TippingPoint Enables End-to-End Enterprise Protection with Availability of UnityOne-50 for Remote Branch Office Security
AUSTIN, Texas – May 24, 2004 – TippingPoint Technologies, Inc. (NASDAQ: TPT1), the leader in intrusion prevention, today announced the availability of the UnityOne-50, which will enable remote branch offices and smaller enterprises to benefit from the most advanced in-line intrusion prevention capabilities. The release of the UnityOne-50 builds on recent news of TippingPoint’s European expansion plans.
The 50-megabit UnityOne-50 is the latest addition to the TippingPoint product line, bringing the cost of best-of-breed intrusion prevention below $10,000. The UnityOne- 50 enables branch-office protection for larger enterprises and targets the market for smaller offices wanting a level of protection recently described by The NSS Group test labs as “impeccable, with 100 percent of all attacks being detected and blocked under all load conditions.”
TippingPoint’s award-winning Intrusion Prevention Systems (IPS), coupled with TippingPoint’s best-of-breed security and policy management software, enables endto- end protection of the entire enterprise and helps to ensure business continuity in the face of increasing network and application misuse and abuse. TippingPoint’s broad IPS product line includes six UnityOne devices capable of handling a variety of network speeds. With this latest product addition, TippingPoint enables enterprises to easily enforce an end-to-end enterprise security policy for the first time.
The recently conducted DTI Information Security Breaches Survey 2004 shows a marked increase in attacks on UK businesses – up from 44 percent of businesses suffering damages in 2002 to 68 percent in 2004, with 91 percent of larger organizations reporting malicious attacks in the last year. The report suggests that average cost of these attacks, including loss of business, was between £7,000 and £14,000, while the cost for larger organizations was between £65,000 and £190,000. The business challenge is more concerning when coupled with statistics from organizations such as CERT that show 60% annual growth in the number of security incidents during 2003.
“We’re excited to round out our product line and believe it has particular relevance to the European market,” says TippingPoint’s Chief Executive Officer Kip McClanahan. “These recent reports illustrate that proactive network protection should be viewed as a solid business investment in Europe as well as globally. Compared to the costs of post-attack clean up, TippingPoint’s UnityOne Intrusion Prevention Systems represent a great value for enterprises of all sizes.”
The UnityOne-50 enables smaller offices to reap the benefits of advanced intrusion prevention with the same functionality as all products in the range. The UnityOne-50 unit has two Ethernet ports protecting one network segment, and will cost approximately $9,995. Due to customer demand, TippingPoint will also add a fivegigabit product, the UnityOne-5000, to its product line this Fall. It will be the highest performing product on the market.
Jeff Wilson, Principal Analyst of VPNs and Security at Infonetics Research, sees an even greater market potential: “The UnityOne-50 is an excellent solution for small enterprises and branch offices, bringing them state-of-the-art IPS features at a greatly reduced cost. Now that most offices are directly connected to the Internet, industrial strength network security is a requirement everywhere. At the other end of the scale, TippingPoint’s UnityOne-5000 five gigabit product due for release in the third quarter is eagerly awaited by service providers, large corporations and data centers. The market potential is huge.”
UnityOne Intrusion Prevention Systems inspect traffic through Layer 7 and block malicious traffic utilizing a combination of complex algorithms, vulnerability-based virtual software patches, and statistical anomaly filters to stop denial of service attacks and zero-day exploits. All UnityOne devices can be automatically updated with the latest vulnerability-based Virtual Software Patches through the Digital Vaccine service. UnityOne traffic normalization enforces protocol compliance and reclaims wasted bandwidth, delivering not just a safer network but also better performance under normal conditions.
UnityOne’s Application Protection capabilities provide fast, accurate, reliable protection from internal and external cyber attacks. Through its Infrastructure Protection capabilities, UnityOne protects routers, switches, DNS and other critical infrastructure from targeted attacks and traffic anomalies. UnityOne 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.
About TippingPoint Technologies:
TippingPoint 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’s corporate headquarters is based in Austin, Texas, and can be contacted through its Web site at www.tippingpoint.com or by telephone at +1-888-648-9663. TippingPoint’s European headquarters is based in Amsterdam tel: +31 (0) 20 561 6222.