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|Fortinet Named to Deloitte Technology Fast 500 for Seventh Consecutive Year|
|Posted: Thu Nov 15, 2012 03:06:36 PM|
Deloitte Based Rankings on Percentage of Fiscal Year Revenue Growth During the Period from 2007-2011.
SUNNYVALE, Calif., – November 15, 2012 – Fortinet® (NASDAQ: FTNT) ? a world leader in high-performance network security ? today announced that it has been named to Deloitte's Technology Fast 500™ for the seventh consecutive year. Deloitte’s Technology Fast 500 ranks 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2007-2011.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
"Fortinet’s continued success in the industry is based on the company’s ability to address customer needs by quickly innovating and rapidly adapting to secure today’s high-performance and virtual IT network environments,” said Ken Xie, Fortinet founder, president and CEO. "We are honored to be featured again in this year's Technology Fast 500.”
The FortiGate family of physical and virtual integrated security appliances delivers superior performance, reliability and scalability including sophisticated protection against network, content and application-level threats without degrading network availability and uptime. While physical FortiGate appliances are ASIC-accelerated, leading to the industry’s best performance, both physical and virtual appliances integrate core security and network functionalities including firewall, SSL and IPSec VPN, application control, intrusion prevention and Web filtering along with more than 20 other capabilities in a single device. FortiGate's unique approach combines custom FortiASIC™ processors with latest generation general CPUs to minimize packet processing while accurately scanning the data for threats. Custom FortiASIC processors enable organizations to detect malicious content- and connection-based threats at multi-Gigabit speeds.
The Deloitte Technology Fast 500 ranking is compiled from nominations submitted directly to the Technology Fast 500 Website and public company database research.