WatchGuard Secures 24/7 Internet Trading Platform for Hong Kong Security Firm.Business Editors/High-Tech Writers SEATTLE--(BUSINESS WIRE)--Dec. 2, 2003 Chief Securities Ltd. Chooses WatchGuard Firebox Vclass Appliances to Provide Robust Security and Performance for Its Internet Trading Services WatchGuard Technologies, Inc. (Nasdaq:WGRD), a leading provider of Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. solutions, today announced that Chief Securities Ltd., a securities firm in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , has selected WatchGuard Firebox Vclass security appliances to protect the infrastructure for its Internet trading services. The environment in which online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. operates is extremely volatile, making it one of the most demanding applications for security appliance, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Peter Chow, 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 Chief Securities Ltd. The company needed a solution capable of delivering 24/7 availability, the performance to handle high-volume transactions with concurrent sessions and extremely robust security features. "We have been a loyal WatchGuard customer from the Firebox II to the current Firebox Vclass appliances, with good reason," said Chow. "WatchGuard has always delivered outstanding products and services and moreover, is heads above the rest in terms of its ease of use and value for money." IT Partners Ltd., a WatchGuard Secure Partner at the expert level and a WatchGuard Managed 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 provider, was selected to install the WatchGuard solution and provide ongoing service and support. "Our objective is to provide Chief Securities Ltd. with a security platform for Internet trading that protects its public servers from security breaches and facilitates the flow of network traffic," said Sunny Ho, Director of Sales, IT Partners Ltd. "With WatchGuard Firebox Vclass appliances, we have exceeded their expectation on all counts while providing unparalleled ease of use and management." Chief Securities Ltd. intends to deploy the WatchGuard Firebox Vclass appliances in Active/Active high-availability mode. The WatchGuard Firebox Vclass product line includes the V100, V80, V60, V60L and V10 appliances, which are specifically designed to address the performance and flexibility needs of a wide range of medium-sized enterprise customers running distributed networks and data center environments. About Chief Securities Ltd. Chief Securities Ltd. was founded in late 1970 and operates stock brokering services and stock odd lot trading in Hong Kong. The company soon diversified its business to stock margin financing, trading of Hang Seng Index Hang Seng index The major index in Hong Kong. Hang Seng Index A market-weighted index of 33 stocks making up approximately 70% of the market value of all stocks traded on the Stock Exchange of Hong Kong. (HSI (Hue Saturation Intensity) A color space similar to HSB. See HSB. ) Futures and Options, and other derivatives. In 2002, Chief Securities Ltd.'s first branch office in Kowloon City began to operate. At present, Chief Securities Ltd. has two chief operational arms, Chief Securities Ltd. and Chief Commodities Ltd., which are registered as securities dealer and commodities dealer with the Hong Kong Securities and Futures Commission. Chief Securities Ltd. now owns two securities trading rights, one futures trading right and one stock options trading right. Chief Securities Ltd. is also a participant of the CCASS CCASS Conseil Canadien d' Agrément des Services de Santé CCASS Construction Contractor Appraisal Support System (USACE) , HKCC HKCC Hong Kong Community College HKCC Hong Kong Children's Choir HKCC Hong Kong Clearing Co. HKCC Hierarchical Key Current Configuration HKCC Handle Key Current Configuration and SEHK SEHK See: Stock Exchange of Hong Kong Options Clearing House, and offers full range and comprehensive services of trading and clearing of securities, futures and options, and related custodian and nominees services in Hong Kong. About WatchGuard Technologies, Inc. WatchGuard is a leading provider of Internet security solutions for small- to medium-sized enterprises worldwide, delivering integrated products and services that are robust as well as easy to buy, deploy and manage. WatchGuard Firebox security appliances are designed to deliver powerful firewall and VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. performance, outstanding security, intrusion prevention and networking features, scalability and flexibility in an affordable, integrated solution. Every WatchGuard product comes with an initial subscription to the company's innovative LiveSecurity service, which is designed to protect customers against constantly emerging threats by providing timely systematic updates, security intelligence and expert information. As a recent addition to its suite of security solutions, the company now offers customers the WatchGuard AuditScan service, powered by Qualys, a vulnerability assessment service that provides another layer of proactive perimeter protection to complement the security appliance. For more information, please call 206-521-8340 or visit www.watchguard.com. WatchGuard, LiveSecurity, Firebox and AuditScan are either registered trademarks or trademarks of WatchGuard Technologies, Inc. or its subsidiaries in the United States and/or other countries. Qualys is a trademark of Qualys, Inc. All other trademarks are the property of their respective owners. |
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