SOURCE: Bayshore Networks, Inc.

January 23, 2014 08:00 ET

Bayshore Networks® Reports Revenues and Bookings Doubled in FY2013

NEW YORK, NY--(Marketwired - Jan 23, 2014) - Bayshore Networks®, the leading provider of data-level controls and firewall technology for converged Information Technology and Operational Technology networks, today announced that it more than doubled its revenues and bookings in FY2013. The company attributed its ongoing growth to the ability of its flagship SingleKey™ and Bayshore SCADA Firewall™ technologies to provide data-level controls at line-speed in enterprise and industrial control organizations. 

"Our performance over the past year reflects the increasing need of our customers to protect their critical assets from industrial espionage, business disruption and increasingly sophisticated attack vectors," said Bayshore Networks' Founder and CEO Francis Cianfrocca. "Additionally, we expanded our Layer 7 application protection and content inspection capabilities throughout our customer base, to safeguard their intellectual property, source code, classified information and competitive data."

The following events were catalysts for Bayshore's continued market momentum in FY2013:

  • Significant customer wins, including a new Fortune 50 account in the manufacturing sector and a global non-governmental organization, among others.
  • An expansion of its strategic global distribution partnership with BAE Systems. The partnership provides cyber-security solutions to defense, intelligence and critical infrastructure customers facing increasingly sophisticated adversaries and Advanced Persistent Threats (APTs).
  • The launch of Pallaton, an innovative policy-expression language designed for SingleKey firewalls, which controls enterprise and SCADA applications down to the level of individual data elements. With Pallaton, SingleKey provides full-content inspection and policy enforcement at over 10 Gbps.
  • Bayshore was honored as a Vendor to Watch in 2013 by 451 Research and was recognized with an Honorable Mention at the 2013 SINET Showcase and Workshops.

Bayshore's Layer 7 content inspection technology differentiates it from the industry's prevalent Layer 3-only and http-only firewalls. It implements advanced behavioral analysis, application discovery and profiling as opposed to today's primarily signature-based solutions. In addition, Bayshore's multi-protocol firewalls deploy in the data center rather than at the perimeter.

About Bayshore Networks, Inc.
Bayshore Networks® is the leading provider of data-level controls and firewall technology for converged Information Technology and Operational Technology networks. Bayshore's technology platform is developed exclusively in the United States and is trusted by top defense contractors, government/critical infrastructure and commercial enterprise organizations. For more information follow Bayshore Networks on Twitter @bayshorenet or visit http://bayshorenetworks.com/.

Bayshore Networks® is a registered trademark; the Bayshore logo, SingleKey™, Bayshore SCADA Firewall™, and SingleView™ are trademarks of Bayshore Networks, Inc. in the U.S. and other countries. Our blog is located at http://bayshorenetworks.com/blog.

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