July 18, 2013 at 9:00 AM EDT

Fortinet Wins Frost & Sullivan APAC Network Security Vendor of the Year Award

SUNNYVALE, CA -- (Marketwired) -- 07/18/13 -- Fortinet® (NASDAQ: FTNT) -- a world leader in high-performance network security -- today announced that it has been honored with the 2013 Frost & Sullivan Asia Pacific Network Security Vendor of the Year Award. The trophy was presented yesterday at the Frost & Sullivan Asia Pacific ICT Awards banquet held at the St. Regis Hotel in Singapore.

This accolade is a tribute to Fortinet's dynamic market strategy, product innovation and excellent customer service relative to its peers. The award also credits Fortinet for its revenue and market share growth, breadth of solutions and acquisition of major customers.

An independent panel of eminent judges that was comprised of Asia Pacific industry leaders as well as Frost & Sullivan's ICT analyst team evaluated the various contenders for this award based on the aforementioned criteria. The award covers the Firewall/IPSec VPN, SSL VPN and IDS/IPS market segments.

Edison Yu, associate director, Asia Pacific, ICT Practice, Frost & Sullivan, said: "We believe Fortinet's award win can be attributed to its efforts in driving forth thought leadership in the network security arena. More importantly, it highlights the vendor's success in offering highly customizable security solutions to suit the exact needs of the modern-day enterprise. By infusing a customer-centric mindset with its commitment to technology excellence, Fortinet was able to clock an impressive growth rate of 36.4 percent on a year-over-year basis in 2012, despite emerging challenges in the macro-economic environment. This also enabled Fortinet to capture greater market share in what is a highly competitive market segment."

The Frost & Sullivan Asia Pacific ICT Awards, now in its 10th year, recognizes companies and individuals that have pushed the boundaries of excellence, rising above the competition and demonstrating outstanding performance in the ICT sector across Asia Pacific.

Patrice Perche, Fortinet's senior vice president for international sales & support, said: "This win is a testament to the company and our Asia Pacific teams who have worked tirelessly to serve our customers on the ground. We intend to continue to invest in our people, channel and solutions as we strive to become the network security vendor of choice for even more enterprises across the region."

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion

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.

FTNT-O

Media Contact:
Rick Popko
Fortinet, Inc.
408-486-7853
rpopko@fortinet.com

Investor Contact:
Michelle Spolver
Fortinet, Inc.
408-486-7837
mspolver@fortinet.com

Source: Fortinet

News Provided by Acquire Media