CUPERTINO, Calif. - April 19, 2001 - Symantec Corp. (Nasdaq: SYMC), a world leader in Internet security technology, today announced that national research firm Buckingham Research Group has initiated coverage of Symantec with an "Accumulate" rating.
The Buckingham Research Group joins nine other research firms currently covering Symantec, including A.G. Edwards; Adams, Harkness & Hill; First Securities Van Kasper; Pacific Crest Securities; Lehman Brothers; Prudential Securities; Salomon Smith Barney; Standard and Poors and Tucker Anthony Sutro Capital Markets.
Symantec, a world leader in Internet security technology, provides a broad range of content and network security solutions to individuals and enterprises. The company is a leading provider of virus protection, vulnerability assessment, intrusion prevention, Internet content and e-mail filtering, remote management technologies and security services to enterprises around the world. Symantec's Norton brand of consumer security products leads the market in worldwide retail sales and industry awards. Headquartered in Cupertino, Calif., Symantec has worldwide operations in 36 countries. For more information, please visit our Web site at www.symantec.com.
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.