Barclays Global Investors Selects NetScreen Products to Secure Network Connections Around the Globe.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 13, 2002 NetScreen Technologies, Inc. (Nasdaq:NSCN NSCN National Socialist Council of Nagalim NSCN Norwegian Society for the Conservation of Nature NSCN Navy Satellite Control Network ) today announced that Barclays Global Investors Barclays Global Investors is a subsidiary of British-based Barclays Bank which is in the investment management industry. It is the largest corporate money manager in the world, with over £936 billion (US$1.77 trillion) under management as of March 2006[1]. (BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International ), one of the world's largest asset managers, has selected and deployed NetScreen's integrated security products as the standard for its corporate virtual private network (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ). "It's crucial that our offices around the world are able to communicate quickly, efficiently and with complete security," said Marty L. Quintanilla, Regional Platform Manager - Network Services for BGI. "We found few security products with the speed, flexibility and performance offered by NetScreen, and the breadth of product line allowed us to install end-to-end NetScreen solutions in a variety of unique installations." BGI ties its global finance community together on a high-performance, Internet Protocol-based network. NetScreen's solution replaced BGI's frame-relay network and legacy dial-up VPN solution helping BGI reduce networking costs. "We have been making great strides with our financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. customers by providing trustworthy networking solutions that meet individual needs," said David Flynn David Flynn (aka Dave Flynn, born 1977) is an Irish composer and musician. He is one of Ireland’s leading young composers with a number of major awards and commissions to his name. , vice president of marketing for NetScreen Technologies. "We gave Barclays Global Investors a solution that allowed them to replace their legacy networking infrastructure with an IP VPN, and thereby reduce their costs and improve security." BGI has deployed NetScreen-100, -25 and -10 security appliances at its offices worldwide to protect sensitive data and to maintain the integrity of the network, without sacrificing network performance. By using NetScreen appliances, Barclays Global Investors was able to use the dial-up VPN capabilities inherent in Microsoft Corp.'s Windows 2000 operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , easing the management of mobile workers' PCs by not having to deploy and update separate VPN client software. About Barclays Global Investors With over $760 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. (as of 6/30/02), Barclays Global Investors (BGI) is one of the world's largest asset managers and the largest provider of structured investment strategies such as risk-controlled active strategies, tactical asset allocation Tactical Asset Allocation (TAA) Portfolio strategy that allows active departures from the normal asset mix according to specified objective measures of value. Often called active management. It involves forecasting asset returns, volatilities, and correlations. and indexing, serving more than 2,100 institutional clients world-wide. Its global network of offices spans the world's market centers, giving BGI the capability both to invest worldwide and serve the investment needs of institutions and individuals. BGI is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Barclays PLC, one of the world's foremost providers of financial services with operations in about 70 countries worldwide. For more information about Barclays Global Investors, visit the company's Web site at http://www.barclaysglobal.com. About NetScreen Technologies NetScreen Technologies is a leading maker of purpose-built, integrated security solutions that offer the scalability, flexibility and resiliency required by enterprises and service providers. NetScreen's products integrate key security features, such as firewall, VPN and denial of service attack An assault on a network that floods it with so many additional requests that regular traffic is either slowed or completely interrupted. Unlike a virus or worm, which can cause severe damage to databases, a denial of service attack interrupts network service for some period. protection, in a line of easy to manage, ASIC-based systems and appliances. NetScreen is located at 350 Oakmead Parkway, Sunnyvale, CA, 94085. More information on NetScreen's products can be found at http://www.netscreen.com or by calling toll free at 1-800-638-8296. Note to Editors: NetScreen is a trademark of NetScreen Technologies, Inc. Other trademarks are the property of their respective owners. This press release contains forward-looking statements about events and circumstances that have not yet occurred. For example, words such as "will," "expects," "believes" or other statements in the future tense are forward-looking statements. Actual outcomes and results may differ materially from expectations in this press release due to a number of risks and uncertainties. Such risks and uncertainties include whether such customer deployments will be successful and whether products will perform as expected. |
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