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Crossbeam Systems Receives 2004 Customer Value Enhancement Award for the Security Technologies Industry from Frost & Sullivan.


CONCORD, Mass. -- Industry analyst firm recognizes Crossbeam for integrated security solutions that deliver new value propositions and lower total cost of ownership to customers

Crossbeam Systems(R), Inc., a leading global developer of total security solutions required for safer, simpler networks, today announced that Frost & Sullivan has recognized Crossbeam with the 2004 Customer Value Enhancement Award for the Security Technologies Industry. Crossbeam was selected over competing vendors as the security technology company that best demonstrated an ability to expand its customer base with innovative products and value creation strategies.

Crossbeam received the award for its X-Series and C-Series lines of high performance security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the  switches that enable customers to run multiple best of breed security applications -- firewall/VPN, intrusion prevention See IPS and IDS.  and protection, content security and Web filtering Blocking access to unwanted Internet content. Businesses can block content based on traffic type. For example, Web access might be allowed, but file transfers may not. Content can also be blocked by site, using lists of URLs cataloged by content that are updated frequently.  -- from leading security companies, including Check Point, ISS ISS

See Institutional Shareholder Services (ISS).
, Aladdin, Trend Micro, Websense and Secure Computing For the general concept, see .

Secure Computing Corporation, or SCC, is a public company (NASDAQ: SCUR) that develops and sells computer security products, such as:
  • Firewalls including Sidewinder, SnapGear and CyberGuard TSP
. Crossbeam's patent-pending architecture offers customers improved security and a lower total cost of ownership as equipment and ongoing maintenance costs are reduced through the simplicity of deploying a single security device.

"Crossbeam has uniquely positioned itself to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the growing high-end security market by offering high performance, low maintenance security platforms that provide customers with an integrated security solution at a lower total cost of ownership," said Jason Wright Jason Gomillion Wright (born July 12, 1982 in Diamond Bar, California) is an American football halfback who currently plays for the Cleveland Browns of the National Football League. , security technologies program leader for Frost & Sullivan. "In a slightly saturated market, Crossbeam has risen above the competition and its diverse installed base and customer momentum are indications of an up and comer in the security space."

Frost & Sullivan recognizes outstanding industry achievements by presenting Frost & Sullivan Awards A Sullivan Award may refer to:
  • Algernon Sydney Sullivan Award or Mary Mildred Sullivan Award; awarded at 29-grantee institutions of the Algernon Sydney Sullivan Foundation.
 to top companies in regional and global markets. The company's teams of industry experts recognize the diligence and innovation required to implement a successful business plan and excel in the increasingly competitive global marketplace. These prestigious awards are recognized worldwide by the media, the investment community and end-user markets.

"Customers keep selecting Crossbeam over competitors like Cisco and Nokia because of the unique value we deliver - high performance, multi-application security solutions - and this award provides significant industry validation of that competitive differentiation," said Peter George For the Canadian university administrator, see .

Peter Bryan George (March 24 1924 - June 11 1966) was a British author, most famous for the Cold War thriller novel Red Alert – pen name, Peter Bryant.
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Crossbeam Systems. "With more than 200 enterprise and service provider customers worldwide, Crossbeam will continue to develop superior products and remain unwavering in its dedication to both current and future customers."

About Crossbeam Systems

Crossbeam Systems is a global growth company that pioneered the integrated security device market and is a leading developer of total security solutions required for safer, simpler networks. 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 Concord, Massachusetts Concord is a town in Middlesex County, Massachusetts, in the United States. As of the 2000 Census, the town population was about 17,000. Although a small town, Concord is noted for its leading roles in American history and literature. , USA, and has offices in Europe and Asia Pacific. The company is backed by top-tier investors including Tudor Ventures, Matrix Partners, North Bridge Venture Partners, Commonwealth Capital Venture Partners, Intel Capital and Charles River Charles River

River, eastern Massachusetts, U.S. The longest river wholly in the state, it flows into Boston Bay after a course of about 80 mi (130 km). Navigable for about 7 mi (11 km), its estuary separates the cities of Boston and Cambridge.
 Ventures. More information is available at www.crossbeamsystems.com.

About Frost & Sullivan

Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.

Crossbeam Systems and Crossbeam are registered trademarks of Crossbeam Systems, Inc. All other company, product or service names not owned by Crossbeam mentioned in this press release are the property of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 15, 2004
Words:598
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