Move Aims to Broaden and Deepen Channel Outreach in Emerging Southeast Asian Market
HANOI, Vietnam, July 10 /PRNewswire-Asia/ -- Fortinet(R) -- a market-leading network security provider and worldwide leader of unified threat management (UTM) solutions today announced the appointment of M.Tech as Fortinet's distributor in the Vietnam. This move will allow both companies to deepen local market traction with Fortinet's leadership standing as the top ranked company in worldwide UTM factory revenue for 2008, fueled by large-enterprise, MSSP and carrier adoption of Fortinet's high-end FortiGate(TM) multi-threat security appliances. As the UTM global factory revenue leader for three consecutive years, Fortinet is well positioned to strengthen its entrenchment in the Vietnamese market, especially with the CAPEX and OPEX value proposition heightened in the current economic conditions worldwide and in the region.
According to Wilson Ho, deputy managing director of the M.Tech Group, "We are honored to be appointed as Fortinet's Vietnamese distributor and are confident in marketing unified threat management (UTM) security systems in a price-performance conscious environment. This partnership is timely to leverage M.Tech's strong distribution channels and proven business model, as demonstrated by M.Tech's expansion into 23 cities in ten countries with steady growth achievements. Locally, we have been operating in Vietnam since 2003 and we look forward to this collaboration in taking UTM mainstream in the country. We also plan to grow Fortinet's branding at the same time to seed its end-to-end security portfolio with local end customers."
M.Tech will carry the entire Fortinet security product range to offer enterprise customers an end-to-end security strategy that extends from the client, to databases, to web applications, to the overall network. This presents a value- and solution-centric value proposition to partners and end users.
Benjamin Teh, Fortinet's regional director for Asia South and Hong Kong added, "This collaboration with M.Tech is a strategic move, as they are well-positioned in Vietnam to evangelize our security solutions. The consolidated security approach has proven to be resilient in the current economic climate and burgeoning blended threatscape. Providing frugal and cutting-edge technology has been the foundation of Fortinet's growth. We are confident of growing mindshare and market share with M.Tech in Vietnam."
Fortinet's FortiGate systems are ASIC-accelerated security appliances that integrate essential security applications such as antivirus, firewall, VPN, intrusion prevention, Web filtering, anti-spam and traffic shaping. All FortiGate systems are kept up to date automatically by Fortinet's FortiGuard(R) Network, which helps ensure protection against the most damaging, content-based threats from email and Web traffic such as viruses, worms, intrusions, other unwanted network traffic and more - around the clock and around the world.