Software in April is based on sales figures on units sold by 42 retail chains, representing more than 80 percent of the U.S. market. To ensure accuracy, the company uses a meticulous methodology to track the sales of every software, hardware, and video game SKU on the market. The company collects sales data directly from retail chains, mail order firms, and resellers and combines the numbers into industry totals on a product-by-product basis. As a result, PC Data reports represent the most precise and reliable market research available for virtually every computer-related product sold.
Symantec, a world leader in Internet security technology, provides a broad range of content security solutions to individuals and companies. The company is a leading provider of anti-virus protection, Internet content and e-mail filtering, and mobile code detection technologies to enterprise customers. Headquartered in Cupertino, Calif., Symantec has worldwide operations in more than 24 countries.
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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.