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|Fortinet Named to Deloitte Technology Fast 500 for Fifth Consecutive Year|
|Posted: Fri Nov 05, 2010 02:12:38 PM|
Company Recognized Based on Increased Adoption of FortiGate Multi-Threat Security Appliances Across Large Enterprises
November 1, 2010 - Fortinet® - a leading network security provider and the worldwide leader of unified threat management (UTM) solutions – today announced that it has been named to Deloitte’s Technology Fast 500™ for the fifth consecutive year, Deloitte’s ranking of 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 2005-2009.
Fortinet earned its no. 394 ranking on this year’s list based on its 216 percent revenue growth rate from 2005 to 2009. 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 growth has been consistently driven by the adoption of FortiGate® multi-threat security technologies by large enterprises, as well as carriers and managed security service providers,” said Ken Xie, Fortinet founder, president and CEO. “We are honored to be included in this year’s Technology Fast 500 and we will continue to innovate to meet the security needs of our discerning customer segments.”
Fortinet’s FortiGate appliances provide a high-performance, consolidated array of security and networking functions including complete content protection against network, content, and application-level threats without degrading network availability and uptime. All FortiGate® systems are ASIC-accelerated security appliances that integrate core security and network functionalities including firewall, SSL and IPSec VPN, antivirus, intrusion prevention, Web filtering, antispam, application control, data loss prevention, SSL traffic inspection and WAN optimization. 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 Web site, and public company database research.