SOURCE: Symantec

October 05, 2005 08:00 ET

Symantec Completes Acquisition of WholeSecurity

CUPERTINO, CA -- (MARKET WIRE) -- October 5, 2005 -- Symantec Corp. (NASDAQ: SYMC) today announced the completion of its acquisition of WholeSecurity, Inc., a leading provider of behavior-based security and anti-phishing technology. WholeSecurity solutions protect PCs from crimeware such as worms, Trojan horses, keystroke loggers, and phishing attacks. WholeSecurity's products leverage behavioral technology to protect users from these threats, whether they are known or unknown, on both managed and unmanaged PCs. The acquisition was announced on Sept. 22, 2005.

With phishing attacks, one of the fastest growing threats to online transactions, and the risk of zero-day threats increasing, consumers and enterprises require security solutions that can quickly detect malicious code based on the actions and characteristics of each threat, without traditional signatures or patches. The combination of WholeSecurity's behavior-based technology with Symantec's industry leading information security, availability, and integrity solutions is expected to enable Symantec to bring real-time protection to consumer and enterprise desktops.

Recently named by Fortune Magazine as a 2005 Breakout Company, WholeSecurity delivers its Confidence Online family of products to guard against phishing scams and to protect unmanaged and remote PCs, corporate managed PCs, and consumer e-commerce sessions.

About Symantec

Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at

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This press release contains forward-looking statements, including statements regarding the anticipated benefits of the merger, that involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by these statements. Such risk factors include, among others, difficulties encountered in integrating merged businesses and the ability to successfully combine product offerings and customer acceptance of combined products. Actual results may differ materially from those contained in the forward-looking statements contained in this press release. Additional information concerning these and other risk factors is contained in the Risk Factors sections of Symantec's most recently filed Forms 10-K and 10-Q. Symantec undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release.

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