CyberGuard Corp. selected as new name for Harris Computer Systems Corp.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Harris Computer Systems Corp. (current NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :NHWK), Thursday announced it is changing its name to CyberGuard Corp. The name change is a reflection of the company's commitment to enhancing its leading position in the fast growing network security market, and is a result of the sale of its Real-time Computer business. Effective today, the company's trading symbol Trading symbol See: Ticker symbol on NASDAQ will be changed to `CYBG.' Robert L. Carberry now assumes the role of chairman, president and chief executive officer for the newly named CyberGuard Corp. Carberry, previously corporate vice president, new technology for Blockbuster/Viacom Group and a former IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) executive, has been at the helm of the company since April 1996. "The Internet and firewall markets are rapidly growing and our CyberGuard Firewall product is very well positioned to address the varied needs of companies as they utilize the Internet and intranets within their enterprise," said Bob Carberry, chairman, president and chief executive officer. "The CyberGuard Firewall is the only commercial firewall on the market that has been certified as secure by both the NCSC (National Computer Security Center) The arm of the U.S. National Security Agency that defines criteria for trusted computer products, which are embodied in the Orange Book and Red Book. , a government agency, and the NCSA (1) (National Center for Supercomputing Applications, Urbana-Champaign, IL, www.ncsa.uiuc.edu) A high-performance computing facility located at the University of Illinois at Urbana-Champaign. , an industry consortium." Spun off as an independent public company from Harris Corp. in October of 1994, Harris Computer Systems Corp. consisted of a Trusted Systems In the security engineering subspecialty of computer science, a trusted system is a system that is relied upon to a specified extent to enforce a specified security policy. As such, a trusted system is one which failure may break a specified security policy. Division and a Real-Time Systems Real-time systems Computer systems in which the computer is required to perform its tasks within the time restraints of some process or simultaneously with the system it is assisting. Division. The company's Real-time Computer business, providers of the Night Hawk(r) series of real-time computers for simulation, data acquisition and control applications, effective today, is sold to Concurrent Computer Corp. The former Harris Computer Systems Corp. chairman, president and chief executive officer, Corky cork·y adj. cork·i·er, cork·i·est 1. Of or resembling cork. 2. Informal Lively; buoyant. cork Siegel, assumes the role of president and chief executive officer of Concurrent, which will be relocated from New Jersey to South Florida. CyberGuard Corp., headquartered in Fort Lauderdale, develops commercial network security products designed to protect data on computer networks worldwide from access by unauthorized users. CyberGuard targets organizations in industries such as finance, healthcare, communication, education, manufacturing and government that require a proven security solution. The company's CyberGuard Firewall has an 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. and networking product that have been tested and certified by the National Computer Security Center (NCSC) at the B1 level of trust and by the National Computer Security Association (NCSA). CyberGuard Corp. is a publicly held company and traded on the Nasdaq National Market System under the symbol `CYBG.' Product and security information can be accessed via the company's World Wide Web site at http://www.hcsc.com. CyberGuard Corp.'s new web site will be launched later this week at http://www.cyberguardcorp.com. -0- Note to Editors: CyberGuard and CyberGuard Firewall are trademarks of CyberGuard Corp. For additional company or product information via fax, please call 800/344-4297. In the World Wide Web addresses noted in this news release, there is a double slash between http: and www.hcsc.com and between http: and www.cyberguardcorp.com. In the Internet/email addresses noted, there is an "at" symbol between lisa.thornhill and mail.hcsc.com and between fbatenman and fitzcomm.com. These symbols may not appear properly in some systems. CONTACT: Lisa Thornhill CyberGuard Corp. 954/977-5615 lisa.thornhill@mail.hcsc.com or Fred Bateman FitzGerald Communications Inc. 617/494-9500, ext. 298 fbateman@fitzcomm.com |
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