CyberGuard Buying SnapGear, Adding Linux Line
anon Nov 14 2003

CyberGuard Corporation .., the technology leader in network security,
today announced that the company has signed an agreement to acquire
SnapGear for approximately $16 million.

SnapGear, a privately held company founded in Australia, is a leading
developer of embedded Linux security and offers a popular line of edge
firewall/VPN security appliances for the small to medium enterprise markets.

"SnapGear is an ideal acquisition for CyberGuard," said Pat Clawson,
president of CyberGuard. "First, it rounds out our product offering and
allows us to meet the demand of enterprise customers who want efficient,
dependable security at the edge of their networks.

Second, it brings new technology products and expertise into our
portfolio since SnapGear incorporates embedded Linux security into their
appliances.

Third, because SnapGear targets a different market than CyberGuard,
their worldwide distribution channel will complement, not replicate,
ours. We believe this can generate revenue growth for both entities."

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