Banyan Broadens Product and Service Offerings with Check Point Software Reseller Agreement
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New Relationship Underscores Banyan's Commitment to Deliver Complete Enterprise Solutions WESTBORO, Mass., March 23, 1999 - Banyan Systems Incorporated (NASDAQ: BNYN), reinforced its long-standing commitment to deliver complete enterprise solutions today by announcing that is has signed a reseller agreement with Check Point Software Technologies Ltd. Terms of the agreement allow Banyan to resell Check Point Software's network security, traffic control, and IP address management solutions, providing its customers with access to one of the leading enterprise security solutions available. Banyan has also joined Check Point's Partner Alliance Program, giving the company access to marketing, sales and support resources. "Our ability to offer Banyan professional services and support with Check Point's products will deliver highly functional Internet, directory and security solutions for enterprise customers," said Scott Silk, Senior Vice President of Marketing and Business Development for Banyan. "Working with strategic partners such as Check Point allows Banyan to further expand its services and support offerings to meet the technology demands of businesses today, and into the future." Banyan offers enterprise security consultation to assess and analyze a customer's security requirements, provides planning for appropriate security readiness and delivers top quality expertise to implement world class solutions. The reseller agreement with Check Point Software allows Banyan to resell Check Point products, such as FireWall-1 and VPN-1 security solutions, as components of Banyan's recommended solutions for enterprise-wide deployment and management. "At Check Point Software we're dedicated to working with resellers that consistently add value to business," said Kenneth Casey, vice president of America's sales at Check Point Software Technologies. "We share Banyan's commitment to deliver best of breed solutions that enable secure enterprise networking."
Check Point Software Technologies Ltd. (NASDAQ: CHKP) is the worldwide leader in secure enterprise networking solutions. The company's integrated architecture includes network security (FireWall-1, VPN-1, Provider-1 and Open Security Manager), traffic control (FloodGate-1 and ConnectControl) and IP address management (Meta IP). Check Point Software solutions enable customers to implement centralized policy-based management with enterprise-wide distributed deployment. Via the OPSEC Alliance, Check Point Software's products seamlessly integrate with "best-of-breed" products from nearly 200 leading industry partners. The company has U.S. headquarters in Redwood City, California, and international headquarters in Ramat-Gan, Israel. For more information, please call (800) 429-4391 or (650) 628-2000, or visit http://www.checkpoint.com or http://www.opsec.com.
Banyan Systems Incorporated, founded in 1983, is a leading provider of advanced enterprise solutions that integrate multi-vendor networking environments. Headquartered in Westboro, Mass., USA, Banyan supports hundreds of Fortune 1000 companies and government agencies worldwide. Banyan provides products and services that integrate core business applications and Intranets creating highly reliable, easily managed and secure global networks. The company also provides co-existence and migration services, secure and remote access for business applications and tools to deploy and manage Intranets, directories and messaging. Its majority-owned Internet subsidiary, Switchboard Incorporated, is a leading on-line white and yellow pages directory. ### The Company noted that each of the above forward-looking statements is subject to change based on various important factors, including, without limitation, the plans for the Company's business. These factors are subject to change based on various important factors including competitive actions in the marketplace, and the ability of Switchboard to expand its revenues and broaden its strategic relationships. Actual events or results could differ materially from those indicated by such forward-looking statements. Further information on potential factors which could affect the Company's financial results are included in the Company's Form 10-K for the 1997 fiscal year, which was filed with the SEC at the end of March 1998, and the Company's Form 10-Q for the period ended September 30, 1998, which was filed with the SEC in November 1998. Banyan is a registered trademark of Banyan Systems Incorporated. |