CUPERTINO, Calif. --October 29, 1997-- Today Symantec Corporation (Nasdaq: SYMC) announced a new competitive upgrade program for corporate users of other anti-virus software to "Make The Break" by switching to Symantec's Norton AntiVirus (NAV).
Symantec's new program frees network administrators who are experiencing troubles with their current software to break away and move to Symantec's solution. The offer includes software to remove the current anti-virus product, special pricing (including a buy-back program for customers who have a term agreement), discounts on other Symantec site-license products, and a money-back guarantee.
"We know that many corporate customers feel their current product doesn't adequately protect them against viruses, especially macro viruses," said Matt DiMaria, vice president of marketing for Symantec. "Some feel their current system is difficult to manage, may be contributing to system crashes, and won't protect them from new virus threats."
NAV is the industry's leading automatic, comprehensive virus protection solution for multi-platform support in Windows 95, Windows NT, Windows/DOS, Novell NetWare and Macintosh. The software provides full multi-tier protection across all possible entry points for viruses, including shared floppy disks, the Internet, e-mail attachments and networks.
Symantec's Norton AntiVirus is the market share leader in anti-virus software. The latest PC Data report shows Symantec holds 58 percent of the corporate market; more than 15 million people worldwide use NAV to eliminate virus threats. In addition to leading virus protection and repair, network managers have also come to expect dependability and performance from Symantec – the most recent Virus Bulletin reports NAV is 15 times faster than the number two competitor.
Once users have NAV installed, they can take advantage of LiveUpdate and ongoing virus protection from the industry's largest team of virus experts who make up the Symantec AntiVirus Research Center (SARC). LiveUpdate supplies users with the latest virus definitions and continues for the life of the product free of charge. SARC--with offices located in the United States, Japan, Australia, and the Netherlands--provides global responses to computer virus threats and develops technologies that eliminate such threats.
Switching to NAV has never been easier or more beneficial, according to DiMaria. Symantec will provide special software that automatically removes an existing anti-virus solution across the network, making it easy for network administrators to install NAV.
Special site licensing is also included in the offer. For users who currently have a term license with another anti-virus software vendor, Symantec will buy back the remaining time on the license and apply it to the new Symantec license. For customers with a perpetual license from another vendor Symantec offers additional low pricing.
Finally, as part of the "Make the Break" program, Symantec is offering 10 percent off the purchase of any other Symantec site-license for products including ACT!. Users who make the switch will also be given a 60-day money back guarantee on their satisfaction of NAV over their old software.
The program is limited to corporate customers with a minimum of 250 nodes. The offer is only valid in the U.S. and only through December 31, 1997.
For more information about the "Make the Break" program call (888) 635-5550 or visit the Symantec web site at http://www.symantec.com.
Symantec Corporation helps make users productive and keep their computers safe and reliable anywhere and anytime. Symantec offers a broad range of solutions and is acclaimed as a leader in both customer satisfaction and product brand recognition. The company is focused on addressing customer needs in three main application areas: the Norton Product line of anti-virus and PC-assistance products; the pcANYWHERE, WinFax, and ACT! product lines that cater to remote user productivity; and the Café product lines in Internet development tools.
Founded in 1982, the company's global operations span North America, Europe, Japan, and several fast-growing markets throughout Asia Pacific and Latin America. Traded on Nasdaq under the symbol SYMC, Symantec Corporation is based in Cupertino, California, and employs more than 2,000 people. Information on the company and its products can be obtained by calling (800) 441-7234 toll free, (541) 334-6054, or accessed on the World Wide Web at http://www.symantec.com.
Click here to download a spreadsheet containing both a Consolidated Balance Sheet and Income Statement for the first quarter.
NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please view the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's web site.