SonicWALL Continues Market Share Leadership
Infonetics Study Ranks SonicWALL Worldwide Unit Shipment Leader of VPN And Firewall Appliances Between $490 and $1,499
SUNNYVALE, Calif., Sept. 3 /PRNewswire-FirstCall/ — SonicWALL, Inc., (Nasdaq: SNWL), the leading provider of integrated Internet security solutions, today announced that it was declared the market share leader for worldwide VPN and firewall appliances between $490 and $1,499. SonicWALL has held a leadership position in part of the market for nine consecutive quarters.
According to the Infonetics Research report “VPN and Firewall Products Quarterly Worldwide Market Share and Forecasts, Q2 2002,” SonicWALL leads unit shipments in this segment of the Worldwide VPN and Firewall Appliance market with over 28% market share. SonicWALL also has a strong position in the $1,500 to $9,999 segment, and these two categories together make up the mid-range of the market.
“The mid-range segment dominated overall VPN and firewall appliance unit shipments in the second quarter of 2002, and we expect this trend to continue with large site-to-site VPN rollouts and the continued increase in broadband adoption,” said Jeff Wilson, executive director of Infonetics Research. “Overall, this segment of the market shows the strongest growth potential and SonicWALL is well-positioned to take advantage of this growth as an entrenched leader.”
SonicWALL was also declared the second-largest provider of Worldwide Total VPN and Firewall Appliances. SonicWALL unit shipments exceeded 17% of the overall market in the second quarter of 2002.
“SonicWALL continues to provide its channel with compelling, innovative and unique security solutions that solve the connectivity and security needs of small and medium-sized business customers,” said Bill Roach, Interim CEO, SonicWALL. “This commitment has resulted in market leadership, strong channel partnerships and satisfied customers, all of which contributes to SonicWALL’s number one market share position.”
About Infonetics Research
Infonetics Research ( http://www.infonetics.com ) is a market research and consulting firm that provides worldwide market share services and US and European demand-side research to network equipment and software manufacturers, service providers, the investment community, and chip and component manufacturers worldwide.
About SonicWALL, Inc.
SonicWALL, Inc. is the leading provider of integrated Internet security appliances offering access security, transaction security and security services for the enterprise, e-commerce, SME, education and government markets. Core technologies include firewall, VPN, SSL, high availability, anti-virus, strong authentication with digital certificates, vulnerability assessment and content filtering. Together, these products and technologies provide the most comprehensive Distributed Security Architecture available. SonicWALL, Inc. is headquartered in Sunnyvale, CA. SonicWALL trades on the Nasdaq exchange under the symbol SNWL. 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 Private Securities Litigation Reform Act of 1995. The forward-looking statements include statements that can be identified in some cases by terms such as “may,” “will,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “intend” or “continue,” the negative of such terms or other comparable terminology. These 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. In addition, please see the “Risk Factors” described in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2001, for a more detailed description of the risks facing our business. 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.
NOTE: 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