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Lancope Adds 16 Companies to Channel Partner Program Lancope's Advanced Threat Protection Solutions Bolster Security and Network Intelligence Offerings of Partners and Expands Customer Reach Worldwide ATLANTA, Ga., June 23, 2003 - Lancope, Inc., the leading provider of Advanced Threat Protection solutions, today announced that it has added 16 resellers from around the globe to the Lancope Channel Partner Program within the first few months of program launch. The Program includes the following domestic and international partners:
"By strategically identifying and aligning with organizations that seek next generation solutions to enhance their existing network security offerings, Lancope is creating a powerful partnership for mutual success," said Kim Strayer, director of Channels and Business Development with Lancope. "Lancope not only provides a differentiated solution in the marketplace and the highest level of service and support, but also offers numerous resources to help Partners maximize their success and profitability. What distinguishes the Lancope Channel Partner Program is our commitment to a substantial investment in every partner organization." "With networks as the lifeblood of many organizations, protecting those networks has become critical," said Paul A. Graffeo, vice president of Sales and Marketing for Red Bull Technologies. "Teaming up with Lancope advantageously positions us to deliver the next generation solutions for sophisticated networks and allows us to capitalize on Lancope's brand, reputation and growth in the security marketplace." The Lancope Channel Partner Program continues to attract premier resellers, service providers, system integrators and consultants with established reputations in the Internet security and networking industry. Partners expand the market reach of Lancope in order to meet customer demand for increasingly sophisticated network and security solutions. Adding Lancope solutions to their product portfolios enables Partners to extend their businesses, generate incremental revenue and access multiple exclusive benefits:
According to industry analyst group IDC, security spending remains a top priority for most organizations and the market for security products and services is projected to grow from $17 billion in 2001 to over $45 billion in revenue by 2006. Specifically, industry estimates predict that the worldwide market for Intrusion Detection appliances will grow at a 32% CAGR to $243 million by 2005. "Developed in response to explosive market demand for innovative network security solutions, the Lancope Channel Partner Program has generated significant momentum for Lancope and has enabled us to make major inroads in the international marketplace with partners in the Far East, Middle East and Europe," added Strayer. "With StealthWatch, our clients can leverage their entire IT staff by reducing the need for other monitoring and management tools," said Keith Nelson, practice area director for Network Security with MasterLink Corporation in Menomonee Falls, Wisconsin. "StealthWatch is truly a solution that provides value for network, security and IT operations. Teaming up with Lancope positions us to deliver the next generation solutions for securing and managing sophisticated networks." Mark Lige, principal of NetPersist Solutions Group, added, "We found Lancope's StealthWatch appliance to be extremely useful in identifying and characterizing anomalous traffic patterns on our clients' networks as part of our Vulnerability Assessment Service. Its powerful data capture and forensic analysis capabilities provide unprecedented visibility into our clients' actual network activity to identify and eliminate unauthorized or rogue programs already running inside their network, as well as inefficiencies/misconfigurations that may be impeding their network performance." Achieving Lancope Channel Partner status is based on an organization's ability to fulfill and maintain a minimum set of requirements in areas including revenue targets, support infrastructure and customer satisfaction. For more information on the Lancope Channel Partner Program, please click here. Lancope's award-winning Advanced Threat Protection solutions ensure business continuity and protect digital assets by providing comprehensive security and network intelligence, detecting zero-day attacks and enforcing security policies across the network and its devices. Lancope Channel Partners can deliver the Lancope product line, which includes the StealthWatch appliance for behavior-based intrusion detection and the StealthWatch Management Console™ for centralized, graphical web-based management of multiple StealthWatch appliances. About Lancope and StealthWatch™
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