Friday April 28, 8:01 am Eastern Time
Company Press Release
SOURCE: RSA Security Inc.
RSA Security Tops the Network World 200 as Most Profitable Company
Company Recognized as Leading Financial Performer in 1999
BEDFORD, Mass., April 28 /PRNewswire/ -- RSA Security Inc. (Nasdaq: RSAS - news) today announced that Network World Magazine has named the company as the most profitable company on its prestigious Network World 200 list, an annual ranking of the nations' top 200 networking companies based on profitability, revenue, investments, and financial and employee growth.
The April 24 issue of Network World reports that ``RSA Security turned in an amazing 1999 performance, earning $184 million in profit on its $218 million in revenue. In other words, for every dollar it brought in, slightly more than 84 cents was profit. That sent it to the top of our list of the most profitable Network World 200 companies.''
``We are very pleased to be ranked as the most profitable company in the Network World 200,'' said Art Coviello, president and CEO of RSA Security Inc. ``We're energized by the combined strength of our operations in PKI, authentication, and encryption, and our strategic investment activities.''
Network World, Inc. the leading network media company is shaping the future of enterprise network computing through its print publication, Network World, its online extension Network World Fusion ( nwfusion.com ), and its educational seminars and events nationwide. Network World, Inc. empowers Network IS professionals with the knowledge required to meet their evolving business needs.
About RSA Security Inc.
RSA Security Inc., The Most Trusted Name in e-Security(TM), helps organizations build secure, trusted foundations for e-business through its RSA SecurID© two-factor authentication, RSA BSAFE© encryption and RSA Keon© digital certificate management systems. With more than a half billion RSA BSAFE-enabled applications in use worldwide, more than six million RSA SecurID users and almost 20 years of industry experience, RSA Security has the proven leadership and innovative technology to address the changing security needs of e-business and bring trust to the new, online economy. RSA Security can be reached at www.rsasecurity.com.
NOTE: BSAFE, Keon and SecurID are registered trademarks, and RSA and The Most Trusted Name in e-Security are trademarks of RSA Security Inc. All other products and services mentioned are trademarks of their respective companies.
SOURCE: RSA Security Inc.
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