Palo Alto Networks™, the leader in next-generation firewalls, today announced that it has been named a TiE50 Award winner for its leadership in innovation, ingenuity and management excellence. The TiE50 Award was presented by TiE at TiEcon 2009 this past weekend to the top 50 start-ups selected from approximately 1,200 nominees.
“All of this year’s winners embraced TiE’s message of the bold entrepreneur,” said Mateen Syed, TiE50 Chair. “The judges were impressed by the quality of ideas and execution across each vertical segment. These 50 companies represent the finest in entrepreneurship and serve as role models, encouraging and inspiring emerging start-ups to succeed as bold entrepreneurs stimulating the economy.”
Palo Alto is demonstrating its latest next-generation firewalls in Booth #427 at Interop Las Vegas 2009, being held this week at the Mandalay Bay Convention Center.
Honored with this recognition by entrepreneurs, executives and business professionals, TiE50 Award winners are diverse in size, progress, maturity and location. According to TiE, they share a common thread of innovation, ingenuity, strong management teams and overall quality of ideas.
The TiE 50 judging process was designed with meticulous planning, screening and judging by more than 40 prominent entrepreneurs, venture capitalists, corporate executives and other domain experts. TiE is also pleased to acknowledge the nominee companies, and those who publicly voted from around the world, ultimately selecting the 50 winners from the group of finalists. TiE50 winners presented their companies in a live showcase at TiEcon 2009 on May 15 - 16 in Santa Clara, Calif.
“TiE is a respected, growing global organization, and we are pleased to receive this honor from them,” said Palo Alto Networks CEO Lane Bess. “This award is especially gratifying since we received it as a result of the industry voting for Palo Alto Networks as one of today’s hottest companies. The company continues to see accelerated customer acquisition and industry validation due to its unique approach in innovating firewall technology to best secure enterprise networks.”
About TiECon2009 and TiE50
TiEcon 2009 is two action-packed days of rich dialogue, networking and deal making with thousands of entrepreneurs, venture capitalists, industry executives, and thought leaders. TiEcon 2009 is themed “The BOLD Entrepreneur,” focusing on dynamic individuals who are able to adapt to changing conditions and create their own future despite downturns and uncertainties.
TiE is a global organization dedicated to fostering entrepreneurs across its international network sponsored by top venture capital firms and Fortune 500 corporations. TiE is spread across 53 chapters in 12 countries comprising of 1,800 experienced entrepreneurs and business executives as charter members, 12,000 aspiring entrepreneurs, and professionals as members.
About Interop
Interop ® drives the adoption of technology, providing knowledge and insight to help IT and corporate decision-makers achieve business success. Part of TechWeb's family of global brands, Interop is the leading business technology event series. Through in-depth educational programs, workshops, real-world demonstrations and live technology implementations in its unique Interop Net program, Interop provides the forum for the most powerful innovations and solutions the industry has to offer. For more information about these events visit www.interop.com.
About Palo Alto Networks
Palo Alto Networks™ is the leader in next-generation firewalls, enabling unprecedented visibility and granular policy control of applications and content – by user, not just IP address – at up to 10Gbps with no performance degradation. Based on patent-pending App-ID™ technology, Palo Alto Networks firewalls accurately identify and control applications – regardless of port, protocol, evasive tactic or SSL encryption – and scan content to stop threats and prevent data leakage. Enterprises can for the first time embrace Web 2.0 and maintain complete visibility and control, while significantly reducing total cost of ownership through device consolidation. For more information, visit www.paloaltonetworks.com.
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Palo Alto Networks, the Palo Alto Networks Logo and App-ID are trademarks of Palo Alto Networks, Inc. in the United States. All other trademarks, trade names or service marks used or mentioned herein belong to their respective owners.
