Enterasys Networks' Dragon Intrusion Defense Safeguards Information f

    Business Editors/High-Tech Editors

    ANDOVER, Mass.--(BUSINESS WIRE)--April 18, 2005--

    Dragon is integral to SCB's commitment to continuity of service and security for e-banking customers worldwide

    Enterasys Networks(R) (NYSE: ETS), the Secure Networks Company(TM), today announced that Standard Chartered Bank (SCB) of the UK, has deployed Enterasys' Dragon(R) Intrusion Defense to guarantee availability of financial services. Dragon protects SCB's network infrastructure against large-scale threats and ensures compliance with directives such as the Basel-II risk-management accord.
    SCB needed to ensure that the 34,000 PCs/desktops and 5,000 servers used by its more than 30,000 employees in 50 countries were protected from large-scale worms and viruses, as well as from potential internal and external threats affecting the bank's ability to comply with new regulatory directives. In short, SCB required a reliable, real-time method of monitoring abnormal traffic, and they selected the award-winning Dragon Intrusion Defense as the key enabling technology.
    "We chose to adopt Dragon as it suits SCB to have a managed monitoring approach which relies more on human intervention, rather than trusting an IPS to make automated decisions to reconfigure the network to prevent attacks," said John Meakin, group head of information security for SCB.
    After evaluating its existing intrusion-detection systems and those from several other vendors, SCB chose Dragon to protect all of the bank's primary Internet gateways. For each gateway, SCB adopted a multi-layered structure, with Dragon systems deployed on either side of the existing firewalls to provide strength and depth in filtering out inappropriate traffic before it reached the internal network. To ensure continuity of service and security for e-banking customers, redundant gateways are protected with their own Dragon systems.
    "We're delighted with the results so far because security of private financial data is at the very heart of our commitment to customer service. Following the success of this implementation, we plan to expand deployment of Enterasys Secure Networks solutions to other areas of the network," Meakin said.
    Dragon's unique threat-detection technology discovers threats, network misuse, system exploits and a wide array of other malicious activities that can disrupt business continuity, costing enterprises time and money and adversely affecting the ability to serve customers.
    Among recent enhancements to Dragon is a new user-friendly interface with role-based access, designed to meet the needs of enterprises and managed security service providers by delivering simplified configuration and improved ease-of-use for centralized management of all Dragon elements. Dragon also features a new multi-threaded architecture enabling the performance of network sensors to exceed one gigabit-per-second. The detection engine provides enhanced threat detection by using multiple methods, including advanced signature-based pattern analysis, anomaly detection and protocol decoding. Additionally, Dragon's virtual sensors capability allows a single sensor to operate as multiple distinct sensors, with unique policies and configurations, thereby limiting a customer's need to purchase multiple network IDS appliances. With these enhancements, Dragon remains not only an industry leader in threat detection capabilities, but it scales exceptionally well for large environments, which leads to a lower-cost deployments.
    "SCB is clearly committed to offering its worldwide customer base the highest levels of information assurance and availability, enabling them to conduct business without interruption," Cynthia Gallant, executive vice president of Secure Networks for Enterasys. "In a time when security and regulatory compliance can quickly consume IT resources, Enterasys' unique differentiation is our ability to help financial services institutions--and all our other enterprise customers--protect vital data from internal and external threats with a minimum of cost and resources, enabling them to focus on providing customers with the highest levels of service."

    The Enterasys Secure Networks Advantage

    Enterasys' industry-leading Secure Networks technology and solutions provide the highest level of infrastructure security available today. Secure Networks delivers the most granular level of security, providing visibility and control down to the network device, individual user and application level. This enables enterprises to quickly and easily detect, assess, locate and protect against attacks. This unmatched security comes from the integrated policy-based management software architecture that works with the embedded security capabilities Enterasys designs into its entire product line. This unique approach offers significant operational and business benefits, unmatched by vendor offerings that add hardware or software to multiple network access points in an attempt to increase security. In fact, Secure Networks technology can even make networks with competitors' equipment more secure.

    About Enterasys Networks

    Enterasys Networks is the Secure Networks Company, providing enterprise customers with innovative network infrastructure products, services and solutions that deliver the security, productivity and adaptability benefits required by Global 2000 organizations. For more information on Enterasys Secure Networks and the company's products, including multilayer switches, core routers, WAN routers, wireless LANs, network management, and intrusion defense systems, visit www.enterasys.com.

    This news release contains forward-looking statements regarding future events, activities and financial performance, such as management's expectations regarding future revenue and cash flow; strategic relationships and market opportunities; product development; and other business strategies and objectives. These statements may be identified with such words as "we expect," "we believe," "we anticipate," or similar indications of future expectations. These statements are neither promises nor guarantees, and actual future financial performance, events and activities may differ materially. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date hereof. We expressly disclaim any obligation to update such statements publicly to reflect changes in the expectations, assumptions, events or circumstances on which such statements may be based or that may affect the likelihood that actual results will differ materially.
    Some risks and uncertainties that may cause actual results to differ materially from these forward-looking statements include, but are not limited to: worldwide and regional economic uncertainty and recent political and social turmoil may continue to negatively affect our business and revenue; we have a history of losses in recent years and may not operate profitably in the future; our quarterly operating results may fluctuate, which could cause us to fail to meet quarterly operating targets and result in a decline in our stock price; we earn a substantial portion of our revenue for each quarter in the last month of each quarter, which reduces our ability to accurately forecast our quarterly results and increases the risk that we will be unable to achieve previously forecasted results; we continue to introduce new products, and if our customers delay product purchases or choose alternative solutions, or if sales of new products are not sufficient to offset declines in sales of older products, our revenue could decline, we may incur excess and obsolete inventory charges, and our financial condition could be harmed; we may be unable to upgrade our indirect distribution channels or otherwise enhance our selling capabilities, which may hinder our ability to grow our customer base and increase our revenue; we have experienced significant changes in senior management and our current management team has been together for only a limited time, which could limit our ability to achieve our objectives and effectively operate our business; there is intense competition in the market for enterprise network equipment, which could prevent us from increasing our revenue and achieving profitability; a portion of the enterprises we sell to rely in whole or in part on public funding and often face significant budgetary pressure, and if these customers must delay, reduce or forego purchasing from us, our revenues could be harmed; we depend upon a limited number of contract manufacturers for substantially all of our manufacturing requirements, and the loss of any of our primary contract manufacturers would impair our ability to meet the demands of our customers; and those additional risks and uncertainties discussed in our most recent filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the fiscal year ended January 1, 2005.

--30--AS/bo*

CONTACT: Enterasys Networks Kevin Flanagan 978-684-1473 kflanaga@enterasys.com or CHEN PR, Inc. Kevin Kosh 781-466-8282, ext. 11 kkosh@chenpr.com

KEYWORD: MASSACHUSETTS UNITED KINGDOM INTERNATIONAL EUROPE INDUSTRY KEYWORD: HARDWARE BANKING TELECOMMUNICATIONS NETWORKING PRODUCT MARKETING AGREEMENTS SOURCE: Enterasys Networks

Copyright Business Wire 2005