Internet Security Systems, Inc. (ISS) (NASDAQ: ISSX), the worldwide leader in preemptive, enterprise security, and Crossbeam Systems, the leader in unified threat management (UTM) for the world's largest networks, today announced an alliance to deliver industry-leading intrusion prevention on high-performance security switches. Through this alliance, Crossbeam will incorporate ISS Proventia(R) Network Intrusion Prevention System (IPS) technology into its high-end UTM platforms to accommodate enterprise needs for fast, highly scalable security solutions. "The alliance with Crossbeam is a key extension of our 'Powered By ISS' program and a direct response to market demand," said Tom Noonan, president and CEO of Internet Security Systems. "ISS introduced the program in May of this year to enable increased flexibility and scalability in delivering best-of-breed security technologies to the mainstream market. Through 'Powered By ISS,' we are supplying service and technology providers with the full range of ISS tools, processes, intelligence and support needed to protect customers from Internet threats. Crossbeam is highly regarded in the carrier and service provider markets and this alliance will strengthen ISS' position in these key growth areas." "Carrier and service provider organizations are increasingly embracing the flexibility and simplicity that a high-end UTM solution offers," said Peter George, president and CEO of Crossbeam Systems. "These organizations demand best-of breed security applications running on high-performance, purpose-built network security hardware. Proventia Network IPS running on Crossbeam will enable both Crossbeam and ISS to further penetrate the service provider and carrier markets." Crossbeam offers both enterprise-class and provider-class UTM solutions. Recently, ISS has seen an increased demand among telecommunications carriers and other service providers to deliver centralized security to their end users as a market differentiator or as a new revenue opportunity. Through the Crossbeam alliance and other similar agreements, ISS will increasingly meet the needs of carriers and service providers via the "Powered By ISS" program. The "Powered By ISS" program is intended to extend the reach of ISS preemptive security to a much broader market, allowing participants to quickly and effectively meet customers' security and regulatory compliance needs. Due to the versatility and open architecture of the ISS protection platform, ISS has the ability to provide the security backbone for a wide variety of organizations. ISS Proventia Network IPS protects against both vulnerabilities and exploits to effectively block known and unknown attacks before impact, enabling organizations to prevent costly security breaches, improve network availability and achieve regulatory compliance. Through its proprietary Virtual Patch(R) technology, ISS protects organizations from online attacks before they are able to obtain and apply patches from affected vendors, in many cases translating into protection from software flaws months before the affected vendor is able to release a patch. Crossbeam UTM solutions couple best-in-class security applications with high-performance, purpose-built network security hardware. The end result is massive appliance consolidation, eliminating up to 100 separate devices per Crossbeam security switch, and the ability to build defense in depth infrastructures at a reasonable cost. The ISS Proventia Network Intrusion Prevention System for Crossbeam will be available to select customers beginning this quarter. For further details, please visit Interop Booth #145 or go to: www.iss.net/2006/interopny. About Crossbeam Crossbeam Systems secures the world's largest networks with its pioneering best-of-breed Unified Threat Management (UTM) solutions. The company has tailored security solutions for global corporations, carrier networks and small to medium-sized enterprises. Founded in early 2000 and led by senior executives from Bay Networks, Cisco, Nortel/Wellfleet and Alcatel, Crossbeam is headquartered in Boxborough, Massachusetts, USA, and has offices in Europe and Asia Pacific. The company is backed by top-tier investors, including Focus Ventures, Tudor Ventures, Matrix Partners, North Bridge Venture Partners, Commonwealth Capital Venture Partners, Intel Capital and Charles River Ventures. More information is available at www.crossbeamsystems.com. About Internet Security Systems, Inc. Internet Security Systems, Inc. (ISS) is the trusted security advisor to thousands of the world's leading businesses and governments, providing preemptive protection for networks, desktops and servers. An established leader in security since 1994, the ISS Proventia(R) integrated security platform automatically protects against both known and unknown threats, keeping networks up and running and shielding customers from online attacks before they impact business assets. ISS products and services are based on the proactive security intelligence of its X-Force(R) research and development team - the unequivocal world authority in vulnerability and threat research. The ISS product line is also complemented by comprehensive Managed Security Services and Professional Security Services. For more information, visit the Internet Security Systems Web site at www.iss.net or call 800-776-2362. This release, other than historical information, includes forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Some of these forward-looking statements include those describing future ISS and Crossbeam solutions not yet released. The risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the following: the level of demand for ISS products; product and price competition; the extent to which unauthorized access to and use of online information is perceived as a threat to network security; customer budgets; risks concerning the rapid change of technology; and general economic factors. These risks and others are discussed in ISS' periodic filings with the Securities and Exchange Commission. These filings can be obtained either by contacting ISS Investor Relations or through the Securities and Exchange Commission's Web site at http://www.sec.gov. Internet Security Systems is a trademark and Proventia, Virtual Patch and X-Force are registered trademarks of Internet Security Systems, Inc. All other companies and products mentioned are trademarks and property of their respective owners.
Internet Security Systems (NASDAQ:ISSX)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Internet Security Systems Charts.
Internet Security Systems (NASDAQ:ISSX)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Internet Security Systems Charts.