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Technology Stocks : Sonicwall Inc. - SNWL

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To: caly who wrote (39)12/5/2000 9:22:16 PM
From: caly  Read Replies (1) of 63
 
Taking on the gorilla...

Tuesday December 5, 8:23 am Eastern Time

Press Release

SonicWALL Targets Enterprise and E-commerce Sites With Enhanced Internet Security Products and Services

New Products Deliver High Availability, Secure Transaction Acceleration and Comprehensive Management

SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 5, 2000-- SonicWALL, Inc. (NASDAQ: SNWL - news), the leading provider of Internet security solutions for broadband access customers in the small to medium-size enterprise (SME) sector, today announced its expansion into enterprise and e-commerce markets through the introduction of an enhanced line of enterprise-class Internet security appliances and services.

``With more than 100,000 successful installations worldwide, SonicWALL is the leading supplier of Internet security appliances and services for the SME, SOHO and telecommuter markets today,'' said Sreekanth Ravi, President and CEO of SonicWALL, Inc. ``We are now tailoring our integrated security appliances to meet the critical needs of mid to large size enterprise customers and e-commerce sites. Our new products set a high standard for price/performance while delivering high availability and low cost of ownership''.

SonicWALL's enterprise product line includes:

SonicWALL PRO-VX Internet security appliance for integrated access security and security services
SonicWALL Global Management System (GMS) for comprehensive monitoring and management of Internet security appliances, lowering the cost of network ownership
SonicWALL SSL Accelerator Rack (SSL-R) for high performance secure transaction acceleration and offloading for secure servers
SonicWALL Load Balancing Rack (LB-R) for high availability via load balancing of secure Web servers, proxy servers and cache servers.
SonicWALL Pro-VX Internet Security Appliance

The SonicWALL PRO-VX Internet Security Appliance is a rack-mount device that provides a comprehensive Internet security solution by combining ICSA certified firewall protection with high throughput 3DES VPN encryption for up to 1,000 remote users or sites. Support is also provided for value added security services such as virus protection, user authentication and content filtering. Enhancements to the PRO-VX include:

High-Availability: the High Availability option allows two PRO-VX appliances to be configured as a redundant pair, ensuring firewall fault-tolerance for the enterprise.
Comprehensive reporting: SonicWALL ViewPoint is a graphical reporting tool that provides both real-time and historical reports of network activity to allow network administrators to more effectively monitor areas such as VPN and user activity, bandwidth usage and external attacks.
Pricing and Availability: High-Availability and SonicWALL ViewPoint are included standard with the SonicWALL PRO-VX. They are also available as optional upgrades for the SonicWALL PRO Internet Security Appliance. SonicWALL PRO-VX US retail pricing starts at $4,995.
SonicWALL Global Management System

The SonicWALL Global Management System (SonicWALL GMS) is a comprehensive management system that allows up to 1,000 SonicWALL security appliances to be monitored and managed remotely from a single console. Coupled with SonicWALL's broad line of Internet Security Appliances, from the SonicWALL PRO-VX to the SonicWALL TELE2 for broadband-connected telecommuters, SonicWALL GMS provides the management tools necessary to extend a comprehensive security solution across the entire distributed enterprise.

Version 1.1 of SonicWALL GMS has been enhanced to run under Solaris 8, as well as Windows 2000 and Windows NT 4.0.
Pricing and Availability: the upgrade to SonicWALL GMS is available free of charge for existing GMS customers. For new customers, US retail pricing of SonicWALL GMS starts at $4,995.
SonicWALL SSL Acceleration and Offloading

The SonicWALL SSL-R, a Secure Sockets Layer (SSL) transaction accelerator for e-commerce sites, is a 19-inch rack mountable appliance that features:

Offloading of all encryption processing from secure Web and e-commerce servers for higher throughput of secure transactions
Support for up to 200 new transactions per second and over 900 sustained sessions per second
Redundant internal power supplies and a fail-over port for resiliency and high availability
Pricing and Availability: SonicWALL SSL-R lists at US $5,995 and will ship by end of December 2000.
SonicWALL High Availability and Load Balancing

The SonicWALL LB-R is a rack mountable load balancing switch that offers high-availability and load balancing for firewalls, Web servers, and caching and proxy servers. Features include:

Four 10/100 Fast Ethernet network ports
Support for up to 4,096 local IP address
Six different load balancing policies
Redundant internal power supplies and a fail-over port for resiliency and high availability
Pricing and Availability: the SonicWALL LB-R will ship in Q1 of 2001 with a US retail price of $4,995.
About SonicWALL, Inc.

SonicWALL, Inc. is the leading provider of integrated Internet security appliances offering access security, transaction security and security services for the enterprise, e-commerce, SME, SOHO, telecommuter and education markets. Core product technologies include firewall, VPN, SSL acceleration and offloading, high availability, anti-virus, strong authentication with digital certificates, and content filtering. Together, these products and technologies provide the most comprehensive Distributed Security Architecture available. SonicWALL, Inc. is headquartered in Sunnyvale, CA. SonicWALL trades on the NASDAQ exchange under the symbol SNWL. For more information, contact SonicWALL at 408/745-9600 or visit the company Web site at sonicwall.com.

Certain statements in this press release are ``forward-looking statements'' within the meaning of the Securities Act of 1933, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect SonicWALL's actual results include, but are not limited to, the ``Risk Factors'' described in our Securities and Exchange Commission filings, including our Prospectus dated March 16, 2000. All forward-looking statements included in this release are based upon information available to SonicWALL as of the date of the release, and we assume no obligation to update any such forward-looking statement.

SonicWALL is a registered trademark of SonicWALL, Inc. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.

--------------------------------------------------------------------------------
Contact:

SonicWALL, Sunnyvale
David Pascoe, 801/743-2211
dpascoe@sonicwall.com
or
Julie Connolly, 415/541-0750
connollyj@ruderfinn.com
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