Panda Software: Fifth Strongest Growth in Europe

MADRID, September 15, 2003 Panda Software has been ranked the fifth fastest growing company in Europe over the last five years, according to the Lexmark Fast 50 ranking of companies from all sectors drawn up by Europe Unlimited. “With millions of companies to compete with, just staying in the market is an achievement, but to be in the top five in terms of growth is an outstanding testimony to the strength of our company,” explains Ainhoa Aguirre, Panda Software’s general manager.

According to the Lexmark Fast 50 survey, over the last five years Panda Software has grown by over 1,200 percent, all the more remarkable bearing in mind the general slump recently affecting the technology sector over this period.

Panda Software has also been recognized by Byte magazine as the most promising company of 2003. This award comes in addition to the numerous quality certifications and widespread acclaim that Panda products have received from major industry organizations. These include Secure Computing’s “Best Antivirus product” awarded to Panda Antivirus Platinum 7.0, after a poll of the British magazine’s readers. “The wide acclaim that has greeted our products encourages us even more to continue investing in new initiatives to revolutionize the market and reach our goal of ridding our client’s computers of viruses,” says Aguirre.

Innovative technology

Panda Software, now one of the world’s leading antivirus producers, has redefined its business model to be more flexible in the face of market demands and provide for the specific needs of a wider client base. “Our strategic plan for the coming years centers on the development of new protection technologies going beyond the scope of computer viruses” explains Jose Maria Hernandez, VP International Expansion at Panda Software. “We will be opening out to offer effective protection against all malware threats, that is, any program, document or message liable to harm users of IT systems, such as spam, spyware or hacker attacks.”

This fall will see Panda Software launch a new family of products aimed at satisfying the protection needs of even the most demanding users and companies regardless of size or business sector. This family includes Panda Antivirus GateDefender -now available for corporate environments- which has two models -7100 (uni-processor) and 7200 (bi-processor)- and integrates advanced software with state-of-the art hardware to provide gateway level, network perimeter protection against all types of viruses. The company also provides BusinesSecure Antivirus for small to medium businesses and EnterpriSecure Antivirus, for protecting even the largest corporations against the menace of computer viruses.

For small businesses and professionals, Panda Software is launching the new Platinum Internet Security including the most advanced pro-active protection technologies against Internet threats. New launches also include Titanium Antivirus 2004, an ‘install and forget’ solution aimed at those without extensive IT knowledge. This new version of the hugely successful Panda Antivirus Titanium combines simplicity with powerful malware detection capacity.

From strength to strength

Panda Software’s expansion strategy centers on the principle of ‘global thinking, local action’ and has seen it develop a solid it presence in all five continents. Its international network now stretches across more than 50 countries, including USA, Germany, China, the UK, France, and the recent addition of Japan, the second largest antivirus market. Today, millions of users around the world place the security of their IT resources in the hands of Panda Software. Boeing, People’s Bank of China, Mercedes Benz, Panasonic, Telef??nica Internacional, Nokia, DHL and Pepsico are just a few of the companies that have placed their IT security in the hands of Panda Software, along with the Spanish, Chinese and Swedish governments, and countless universities around the world. The quality of Panda Software’s products has been endorsed by major industry watchdogs including ICSA Labs and Checkmark.

Continuous technological innovation, solid commitment to customer services and the search for excellence are the guiding principles for the company’s growth. All human and financial capital is reinvested in R&D and innovation thanks to its unique business plan based on a network of international franchises.

Panda Software, in addition to supplying antivirus solutions for all environments and in more than 20 languages, also provides an international technical support network operating 24 hours a day, 365 days a year, and daily updates to solutions to protect constantly against even the latest viruses. The company also provides a SOS Virus service, to provide a rapid solution to any incident involving unknown viruses.

The company actively supports humanitarian and social projects and initiatives aimed at facilitating access to new technologies such as those promoted by the Red Cross or ANESVAD. In line with its support for sport and equality, Panda has sponsored the Bizkaia-Panda Software-Spuik-Sabeco cycling team, led by Joane Somarriba -three time winner of the Women’s Tour de France.

About Lexmark International

Lexmark International, Inc. ( is a leading developer, manufacturer and supplier of printing solutions -including laser and inkjet printers, multifunction products, associated supplies and services- for offices and homes in more than 150 countries.

Lexmark Fast is a pan-European report classifying the top fifty companies from all sectors in terms of growth (measured in terms of numbers of employees) between 1997 and 2002.

About Panda Software

Panda Software ( is a leading international developer of antivirus software for all types of customers: corporate clients, small and medium sized companies, and home users. Their 100% in-house, cutting-edge antivirus technology has received awards and quality certifications from the most widely-respected IT security institutions. The company’s commitment to client service and the concept of the protection of computer systems as a 24h-365d Insurance Policy rather than merely a software product has revolutionized the computer security industry.

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