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Technology Stocks : Sonicwall Inc. - SNWL

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To: Platter who wrote (34)11/7/2000 1:58:16 PM
From: caly  Read Replies (1) of 63
 
Ups the ante...

Tuesday November 7, 8:07 am Eastern Time

Press Release

SonicWALL Announces Next Generation Internet Security Appliances

Ten-Fold Performance Boost and Scalability at Same Price as Previous Models

SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 7, 2000--SonicWALL, Inc. (NASDAQ:SNWL - news), a leading provider of Internet security solutions, today raised the price/performance bar on Internet security solutions with new versions of its market leading SonicWALL Telecommuter, SOHO and XPRS Internet security appliances. Based on a high performance, 100 Mbps Fast Ethernet platform, the new models deliver faster firewall throughput, high performance encryption for VPN applications, and scalability to support new value added security services.

``Our next generation products set a new price/performance standard for Internet security and are tailored to meet the evolving needs of small businesses, telecommuters and enterprises,'' said Sreekanth Ravi, President and CEO of SonicWALL, Inc. ``These new products deliver a ten-fold performance boost in throughput and provide a scaleable path for the future; allowing growing businesses to add value-added security services to meet their changing Internet security needs.''

``Suffield Academy maintains a campus-wide, fiber-optic 100 Mbps switched Ethernet network that connects all buildings, including the dormitories, classrooms and faculty homes to the Internet. Naturally, security is a key concern of ours,'' said Dean Ellerton, Director of Technology at Suffield Academy. ``As a long-time customer of SonicWALL, I jumped at the opportunity to beta test the new hardware platform. I found the new SonicWALL XPRS2 keeps up with my network even at peak loads while providing bulletproof firewall security and other key services, such as network anti-virus and content filtering.''

SonicWALL is a market leader in SOHO and small to medium enterprises with over 95,000 Internet security appliance installations worldwide. The new models enable broadband connected telecommuters, small offices and branch offices to increase business productivity with the higher performance firewall throughput as well as increased VPN encryption performance for end-to-end secure tunneling. In addition, the Fast Ethernet capabilities make these models well suited for protecting certain departments on the intranet with highly sensitive information, such as Human Resources or Finance, while providing fast network connections to the rest of the enterprise network. All models are easily managed and monitored from a single SonicWALL Global Management System that is capable of managing up to 1,000 remote appliances.

About the SonicWALL SOHO2, TELE2, XPRS2

The next generation models are based on a new, proprietary hardware platform that combines a state of the art Toshiba RISC microprocessor with 10/100 auto-sensing Fast Ethernet interface ports to deliver high performance throughput. The increased memory of up to 4MB Flash and 8 MB RAM allows for expanded capability of delivering value-added security services. The new models include support for all advanced security access, security services and manageability as well as a configuration wizard that makes these products easy to deploy and manage. The new products support the following advanced features:

-- 70 Mbps firewall throughput
-- 2.5 Mbps high performance 3DES IPSEC VPN encryption*
-- 10/100 auto-sensing Fast Ethernet interfaces
-- Auto-Update service
-- Content Filtering service*
-- Network Anti-Virus service*
-- Strong Authentication (PKI) service*
-- Web-based management and manageability from SonicWALL Global
Management System (GMS)

*-- optional features available as upgrades for all models; VPN is
a standard feature on TELE2.

Pricing and Availability

SonicWALL TELE2, SOHO2 and XPRS2 are available now from authorized SonicWALL resellers. Pricing starts at US$495. Contact SonicWALL at (408) 745-9600 for more information.

Trade-In Program

The SonicWALL SOHO2, TELE2 and XPRS2 replace current models. Registered users of SonicWALL TELE, SOHO, DMZ and XPRS can obtain details about the trade-in program by contacting SonicWALL at (408) 745-9600 or visiting sonicwall.com.

About SonicWALL, Inc.

SonicWALL, Inc. (NASDAQ: SNWL - news) 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's family of Internet security appliances offers firewall protection and an expanding array of value-added services. These services currently include anti-virus, VPN, strong authentication using digital certificates and content filtering. 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 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. All forward-looking statements included in this release are based upon information available to SonicWALL as of the date of the release, and we assume no obligation to update any such forward-looking statement.

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.

Editors note: The asterisk symbol (*) may not appear properly in some systems.

--------------------------------------------------------------------------------
Contact:
SonicWALL, Inc.
Larry Woodard, 408/752-7803
larry@sonicwall.com
or
Ruder Finn
Julie Connolly, 925/287-8332
connollyj@ruderfinn.com
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