Enterasys Secure Networks Helps Hyundai Manage IT Challenges of Its Gr

    Business Editors/High-Tech Editors

    ANDOVER, Mass.--(BUSINESS WIRE)--Feb. 22, 2005--Enterasys Networks(R) (NYSE: ETS), the Secure Networks Company(TM), today announced that Hyundai Cars in the UK has deployed Secure Networks(TM) solutions to provide a secure, scaleable, resilient infrastructure for its UK headquarters. The Korean automotive manufacturer also depends on Enterasys switches at its Tilbury car import center to support its inventory tracking and management system and provide a cost-effective and secure link to its head office.
    Hyundai has been experiencing strong growth in its UK automotive business, and the increasing volume of cars imported, combined with the desire to provide a secure yet scalable infrastructure prompted the company to reassess its IT strategy. With the assistance of systems integrator Sigma Technology, the company redeployed Enterasys switches from its head office in High Wycombe to the import division in Tilbury and replaced them with Matrix E7 multi-layer switches on each floor of the headquarters building with four 1-Gigabit uplinks to an Enterasys core router. To provide strong user authentication and access control to the network for employees, customers and dealerships, Hyundai also uses Enterasys' NetSight(R) Policy Manager to provide additional information to its nationwide network of dealers and customers via its Web site while protecting the vital company and customer information on the network from the threat of unauthorized access.
    "Our employees, dealerships and customers have a tremendous need to access information over the wide area network, via the Internet and from mobile devices," said Clive Wadham, technology manager at Hyundai. "It is vital that we protect our network and the information that traverses it from the potentially catastrophic impact of internal and external threats. The Enterasys infrastructure we have deployed positions us for the growth and flexibility our business demands and delivers increased protection against security threats from hackers, viruses and malware."
    Michael Rivers, Enterasys executive vice president of worldwide sales and services, says this is another example of the significant business benefits enterprises can realize by deploying Secure Networks.
    "Hyundai's Secure Networks migration is a great example of how businesses can future-proof their enterprise networks without needing to rip out and replace their current equipment," said Rivers. "We're delighted to have Hyundai, a company with such a strong track record for innovation in its own field, recognize the benefits of our Secure Networks technology."

    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 3, 2004.

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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 INDUSTRY KEYWORD: AUTOMOTIVE SOFTWARE NETWORKING PRODUCT SOURCE: Enterasys Networks

Copyright Business Wire 2005