SUNNYVALE, CA--(Marketwired - May 17, 2013) - Fortinet® (NASDAQ: FTNT) -- a leader in high-performance network security -- today announced that it has been honored with the 2013 Frost & Sullivan Network Security Vendor of the Year Award. The Award was presented yesterday at the 2013 Frost & Sullivan India Information and Communications Technology (ICT) Awards banquet held at the Le Meridien hotel in New Delhi.
This Award is a tribute to Fortinet's proven leadership, dynamic market strategy, product innovation, and consistent efforts by the team in delivering exceptional business performance across domains, as well as in demonstrating best practices and excellence during the past 12 months in India.
An independent panel of eminent judges including industry leaders from across the Indian ICT sector as well as Frost & Sullivan's ICT analyst team evaluated the various contenders for this Award based on their market performance, market strategy, innovation with new products, and alignment with key market trends. The award Fortinet received covers the Firewall/IPSec VPN, SSL VPN and IDS/IPS segments.
"Notwithstanding the challenging business scenario in India, Fortinet recorded impressive growth in 2012. This win is a direct outcome of a successful product strategy and strategic business partnerships, driven by a singular focus on intelligent innovation to meet customer needs," said Benoy C.S., Director, ICT Practice, Frost & Sullivan. "We recognize Fortinet as the Network Security Vendor of the Year in India because of its outstanding market performance, technology innovation, and consistent focus leading to a strong local presence."
The Frost & Sullivan Awards is a global program that recognizes outstanding industry achievement by companies across the world. The 11th edition of the India ICT Awards acknowledged exemplary companies and individuals that have pushed the boundaries of excellence, risen above the competition, and demonstrated outstanding performance in the ICT sector in India.
On this occasion, Vishak Raman, Fortinet's Senior Regional Director for India and SAARC, said: "It's indeed a matter of prestige to be recognized by Frost & Sullivan for our leadership in the network security market. This Award coincides with our 10th anniversary in the Indian market and is a testimonial of how the investments in our operations -- in sales, presales, support and marketing -- have paid off. Our product innovation, excellent support and relentless efforts in delivering value proposition to customers have differentiated us from the competition and position us for further growth in the year ahead."
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About Fortinet (www.fortinet.com)
Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and a market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2012 Fortune Global 100. Fortinet's flagship FortiGate product delivers ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Fortinet's broad product line goes beyond UTM to help secure the extended enterprise -- from endpoints, to the perimeter and the core, including databases and applications. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world.
Copyright © 2013 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiAP, FortiDB, FortiVoice and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties, such as Frost & Sullivan, and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, binding specification or other binding commitment by Fortinet, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions. Changes of circumstances or other risks as stated in our filings with the Securities and Exchange Commission, including our Annual report on Form 10-K for 2012, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.