Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Infonetics Research points to TippingPoint as a leading network-based Intrusion Prevention product manufacturer worldwide

  • 23 March, 2005 15:41

<p>Study Shows TippingPoint Revenue Growth Accelerating Fastest in the Market</p>
<p>Sydney, Australia – 23 March 2005 – TippingPoint, a division of 3Com (Nasdaq: COMS) and the leader in intrusion prevention, today announced that Infonetics Research has issued a new network security report concluding that TippingPoint is tied for first place for revenue in the network-based, in-line intrusion prevention systems (IPS) market, with approximately 28 percent market share. The study shows TippingPoint’s revenue is growing at a more aggressive pace than any other IPS manufacturer.</p>
<p>“With the addition of 3Com’s financial resources and distribution channels, we expect that TippingPoint’s IPS revenue will only go up from here,” said Infonetics Research Principal Analyst Jeff Wilson. “TippingPoint has found success in the market due to its focus on network performance, security precision, and ease-of-use.”</p>
<p>According to the report, the market for in-line network based intrusion prevention systems will grow significantly over the next three years. The CAGR for network-based IPS revenue is estimated at 39 per cent between 2004 and 2008. Worldwide revenue for the network-based in-line IPS market in CY04 was approximately $US128 million, $US42 million of which was sold in the fourth quarter.</p>
<p>“Our sales this year confirm the maturity of TippingPoint’s intrusion prevention system and validate the successful execution of our product strategy,” said Greg Fitzgerald, vice president of marketing for TippingPoint, 3Com’s security division. “From the beginning, we set out to develop a purpose-built intrusion prevention system using specialised hardware and technologically advanced chips that enable us to continually enhance our IPS with more functionality and security without hindering network performance. The market is proving our leadership with their purchases.”</p>
<p>TippingPoint continues to pioneer the intrusion prevention systems market. Since launching the first IPS in 2002, TippingPoint has become the most decorated IPS. For a full list of awards, please visit: http://www.tippingpoint.com/products_certifications.html</p>
<p>TippingPoint’s Intrusion Prevention Systems provide Application Protection, Performance Protection and Infrastructure Protection at gigabit speeds through total packet inspection. Application Protection capabilities provide fast, accurate, reliable protection from internal and external cyber attacks. Through its Infrastructure Protection capabilities, TippingPoint’s IPS protects VoIP infrastructure, routers, switches, DNS and other critical infrastructure from targeted attacks and traffic anomalies. TippingPoint’s Performance Protection capabilities enable customers to throttle non-mission critical applications that hijack valuable bandwidth and IT resources, thereby aligning network resources and business-critical application performance.</p>
<p>About TippingPoint, a division of 3Com
TippingPoint, a division of 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. Our 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 www.tippingpoint.com or by telephone at 1-888-TRUE-IPS.</p>
<p>About 3Com Corporation
3Com 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. When customers exercise choice, their choice is 3Com. For further information, please visit www.3com.com, or the press site www.3com.com/pressbox.</p>
<p>Copyright © 2005 3Com Corporation. 3Com, 3Com logo, TippingPoint Technologies, and the TippingPoint logo are registered trademarks and Exercise Choice is a trademark of 3Com Corporation. All other company and product names may be trademarks of their respective holders.
###</p>
<p>Media queries:</p>
<p>Gerard Mansour
Red Agency
(+61) 02 9955 7877
gerard.mansour@redagency.com.au</p>

Most Popular