CyberGuard Corporation to Provide First Quarter Fiscal Year 2005 Earnings Guidance During Upcoming Analyst Day.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. -- Company States That It is Pleased with the Performance of All of Its Divisions for the Just-Ended Fourth Quarter of Fiscal Year 2004 CyberGuard Corporation (Nasdaq:CGFW), the technology leader in network security, today announced that the Company will provide earnings guidance for the first quarter of fiscal year 2005 at its upcoming analyst day meeting. The guidance will be provided for the quarter ending September September: see month. 30, 2004, during the CyberGuard Analyst Day which will be held at the Breakers Hotel This article is about The Breakers (a hotel in Palm Beach, Florida). For other uses, see Breakers (disambiguation). The Breakers Hotel Complex is a historic hotel in Palm Beach, Florida, United States. & Resort in Palm Beach, Florida Palm Beach is an incorporated town in Palm Beach County, Florida. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth. As of 2000, Palm Beach had a year-round population of 10,468, with an estimated seasonal population of 30,000. , on July 12, 2004. A live webcast of the financial presentation is scheduled to begin at 3:45 p.m. Eastern Time (1:30 p.m. Pacific Time), July 12, 2004, and will be available at http://www.cyberguard.com/webcast.htm. "We are pleased with the performance of all of our divisions for the fourth quarter of fiscal year 2004 which ended June 30," stated Pat Clawson, chairman and chief executive officer of CyberGuard Corporation. "Based on their performance as well as the consistent results for previous quarters, we presently intend to begin providing earnings guidance for each current quarter going forward." Clawson added that he was also pleased with the performance of the two companies that CyberGuard had recently acquired: SnapGear, a developer of embedded Linux The Linux operating system configured and enhanced to work in a wide variety of applications, including handheld devices, network appliances, industrial machines and consumer electronics devices. The modularity of the Linux kernel makes it well suited to embedded systems. security and edge firewall/VPN security appliances Security appliances protect computer networks from unwanted data traffic, intruders, email spam, enforce policies, and may also be used to create and manage VPNs. There are a number of types of security appliances. , and Webwasher, a high-end content security provider. "These two additions are enabling us to do exactly what we said we would do more than a year ago," stated Clawson. "We are creating a broad-based broad-based Of or relating to an index or average that provides a good representation of the overall market. The S&P 500 and NYSE Composite are generally regarded as broad-based stock indexes, while the popular Dow Jones Industrial Average is biased information security offering of enterprise-class, best-of-breed technologies focused on Global 1000 companies and government customers around the world. We are meeting the needs of our customers. We are opening new doors and enhancing our opportunities to sell. And we believe that this will add to our success and to earnings moving forward." Following the live webcast, a replay of the webcast will continue to be available on the company's Web site at http://www.cyberguard.com/webcast.htm. Additional financial information can be found at http://www.cyberguard.com/investors/reports.cfm. About CyberGuard Corporation CyberGuard Corporation (Nasdaq:CGFW), the technology leader in network security, provides advanced Total Stream Protection(TM) solutions that protect the critical information assets of Global 2000 companies and governments worldwide. CyberGuard offers a broad line of scalable high performance firewall/VPN appliances, the Webwasher suite of enterprise-class Web and e-mail content security solutions, sophisticated security processors and accelerator accelerator: see particle accelerator. (1) A key combination such as Alt-G or Ctrl-Shift H that is used to activate a task. (2) An incubator that expects to develop the company considerably faster than normal. See incubator. products for the SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. and IPsec markets, and industry leading embedded Linux and Linux security solutions. Headquartered in Ft. Lauderdale, Florida, the company has branch offices and training centers around the world. More information about CyberGuard Corporation can be found at http://www.cyberguard.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Statements regarding estimates, expectations and future prospects contained in this press release are forward-looking statements. These statements are based upon assumptions and analyses made by the Company in light of current conditions, future developments, and other factors the Company believes are appropriate in the circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or , or information obtained from third parties, and are subject to a number of assumptions, risks and uncertainties. Readers are cautioned that forward-looking statements are not guarantees and that actual results might differ materially from those suggested in the forward-looking statements. Some of the factors that might cause future actual events to differ from those predicted or assumed include: future advances in technologies and computer security; the Company's history of losses; the Company's ability to execute on its business plans; the Company's dependence on outside parties such as its key customers and alliance partners; competition from major computer hardware, software, and networking companies; uncertainties in availability of expansion capital in the future and other risks associated with capital markets; overall network security spending; global economic conditions; and the outcome of a class action lawsuit class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax against the Company. For a more complete discussion regarding forward-looking statements, the reader is referred to the Company's periodic reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, including the Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended June 30, 2003, and other information filed with the Commission. CyberGuard(R) and Webwasher(R) are registered trademarks and Total Stream Protection(TM) is a trademark of CyberGuard Corporation. All other trademarks are property of their respective owners. |
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