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All Press Releases for November 15, 2001 Subscribe to this News Feed    
 

Explosive Growth in Broadband Increases Security Needs of Businesses

Las Vegas, NV -- November 15, 2001 -- PowerWallz, a provider of innovative network security products, today announced their entry into the small to medium size business (SMB) sector of the network securities market.

PowerWallz develops security products that are secure, adaptable, easy to use and affordable, allowing the small to medium size business take advantage of what was once only available in expensive, high-end network security products.

According to IDC, a research leader in the technology field, firewall product revenues will grow 51%, compounded annually to more than $1.4 billion by 2005. "We are excited to be entering the network security market during a time when the need for reliable network protection is greater than ever," stated Tom Cheng, President and CEO PowerWallz. "Our innovative technology has allowed us to capitalize on this growing market and develop high-performance, yet affordable security products."

As broadband technologies have become widely available, businesses of all sizes are adopting this technology. While high-speed, always-on connections offer businesses significant advantages, they also increase network security risks. The 2000 Computer Crime and Security Survey published by the FBI and Computer Security Institute found that 71% of all companies reported being attacked in the past 12 months. Gartner Group estimates that more than 50% of SMBs using the Internet will be attacked by hackers.

"Many SMBs are connecting to the Internet, but arent taking the necessary precautions to protect themselves," stated Cheng. "No business should leave themselves vulnerable to a security threat."

PowerWallz. Smart. Simple. Secure.

About PowerWallz

PowerWallz, based in Vancouver, British Columbia, is a developer of innovative network security products that are intelligent, easy to use, secure and affordable.

To learn more about PowerWallz, visit them at Comdex Fall 2001 in Las Vegas, NV from November 12 -- 16, 2001 at Booth L2774 or on the web at http://www.powerwallz.com.

Media Contact

Stacy Pardely

media@powerwallz.com

Phone: 604-818-6768

http://www.powerwallz.com


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Powerwallz
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