Security

April 7, 2005
Kavado announcs record growth in application firewall revenue

UNITED KINGDOM -- Kavado Inc., the leader in intelligent application security, recently announced a record growth in application firewall revenue during the past six months. Its revenue growth was driven by large-scale adoption of its security solutions in enterprise organisations worldwide. Its solutions have been implemented by five of the top twelve F100 companies across the key industries, including financial services, manufacturing and government agencies, within the past year. In addition to the burgeoning revenue growth, Kavado demonstrated leadership in product development, partnerships and operations.

Kavado introduced the next-generation web application security solution, Defiance TMS, the first enterprise-class threat management solution that secures large-scale, distributed deployments of Web applications and Web services. This solution, based on the new patent-pending technology, introduces scalable intrusion detection and prevention that detects threats, generates alerts and blocks internal and external attacks to critical corporate and customer data across the enterprise without impacting the day-to-day business operations.

Vikram Desai, chief executive officer and president, Kavado, said: "We have seen over 100 percent increase in Web application firewall revenue during the last six months and the demand is escalating. As companies drive e-commerce applications to the Internet to increase efficiencies and margin, they discover that network perimeter security devices do not protect against the ever-present application layer vulnerabilities found in common Web-enabled applications. As a result, budgets have significantly increased for securing these applications."

Contact:
Kavado
Tel: +1-203-325-0575
sadhana.joliet@kavado.com
www.kavado.com