N1 leverages Enterasys' flow-based architecture enabling enterprises to deploy a wide range of DFEs at any point on the network Enterasys Networks(R) (NYSE: ETS), the Secure Networks Company(TM), today introduced the Matrix N1, the latest addition to its Matrix N family of modular Layer 3 secure enterprise switches. The Matrix N1 single-slot chassis is unique in the industry because it leverages the distributed architecture of the N-Series switch family to enable enterprises to deploy a single distributed forwarding engine (DFE) module at any point on their network. Competitors' switches require separate management and forwarding modules, but each Enterasys DFE is a self-contained switch, providing a flexible, highly secure switching solution in a cost-effective, compact form factor. The N1 supports every Matrix N-Series DFE module, delivering the benefits of Enterasys Secure Networks(TM) and its flow-based architecture anywhere on the network in a low-density footprint. One of the first enterprises to deploy the N1 is Appalachian State University in North Carolina. "The Matrix N1 has been an outstanding addition to our network," says Tom Culver, director of networks for Appalachian State. "It gives us the flexibility to deploy Platinum DFE technology at the edge of the network with the full range of DFE media, port speeds and densities, in a space-efficient form factor and at a very attractive price. The N1 enables the University to extend the unique benefits of Enterasys' Secure Networks capabilities end-to-end in our network." The N1 enhances standardization in customer environments through an end-to-end enterprise switching deployment with common hardware and embedded software, a unified mechanism for multi-user authentication, policy-based forwarding, and standard Layer 3 routing protocols. "Enterprise customers require network technology that delivers superb performance with unmatched security throughout their networks," says John Roese, chief technology officer of Enterasys Networks. "The Matrix N1 is another great example of our commitment to innovation and delivering the capabilities that enterprises need today and tomorrow. Only Enterasys can deliver the modular flexibility of the N1 with its ability to deploy any DFE anywhere on the network. It is ideal for edge aggregation applications and it's equally suited for distribution switching applications because it enables higher speed links to be aggregated at the DFE, where authentication and policy can be enforced, not on a per-port basis, but for many discrete users who are communicating across a single uplink port." Pricing and Availability The Matrix N1 is available now from Enterasys and its worldwide distribution partners at a list price of US$2,995. The Enterasys Secure Networks Advantage Enterasys' industry-leading Secure Networks technology and solutions provide the highest level of embedded 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, which 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. Enterasys' unique architectural approach offers significant operational and business benefits, unmatched by vendors 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 worldwide with the industry's most up-to-date portfolio of edge-to-core networking products, solutions and services, with award-winning policy-based security capabilities embedded in the infrastructure. For more information on Enterasys Secure Networks and the company's comprehensive wired and wireless products, visit www.enterasys.com. (ETS-P) 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 Form 10-Q for the quarter ended July 2, 2005.
Enterasys (NYSE:ETS)
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Enterasys (NYSE:ETS)
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