Tumbleweed(R) Communications Corp. (NASDAQ:TMWD), a leading provider of email security, managed file transfer, and identity validation appliance and software products, today announced that it has received a "Positive" rating in the latest Gartner MarketScope Email Encryption report. To view the entire report, please visit: http://www.tumbleweed.com/products/mailgate/gartner_marketscope.html "We are very pleased to receive a 'Positive' rating in this Gartner MarketScope report. We feel these findings confirm that Tumbleweed continues to provide one of the industry's most effective e-mail security solutions available," said John Thielens, CTO of Tumbleweed Communications. "Our mission is to provide the best e-mail security tools possible to meet the challenges of data privacy protection, regulatory compliance, and protection of intellectual property for our customers. We are excited to be recognized by Gartner for our efforts." This MarketScope report focused on a specific e-mail encryption market -- the gateway encryption market, in which no desktop software is required by sender or receiver. Gartner continues to see the majority of user demand for specific solutions in this market. Gartner states that gateway e-mail encryption is an emerging security market estimated at less than $40 million to $50 million in revenue worldwide at this time. According to the Gartner report, within this space, vendors that offer e-mail security functionality -- such as spam, antivirus and content filtering -- and e-mail encryption, and that also possess more extensive resources from a large existing enterprise installed base, which they can sell e-mail encryption to as an add-on functionality, are best-poised for longer-term viability. Gartner reviewed a total of seven email encryption vendors in the report, basing results on criteria including customer experience, market understanding and product strategy, as well as other criteria. Gartner defines a "Positive" rating as meaning that a vendor has demonstrated strength in specific areas, but is largely opportunistic and recommends that existing customers continue incremental investments, while potential customers should put this vendor on a short list of tactical alternatives. SAFE HARBOR STATEMENT Tumbleweed cautions that forward-looking statements contained in this press release are based on current plans and expectations as of the date of this press release, and that a number of factors could cause the actual results to differ materially from the guidance given at this time. These factors are described in the Safe Harbor statement below. Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected, particularly with respect to the functionality and performance of Tumbleweed's products. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. For further cautions about the risks of investing in Tumbleweed, we refer you to the documents Tumbleweed files from time to time with the Securities and Exchange Commission, particularly Tumbleweed's Form 10-K filed March 16, 2006 and Form 10-Q filed May 10, 2006. Tumbleweed assumes no obligation to update information contained in this press release. Although this release may remain available on Tumbleweed's website or elsewhere, its continued availability does not indicate that Tumbleweed is reaffirming or confirming any of the information contained herein. Gartner MarketScope The MarketScope is copyrighted 2006 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Tumbleweed Communications Corp. Tumbleweed provides security solutions for email protection, file transfers, and identity validation that allow organizations to safely conduct business over the Internet. Tumbleweed offers these solutions in three comprehensive product suites: MailGate(R), SecureTransport(TM), and Validation Authority(TM). MailGate provides protection against spam, viruses, and attacks, and enables policy-based message filtering, encryption, and routing. SecureTransport enables business to safely exchange large files and transactions without proprietary software. Validation Authority is the world-leading solution for determining the validity of digital certificates. Tumbleweed's enterprise and government customers include ABN Amro, Bank of America Securities, Catholic Healthcare West, JP Morgan Chase & Co., The Regence Group (Blue Cross/Blue Shield), St. Luke's Episcopal Healthcare System, the U.S. Food and Drug Administration, the U.S. Department of Defense, and all four branches of the U.S. Armed Forces. Tumbleweed was founded in 1993 and is headquartered in Redwood City, Calif. For additional information about Tumbleweed go to www.tumbleweed.com or call 650-216-2000. Tumbleweed, the Arrows logo, MailGate, SecureTransport and Validation Authority are either registered trademarks or trademarks of Tumbleweed Communications Corp. in the United States and/or other countries. All other trademarks are the property of their respective owners.
Tumbleweed Communications Corp (MM) (NASDAQ:TMWD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Tumbleweed Communications Corp (MM) Charts.
Tumbleweed Communications Corp (MM) (NASDAQ:TMWD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Tumbleweed Communications Corp (MM) Charts.