CUPERTINO, Calif. and SAN FRANCISCO, Calif. - April 28, 2003 - Symantec Corp., (Nasdaq: SYMC), the world leader in Internet security, today announced it was honored by CMP Media's Network Magazine with a 2003 Product of the Year Award in the Managed Security Services category for its Symantec Managed Security Services. The Products of the Year Awards are given by Network Magazine's award-winning editors to recognize the outstanding technical achievement of products and services that are most significant to the network IT community.
"The acquisition that resulted in Symantec Managed Security Services represents the convergence of technological excellence, deep security expertise, and financial stability," said Andrew Conry-Murray, business editor for Network Magazine. "These qualities are the keys to a successful service offering, and Network Magazine is pleased to recognize Symantec's leadership with this award."
"The Product of the Year Award is well known as a leading indicator of corporate success and market trends, and we are pleased that Network Magazine has cited Symantec for its technology innovation and business focus," said Amit Yoran, vice president of Symantec Managed Security Services. "We have quickly established significant market traction and are poised for continued success in 2003 and beyond."Symantec Client Security integrates antivirus, personal firewall and intrusion detection technologies to effectively protect desktops against today’s blended threats. Additionally, the critical response time during a blended threat outbreak can be dramatically shortened through Symantec Client Security’s single update mechanism, combining virus definitions, firewall rules and intrusion detection signatures.
Network Magazine's annual Products of the Year Awards are acknowledged as one of the networking industry's longest running and most distinguished awards programs. The awards are given to products and services released in the 2002 calendar year, and are evaluated on broad appeal of the product or service to the reader community; competitive enhancements; price/performance advantages; technical ingenuity; new features and applications; and serviceability to the market. Products of the Year Award winners will be featured in the May 2003 issue of Network Magazine and online at NetworkMagazine.com.
Symantec Managed Security Services delivers industry leading security monitoring, management, and response to our clients. Our 24x7 real-time services enhance an organization's information security posture through continuous monitoring and management, expert analysis, and immediate response to potential security threats. From our Security Operations Centers (SOCs) around the world, Symantec Managed Security Services provides flexible, vendor-neutral offerings to meet a variety of business needs. Symantec Managed Security Services provides organizations with a real-time view of their enterprise security posture and the analysis and commentary needed to adjust defenses against emerging attacks, for optimal protection of mission-critical assets.
CMP Media's Network Magazine
For 17 years, Network Magazine has provided in-depth technical analysis or network infrastructure to help Network IT Buyers make informed network deployment, specification, and management decisions. Network Magazine delivers Emerging Technology, Business Case, Product Focus, and Strategies & Issues features to its Network IT subscribers each month. CMP Media LLC (www.cmp.com) is a leading integrated media company providing essential information and marketing services to the entire technology spectrum-the builders, sellers and users of technology worldwide.
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, including forecasts of future revenue and earnings per share, expected industry patterns, and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates, particularly in consumer products; whether certain market segments, particularly enterprise security, grow as anticipated; the positioning of Symantec's products in those segments; the competitive environment in the software industry; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Symantec can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Additional information concerning these and other risk factors is contained in the Risk Factors sections of Symantec’s previously filed Form 10-K and Form 10-Q.