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Frost & Sullivan Recognizes TippingPoint For Excellence in Both the IPS and VOIP Markets12 October 2005
Frost & Sullivan is proud to present TippingPoint, a division of 3Com, with the 2005 Awards for Market Penetration Leadership in the network-based intrusion prevention systems and intrusion detection systems (IPS & IDS) market and Technology Leadership in the Voice Over IP Security market. TippingPoint solutions deliver application, infrastructure, and performance protection for corporate enterprises,
government agencies, service providers, and academic institutions.
Each year, Frost & Sullivan presents the Market Penetration Leadership Award for IPS to a company that has demonstrated excellence in developing product innovation, marketing, and sales strategies that have resulted in the largest gain in market share over the past two to three years. Between 2003 and 2005 TippingPoint has seen greater than five times growth in its revenues.
"It is significant that a network-based IPS company has been able to increase their market share by more than five times since 2003 in a highly competitive market that includes host and network based products as well as intrusion detection and prevention systems," says Frost & Sullivan Research Analyst Robert Ayoub. "TippingPoint is growing so quickly that we estimate it to rank among the market's top competitors by the end of 2005."
TippingPoint's sales team has focused heavily on expansion, increasing relationships with distribution channels, building brand name recognition, and creating partnerships with security integrators. As a result, the company has seen phenomenal growth across all verticals and all regions of the world. At the close of the acquisition of TippingPoint by 3Com in January 2005, the company's revenues for the year were approximately $33 million, up from $5.8 million in the previous year.
TippingPoint continues to innovate in the IPS arena with groundbreaking features unique to the industry such as voice over Internet Protocol (VoIP) security, spyware protection, instant messaging protection, bandwidth management, and phishing protection.
TippingPoint receives its second award for its strong VoIP Security products and its role in founding the VoIP Security Alliance (VOIPSA).
Frost & Sullivan bestows the Technology Leadership Award for VOIP Security each year on a company that has excelled in all stages of the technology life cycle - incubation, adaptation, take-up, and maturity - to ensure a continuous flow of improvements.
TippingPoint was early to realize that standards and cooperation were important to allow the VoIP security industry to expand. It helped form the VOIPSA as a platform to allow engineers, technicians, and managers to solve mutual problems through discussions and cooperative testing. The members discuss technical problems and solutions at a peer level, in a spirit of cooperation and goodwill, despite the fact that the companies they represent are competitors.
"TippingPoint pioneered the market for VoIP security, and found that standards and cooperation were important to allow this industry to expand," said Shirley Hunt, Strategic Analyst at Frost & Sullivan. "We expect 3Com to continue to lead and grow the industry it helped create, and play a strategic role as time progresses."
The performance protection capabilities of TippingPoint's IPS enable customers to throttle non mission-critical applications that hijack valuable bandwidth and IT resources, thereby aligning network resources and business-critical application performance. It enables seamless and transparent installation into the network as an inline hardware device and inspects packets as they pass through the system to determine whether they are legitimate or malicious.
The TippingPoint system is built upon the Threat Suppression Engine (TSE), which is a specialized hardware-based intrusion prevention platform providing a high level of functionality. The TippingPoint TSE architecture also enables traffic classification and rate shaping.
About TippingPoint
TippingPoint, a division of 3Com, is the leading provider of network-based intrusion prevention systems. The TippingPoint IPS is the most decorated in its industry. For a full list of awards, visit http://www.tippingpoint.com/products_certifications.html. The company's innovative approach offers customers unmatched network-based security with unrivaled economics, ultra-high performance, scalability, and reliability.
TippingPoint is based in Austin, Texas, and can be contacted through its Web site at http://www.tippingpoint.com or by telephone at 1-888-TRUE-IPS.
Copyright (C) 2005 3Com Corporation. 3Com and the 3Com logo and are registered trademarks and TippingPoint is a trademark of 3Com Corporation or one of its subsidiaries. All other company and product names may be trademarks of their respective holders.
About 3Com Corporation
3Com Corporation (Nasdaq: COMS) is a leading provider of secure, converged voice and data networking solutions for enterprises of all sizes. 3Com offers a broad line of innovative products backed by world-class sales, service and support, which excel at delivering business value for its customers. Through its TippingPoint division, 3Com is the leading provider of network-based intrusion prevention systems that deliver in-depth application protection, infrastructure protection, and performance protection for corporate enterprises, government agencies, service providers and academic institutions. For further information, please visit http://www.3com.com, or the press site
http://www.3com.com/pressbox.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com.
Contact:
Stacie Jones
210.247.2450
Stacie.jones@frost.com
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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