ABOUT SYMANTEC

Press Release

Symantec in the Leaders Quadrant of the Magic Quadrant for Email Active Archiving

According to Symantec, adoption of Enterprise Vault is driven by ability to execute in meeting customer demands today and being well-positioned for tomorrow as the market evolves

CUPERTINO, Calif. – June 5, 2008 – Symantec Corp. (Nasdaq: SYMC) today announced that it has been positioned by Gartner, Inc. in the leaders quadrant in the 2008 Magic Quadrant for Email Active Archiving. [1] Symantec’s intelligent archiving platform, Enterprise Vault, stores, manages, and enables discovery of corporate data from email systems, file server environments, instant messaging platforms, and content management and collaboration systems.


“Leaders have the highest combined measures of an ability to execute and a completeness of vision,” according to the Gartner report authored by Carolyn DiCenzo and Kenneth Chin. “They have the most-comprehensive and most-scalable products. They have a proven track record of financial performance and established market presence. In terms of vision, they are perceived as thought leaders, with well-articulated plans for ease of use, how to address scalability and product breadth.”


“In my opinion, Symantec is in the leaders quadrant and remains the only market leader because of our ability to execute and meet the present customer demands around managing email and unstructured information effectively, so discovery is quick and complete,” said Francis deSouza, senior vice president, Symantec Information Foundation, Compliance & Security Management. “Additionally, our customers rely on Symantec with confidence in our ability to look forward to how we’ll be able to meet their next archiving need in a market that is growing so fast.”


Gartner has reported that the email archiving software market grew 33 percent in 2007 to reach $376 million and are forecasting a compound annual growth rate of nearly 36 percent until it reaches $1.72 billion by 2012. [2]

 

About the Magic Quadrant

The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

About Symantec

Symantec is a global leader in providing security, storage and systems management solutions to help businesses and consumers secure and manage their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.

 

NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please visit the Symantec News Room at http://www.symantec.com/news. All prices noted are in U.S. dollars and are valid only in the United States. Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.


[1] Gartner, Inc. "Magic Quadrant for E-mail Active Archiving," by Carolyn DiCenzo and Kenneth Chin, May 20, 2008

[2] Gartner, Inc. “Dataquest Insight: E-Mail Archiving Software Market, Worldwide, 2008,” by Alan Dayley and Carolyn DiCenzo, May 16, 2008