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Four out of five network professionals prefer Enterasys Secure Networks to Cisco

Announcement posted by Enterasys Networks 12 Nov 2004

86 percent of Australian enterprises surveyed by Green Hat Marketing during 2004 about their network security infrastructure, have indicated they see benefits in Enterasys Secure Networks over and above their current Cisco, Nortel or 3Com network.
With more than 330 network and security professionals surveyed by Green Hat on behalf of Enterasys Networks, a typical response came from the Chief Technology Officer of a major blue-chip organization who noted: It (Secure Networks) puts Enterasys back on the map, offering options beyond the Big C.
The findings come as Enterasys announces the Matrix X-Series core routers that combine high-performance networking with the highest level of core security available today to meet the business needs of the most demanding enterprise applications. The Matrix X-Series completes the Enterasys Secure Networks product line which is now the industrys only complete edge-to-core network security solution. <see separate media release >
Ernst & Young is the most recent Australian convert to Enterasys Secure Networks, announcing last month that it has signed a $2.5million deal to roll out an end-to-end Enterasys Secure Networks data network as part of an overall $5million IP telephony implementation. The Secure Networks technology will be deployed nationally throughout Ernst & Youngs offices.
Enterasys Networks has run five well-attended seminars during the year with CTO John Roese talking about network security issues. More than 1,300 CIO and IT managers have registered, with attendees at the most recent seminars, held in Melbourne, Canberra and Perth, predominantly from Government Departments and Educational institutions. Previous seminars held in Sydney and Melbourne have included blue-chip companies and specialist consulting groups.
The Enterasys Secure Networks Advantage
Enterasys industry-leading Secure Networks technology and solutions provide the highest infrastructure security available today. Secure Networks delivers the most granular level of security, providing visibility and control down to the network device, individual user and application level. This enables enterprises to quickly and easily detect, assess, locate and protect against attacks. This unmatched security comes from the integrated policy-based management software architecture that works with the embedded security capabilities Enterasys designs into its entire product line. This unique approach offers significant operational and business benefits, unmatched by vendor offerings that add hardware or software to multiple network access points in an attempt to increase security. In fact, Secure Networks technology can even make networks with competitors equipment more secure.
About Enterasys Networks
Enterasys Networks is the Secure Networks Company, providing enterprise customers with innovative network infrastructure products, services and solutions that deliver the security, productivity and adaptability benefits required by Global 2000 organizations. For more information on Enterasys Secure Networks and the companys products, including multilayer switches, core routers, WAN routers, wireless LANs, network management, and intrusion defense systems, visit enterasys.com.
This news release contains forward-looking statements regarding future events, activities and financial performance, such as management's expectations regarding future revenue and cash flow; strategic relationships and market opportunities; product development; and other business strategies and objectives. These statements may be identified with such words as "we expect," "we believe," "we anticipate," or similar indications of future expectations. These statements are neither promises nor guarantees, and actual future financial performance, events and activities may differ materially. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date hereof. We expressly disclaim any obligation to publicly update such statements to reflect changes in the expectations, assumptions, events or circumstances on which such statements may be based or that may affect the likelihood that actual results will differ materially. Some risks and uncertainties that may cause actual results to differ materially from these forward-looking statements include, but are not limited to: worldwide and regional economic uncertainty and recent political and social turmoil may continue to negatively affect our business and revenue; we have a history of losses in recent years and may not operate profitably in the future; our quarterly operating results may fluctuate, which could cause us to fail to meet quarterly operating targets and result in a decline in our stock price; we earn a substantial portion of our revenue for each quarter in the last month of each quarter, which reduces our ability to accurately forecast our quarterly results and increases the risk that we will be unable to achieve previously forecasted results; we continue to introduce new products, and if our customers delay product purchases or choose alternative solutions, or if sales of new products are not sufficient to offset declines in sales of older products, our revenue could decline, we may incur excess and obsolete inventory charges, and our financial condition could be harmed; we may be unable to upgrade our indirect distribution channels or otherwise enhance our selling capabilities, which may hinder our ability to grow our customer base and increase our revenue; we have experienced significant changes in senior management and our current management team has been together for only a limited time, which could limit our ability to achieve our objectives and effectively operate our business; there is intense competition in the market for enterprise network equipment, which could prevent us from increasing our revenue and achieving profitability; a portion of the enterprises we sell to rely in whole or in part on public funding and often face significant budgetary pressure, and if these customers must delay, reduce or forego purchasing from us, our revenues could be harmed; we depend upon a limited number of contract manufacturers for substantially all of our manufacturing requirements, and the loss of any of our primary contract manufacturers would impair our ability to meet the demands of our customers; and those additional risks and uncertainties discussed in our most recent filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the fiscal year ended January 3, 2004.
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