Cabletron Systems, on behalf of Enterasys Networks who is the only provider of total network solutions singularly focused on enterprise-class customers, today announced that it has reached a definitive agreement to acquire Network Security Wizards (NSW). The addition of Baltimore-based NSW . . .
Cabletron Systems, on behalf of Enterasys Networks who is the only provider of total network solutions singularly focused on enterprise-class customers, today announced that it has reached a definitive agreement to acquire Network Security Wizards (NSW). The addition of Baltimore-based NSW gives Enterasys access to key Intrusion Detection System (IDS) technology that will be integrated into its industry leading switching, routing and VPN platforms as well as providing a complete range of standalone best of breed high-speed enterprise security solutions. Terms of the acquisition were not disclosed.

In announcing the acquisition, Henry Fiallo, Enterasys Networks' President said, " With the acquisition of NSW and their high speed, network-based IDS solutions, we continue to broaden the range and depth of our portfolio of network security offerings. Together with our recent acquisition of Indus River's VPN solutions, this puts us well on the way to providing end-to-end network security for our enterprise customers, within the framework of a holistic security architecture."

Headquartered in Baltimore, Maryland, NSW is a self-funded, startup company focused on developing high-performance, "third generation" IDS software and appliances for network and system monitoring. Its Dragon Sensor network intrusion detection product recently won the Network Computing 2000 Well-Connected Award in the category of Enterprise Security Intrusion Detection. A network IDS constantly monitors all traffic traversing an enterprise infrastructure for signs of misuse, which may indicate virus infection, or theft of data. An IDS logs all detected network and system activity for real time alerting, forensic analysis and evidence collection.

Commenting on the acquisition by Enterasys, Ron Gula, CEO and founder of NSW said, "The intrusion detection marketplace is growing at 39% yearly, and spending in the Enterprise portion of the market is expected to reach over $500M by 2003. This makes the addition of NSW and its award winning IDS product lines a natural for Enterasys and gives them a vital component in the building of an industry leading, enterprise network security portfolio."

About Network Security Wizards Inc.

Network Security Wizards Inc. produces network intrusion detection tools for security professionals and Internet service providers. Their flagship product is the Dragon Sensor, which is a network intrusion detection system that emphasizes monitoring of complex high-speed networks and collection of forensic evidence. NSW also offers host based IDS products, firewall monitoring software and an advanced event correlation engine for enterprise IDS monitoring. NSW's web site may be reached at https://www.securitywizards.com/

About Enterasys Networks

Enterasys Networks is a new kind of company, singularly focused on providing global business communication solutions to enterprise customers. Enterasys Networks' vision is to bring customers solutions that enhance their ability to communicate. With over 650 communications-linked patents, Enterasys Networks is the leading business-communications innovator. Enterasys has partnerships with many of the world's leading IT solutions providers, allowing it to build powerful and intelligent infrastructure solutions for today's Global 2000 enterprise customers. Scalability and manageability are at the core of Enterasys Networks' award-winning holistic networking infrastructure solutions. By optimising customer solutions to support converged voice, video and data, Enterasys Networks creates solid foundations for the seamless deployment of emerging business-critical applications.

Through its high touch sales model, and a global network of certified and highly trained resellers, Enterasys Networks delivers unrivalled sales and support services across the business world. For more information on Enterasys Networks products, services and partners visit our web site at www.enterasys.com . Enterasys Networks financial backers include Silver Lake Partners and Cabletron Systems (NYSE: CS)

About Cabletron Systems

Cabletron Systems is a holding company for four of the most innovative, customer-focused organizations in the telecommunications and networking industry: Enterasys Networks, Riverstone Networks, GlobalNetwork Technology Services (GNTS), and Aprisma Management Technologies. Listed on the New York Stock Exchange for more than a decade under the symbol CS, Cabletron is an S&P 500 index company. Cabletron's web site can be reached on the Internet at www.cabletron.com. # # #