SOURCE: The Bedford Report

The Bedford Report

April 26, 2011 08:16 ET

Demand for Qihoo 360 and Check Point Software Products on the Rise as Cybercrime Surges

The Bedford Report Provides Analyst Research on Qihoo 360 Technology & Check Point Software

NEW YORK, NY--(Marketwire - Apr 26, 2011) - The surge in mobile device use has increased the necessary reach of cyber security. Cyber threats have become more sophisticated, as hackers not only strive to compromise networks directly but also attack mobile devices that have access to critical infrastructure. The Bedford Report examines the outlook for companies in the Cyber Security Industry and provides research reports on Qihoo 360 Technology Co. (NASDAQ: QIHU) and Check Point Software Technologies Ltd. (NASDAQ: CHKP). Access to the full company reports can be found at:

The boom in cybercrime has led to a surge in revenues for cyber security companies which find their products in more demand than ever. Some companies are looking to cloud computing options as a way to provide security to mobile devices while others are looking to embed security in devices.

Recognizing security as a fundamental need of internet and mobile users, Qihoo 360 offers comprehensive internet and mobile security products free of charge, providing users with secure access points to Internet activities. According to iResearch, Qihoo 360 is the top provider of mobile security products in China. Qihoo 360's core mobile security product is 360 Mobile Safe. 360 Mobile Safe is a security program for the Google Android, Apple iOS and Nokia Symbian Smartphone operating systems.

The Bedford Report releases regular market updates on the Cyber Security Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

Earlier this month Check Point Security said revenue rose 15% to $281.3 million while earnings per share rose 16% to 64 cents in its fiscal first quarter. The company forecast revenue of $290-$297 million in the second quarter and EPS excluding items of 63-67 cents.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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