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Fortinet Wins 2010 Frost & Sullivan Asia Pacific ICT Award for Network Security Vendor of the Year
Posted: Thu Jun 10, 2010 01:51:00 PM
Leadership Nomination Validates the Company’s Focus and Strength in Enterprise Security Market

June 10, 2010 - Fortinet® - a leading network security provider and worldwide leader of unified threat management (UTM) solutions, today announced that the company has received the 2010 Frost & Sullivan Asia Pacific ICT Award for Network Security Vendor of the Year. Voted by a distinguished panel of judges comprising C-level executives from key industry verticals and Frost & Sullivan analysts, Fortinet was evaluated against the top leading network security vendors on the market and has been selected for its exemplary growth and performance in 2009 in Asia Pacific.

“Fortinet has made tremendous strides in the network security market, an achievement undoubtedly driven by its foresight in leveraging on the rapidly emerging trend of security technology convergence,” said Edison Yu, industry manager for Frost & Sullivan Asia Pacific ICT Practice. “Despite a weakened business environment, Fortinet was able to significantly expand its business in 2009. Its technology innovation resonates strongly with enterprises re-architecting their data protection and applications security solution. Fortinet’s recruitment of well-established Tier-1 channel partners also strengthens its drive into the large enterprise segment. At last, their vertical based approach, coupled with a strong technology strategy, cements Fortinet’s position as a major network security player in Asia Pacific.”

Frost & Sullivan Asia Pacific ICT awards result from a detailed examination and rigorous analysis of the region’s information and communications technology and telecommunications industry. Associated to some of the biggest names in ICT, the Frost & Sullivan ICT awards seek to recognize companies that have pushed the boundaries of excellence - rising above the competition and demonstrating outstanding performance across Asia Pacific. The awards are presented to companies that demonstrate best practices in their industry, commending the diligence, commitment and innovative business strategies required to advance in the global marketplace.

As part of the Enterprise Vendor Category, the Network Security Vendor of the Year award is delivered on the following key criteria: market leadership and market share growth; revenue growth; product innovation and technology strategy; go-to-market strategy and key business achievements. The category definition includes the following security functions: firewall/IPSec VPN; SSL VPN and IDS/IPS.

Fortinet received the award during Frost & Sullivan’s award ceremony held on Thursday, June 10, 2010, at Shangri-La Hotel Singapore.

“We are honored to receive this award from Frost & Sullivan, a strong thought leadership influencer in the market, as it validates our value proposition for the enterprise in providing the next generation of network security solutions in replacement of legacy firewall/IPS products. It also acknowledges our strong commitment in the Asia Pacific region,” said Patrice Perche, vice president of International Sales and Support at Fortinet. “Since the inception of the company, our vision has been to develop a high-performance, integrated network security technology platform that would help our customers – including enterprises, service providers and telco carriers – benefit from the best levels of protection, flexibility and scalability. I consider this award as an excellent positioning platform to accelerate business growth in Asia Pacific.”

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.
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