Symantec Receives InfoWorld Business Impact Award for PowerVPN
CUPERTINO, Calif. - March 14, 2001 - Symantec Corp. (NASDAQ: SYMC) announced today it won an InfoWorld Business Impact Award for its market-leading virtual private networking (VPN) solution, PowerVPN®. Symantec was among several industry-leading companies honored for developing the best enterprise computing products.
InfoWorld selected Symantec's PowerVPN because of its power, flexibility and ease of use that is perfect for companies looking to implement a VPN in their existing network and security architectures. The award comes on the heels of a recent InfoWorld Test Center review praising PowerVPN's flexibility, interoperability and cost effectiveness. Earning an "excellent" rating, InfoWorld commended PowerVPN for its manageability, performance and compliance with international protocol standards. InfoWorld also praised PowerVPN's new, innovative personal firewall that blocks traffic to specified ports and ensures protection of always-on Internet services such as cable modems.
"We selected Symantec's PowerVPN for a Business Impact award because it can stand on its own and can operate with any firewall on the market, allowing for a quick and easy security solution. It is rare to find a security solution that is so easy to install and configure yet so rich in features," said Michael Vizard, editor-in-chief, InfoWorld. "We were also impressed by Symantec's release of a personal firewall with a VPN client that has varying levels of protection."
"To be chosen by InfoWorld from such a long list of technology products further validates our commitment to providing our customers with the highest level of security for open networks, helping protect telecommuters and remote office," said Barry Cioe, product director at Symantec. "PowerVPN offers the security and flexibility needed for our customers to successfully implement e-business solutions by reducing online access and management costs, and implementing the right level of security."
About The InfoWorld Business Impact Awards
The InfoWorld Test Center selects the finest enterprise solutions for its annual Business Impact awards. In each calendar year, products and services that received a score of "very good" or "excellent" in a Test Center Review are considered for the Business Impact awards. InfoWorld Test Center editors and analysts then nominate and vote in each category – application development, e-commerce, enterprise services and infrastructure, mobile computing, and security – for the products and services they believe had the most significant business impact on enterprises in 2000. No nominations for these awards are accepted from sources outside the Test Center.
According to a recent Frost & Sullivan report, U.S. Virtual Private Network Markets, Symantec grabbed 11 percent of the highly fragmented VPN software market in '99, gaining market share, while more than 25 vendors lost VPN market share.
PowerVPN 6.5 integrates two of Symantec's leading VPN offerings-PowerVPN and RaptorMobile-into a single, flexible, integrated solution for fast-growing enterprise users. The firewall-independent PowerVPN Server also works with any firewall and supports a wide range of protocols and standards to streamline installation, management and interoperability. Standards supported include: LDAP and Windows NT® Domain; X.509 PKI support for digital certificates; Westcoast Labs Checkmark certification; International Computer Security Association (ICSA) certification; full IPSec/IKE (Internet Key Exchange) support that lets the PowerVPN securely connect with other certified VPN solutions.
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, including statements regarding future technology and products, 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 risk that the Symantec and AXENT businesses will not be integrated successfully; the costs related to the merger; the difficulty of developing and marketing products that compete effectively with others, new security threats, and other economic, business, competitive and/or regulatory factors affecting Symantec's business generally. 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 the Company's previously filed Form 10-K for the fiscal year ended March 30, 2000.
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