Symantec Signs Agreement With German Savings
Bank Organization (Siz) For Up To 100,000 Seats
CUPERTINO, Calif. - Feb. 25, 2000 -- Symantec Corporation (NASDAQ: SYMC)
announced today that The Savings Bank Organization (SIZ) in Bonn, Germany has
signed an agreement for up to 100,000 seats of Symantec's content security and
other solutions. The agreement was signed with the SIZ IT Center and applies to
all institutions associated with the SIZ.
The IT Center plans, coordinates and executes all IT business for the SIZ and
associated institutions and has negotiated close relationships with a number of
leading data processing and telecommunications products and services to ensure
cost-efficient and rapid service for products and services.
A main component of the agreement with Symantec is a license for Norton AntiVirus
Enterprise Solution, which provides protection for networks on all major
platforms including: Windows 3.x, 95, 98, NT and Windows 2000, Macintosh and
OS/2, Internet E-Mail Gateways, Solaris and firewalls, as well as MS Exchange,
Lotus Notes and NetWare.
The agreement with SIZ also covers other Symantec solutions including remote
control and remote management technologies and URL blocking and email filtering
About the SIZ
- With an increasing number of competitors coming into the financial services
market from overseas and other sectors, the Savings Bank Financial Group is
compelled to make reductions in costs and improvements in efficiency.
This can only be achieved through group cooperation. The IT center for the savings bank
organization (SIZ) is in charge of the following major activities in this process:
- The grouping of IT activities in the savings bank organization;
- The development of strategies for the future organization of technologies;
- The organization of cooperation in application development between the development teams in the savings banks and Land banks.
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.
NOTE TO EDITORS:
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Symantec, the Symantec logo, VERITAS, and the VERITAS logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the United States and certain other countries. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.
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.
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