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Top Layer Networks Achieves Record Growth in 2006.

Increased demand for intrusion prevention solutions result in record revenues and new customers

WESTBOROUGH, Mass. -- Top Layer Networks, a global leader of high performance intrusion prevention solutions, today announced record growth in revenues, including 2005 to 2006 year over year growth of 56 percent in IPS related revenues, and growing profitability throughout 2006. The company also signed a record number of new customers in 2006, adding over 125 new customers, including Samsung and the European Union. Top Layer attributed the growth to the increased global demand for intrusion prevention solutions to protect against an ever-growing number of malicious attacks and vulnerabilities.

"During 2006 we saw a sharp increase in malicious activity, and customers reacted accordingly with sales increasing 33 percent in the second half of 2006. With an array of new attacks and vulnerabilities facing the enterprise, Information Security remains a top priority. As a result, we saw a strong increase in demand for intrusion prevention and related technologies that provide highly reliable security," said Peter Rendall, president and CEO of Top Layer Networks."

Top Layer's IPS 5500 continued to receive strong industry recognition in 2006, in addition to heavy customer demand. Top Layer's IPS 5500 was heralded in a Network World competitive IPS review as one of the "clear leaders" in terms of performance1. The company also received multiple technology awards for performance and innovation, including Info Security Products Guide "Hot Company" award and "editor's choice" technology awards from IT Week, Hosting Week, Communications Week, and IP Review.

Top Layer also established its new Secure Circle Partnership Program, the company's new partner program designed to foster stronger, more dynamic relationships with its channel partners. Additionally, the company expanded its global full-time staff over 27 percent over the past three months to keep up with escalating market demand for intrusion prevention technology.

About the Top Layer IPS 5500

The IPS 5500 family of products offers the strongest levels of network protection, performance and reliability on the market today. By combining stateful firewall, content-based IPS/IDS, and attack mitigation algorithms, the IPS 5500 is the only solution that provides Three Dimensional Protection (3DP) against undesired access, malicious content and rate-based attacks. Top Layer's architecture enables the IPS 5500 to protect enterprises and service providers from sophisticated attacks in real-time while enabling the highest throughput of legitimate traffic.

Top Layer Networks' family of network intrusion prevention solutions, the IPS 5500 series, has received top accolades from the world's most prestigious labs and influential publications. Top Layer has received significant recognition from the NSS Group, Computer Reseller News, Information Security Magazine, SC Magazine, IT Week, Service Provider Weekly, the Tolly Group, and more.

About Top Layer Networks

Top Layer Networks is dedicated to its role as a leading global provider of Network Intrusion Prevention Systems (IPS), developing and bringing to market network security infrastructure solutions that help commercial and government organizations protect their critical on-line assets from the losses and risks associated with cyber threats. Its family of IPS appliances is designed with "Three Dimensional Protection" that provides the most advanced protection capabilities against known and unknown attacks at the highest performance rates. Top Layer Networks is headquartered in Massachusetts, USA with sales and support presence in Canada, Germany, Japan, Korea, The Netherlands and the United Kingdom.

All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

1 Network World, "IPS performance tests show products must slow down for safety," Sept. 11, 2006
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Publication:Business Wire
Article Type:Company overview
Date:Feb 13, 2007
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