SonicWALL Introduces Inexpensive VPN Gateway & Firewall Appliance for Telecommuters and Remote Access Workers.
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 23, 2000
New Product Fills Growing Need for High Performance,
Comprehensive Security for Out of Office Employees
SonicWALL Inc. (NASDAQ:SNWL), a leading provider of Internet security for broadband access customers, today announced the SonicWALL SOHO Telecommuter, an inexpensive Virtual Private Networking (VPN) gateway and Internet security appliance for remote workers that need to securely communicate with the corporate headquarters over the Internet. The SonicWALL SOHO Telecommuter further extends SonicWALL's product line, allowing the company to offer comprehensive VPN and Internet security solutions for small, medium and large organizations who wish to take advantage of the cost savings associated with VPN.
According to Forward Concepts' recent market research report, "Broadband in the Local Loop `00," the most common enterprise application for always-on broadband services such as DSL and cable is VPN, with revenues forecast to reach $5.1 billion by 2005. However, as many enterprises are learning, failure to properly secure telecommuters and remote workers can expose the organization to security breaches that may result in the company's files being stolen from the telecommuter's unsecured PC or the interception of confidential data when transmitted unencrypted over the Internet. The SonicWALL SOHO Telecommuter protects up to 5 users with an ICSA certified firewall and 3DES IPSec VPN, and also supports SonicWALL's content filtering and Anti-Virus services.
The SonicWALL SOHO Telecommuter is a compliment to the recently announced SonicWALL Global Management System (SonicWALL GMS) and SonicWALL PRO-VX, allowing organizations that have not implemented telecommuting due to security concerns to confidently offer this benefit to its distributed workforce. SonicWALL GMS, a network security management tool, allows organizations to remotely and securely monitor and manage the security policies of geographically distributed networks. Suitable for corporate headquarters, the SonicWALL PRO-VX is a high performance VPN gateway and Internet security appliance that supports up to 1,000 branch offices or remote access workers and delivers 45Mbps of Triple-DES VPN throughput.
"Our research shows the driving force behind the rapidly growing use of VPN as a telecommuting solution is the wide availability of DSL and Cable," said Jeff Wilson, Director of Access Research, Infonetics Research. "The SonicWALL SOHO Telecommuter, especially when combined with the SonicWALL PRO-VX and SonicWALL GMS gives SonicWALL, already a leading supplier of VPN solutions for small to medium businesses, a significant edge when providing VPN solutions for organizations of any size."
According to Sreekanth Ravi, President and CEO of SonicWALL, companies are competing more heavily to acquire and retain a good workforce. "Telecommuting programs are an important component of their employee retention efforts, as well as a great boost for employee productivity and morale," Ravi said. "You just have to watch the nightly news to see how important Internet security has become. With the SonicWALL SOHO Telecommuter in place, our customers can give their employees access without compromising mission critical data."
SonicWALL SOHO Telecommuter will be available in May 2000 from authorized SonicWALL resellers and is priced at $595. Contact SonicWALL at (408) 745-9600 for more information.
About SonicWALL, Inc.
SonicWALL, Inc. (NASDAQ: SNWL) is the leading provider of Internet security solutions for broadband customers in the small to medium size enterprise (SME), branch office, telecommuter and education markets. The SonicWALL Internet security appliance is a high-performance, solid-state product that provides a robust, reliable, easy-to-use and affordable Internet security solution. SonicWALL provides firewall security, content filtering, virus protection and VPN capabilities in a single, integrated platform. In addition, SonicWALL offers its Global Management System for distributed enterprises and service providers that wish to provide managed security services to their hosting or Internet access customers. SonicWALL, Inc. is headquartered in Sunnyvale, CA. For more information, contact SonicWALL at (408) 745-9600 or visit the company web site at http://www.sonicwall.com.
Certain statements in this press release are "forward-looking statements" within the meaning of the Securities Act of 1933, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect SonicWALL's actual results include, but are not limited to, the "Risk Factors" described in our Securities and Exchange Commission filings, including our Prospectus dated March 16, 2000. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release.
SonicWALL is a registered trademark of SonicWALL, Inc. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.