CyberGuard Shareholders Vote to Approve Acquisition by Secure Computing.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- CyberGuard(R) Corporation (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 :CGFW), a global provider of security solutions that protect the business-critical information assets of Global 2000 enterprises and government organizations, today announced that its shareholders have approved the Company's acquisition by 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:
Richard L. Scott, CyberGuard board member and largest shareholder said, "When I initially made my investments in CyberGuard, I felt CyberGuard had superior products in the firewall industry. What was accomplished over the last 5 years is a testament to the management team we put in place and their commitment and focus. Their acquisition of technology and vision for combining these technologies, we believe, will be a significant benefit to all of the combined shareholders of CyberGuard and Secure Computing. I am very proud of what has been accomplished and the team that have been acquired by Secure Computing." Mr. Scott will join Secure Computing's Board of Directors following the close of the transaction. About CyberGuard Corporation CyberGuard Corporation (NASDAQ:CGFW) is a global provider of security solutions that protect business-critical information assets at Global 2,000 organizations and government entities. The company's firewall/VPN, TSP(TM), Global Command Center(TM) and Webwasher(R) product suites comprise a comprehensive, integrated security system, which offers highly adaptive, scalable solutions that intelligently guard against network intrusion and content-based vulnerabilities, detecting and eliminating security threats in real-time for performance optimization. CyberGuard has deployed more than 250,000 products in organizations around the world to maintain the health and integrity of their enterprises. Headquartered near Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. , the company has branch offices and training centers around the globe and can be located on the World Wide Web at http://www.CyberGuard.com. Forward-Looking Statement 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. This press release contains forward-looking statements that involve certain risks, uncertainties and factors, including without limitation, those described in the Company's filings with the Securities and Exchange Commission that may cause the Company's future actual results to materially differ from the Company's current expectations. The Company assumes no obligation to update any forward-looking statements. CyberGuard(R) and Webwasher(R) are registered trademarks. All other trademarks are property of their respective owners. |
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