Menu
Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Websense Leads in Web Security, Anticipates Continued Gains in 2009

Leading Market Research Firms, Gartner, IDC and Others Confirm Websense Market Share Leadership; Multiple Business Opportunities, Including New Product Introductions, Support Growth Potential of at Least 10 Percent for 2009; Company Confirms 2008 Fiscal Guidance
  • 17 September, 2008 15:47

<p>Sydney, 17 September 2008 - Websense, Inc. (NASDAQ: WBSN), continues to lead the growing global Web security market, according to recently issued industry analyst reports and comments. Specifically,</p>
<p>- Gartner says that Websense is the leader in the secure Web gateway market with 34 percent market share.(1)</p>
<p>- IDC again named Websense the global leader in the overall Web security market with 20 percent share of the US$1.4 billion dollar market in 2007 - more than the next two vendors combined. IDC combines Web security software, hosted services and appliance segments to determine overall Web security market share. In Web security software specifically, Websense had 25 percent market share.(2)</p>
<p>- Infonetics Research recently reported that "Websense, which acquired SurfControl in 2007, leads the worldwide content security gateway software market, as well as the overall content security gateway market."(3)</p>
<p>- Radicati Group, Inc. named Websense the top player in the corporate Web security market.(4)</p>
<p>"As both the market share and innovation leader in this space, Websense is defining new standards in Web security effectiveness, manageability and usability for Web security solutions," said Gene Hodges, chief executive officer, Websense. "Powered by the technology and methodologies of our ThreatSeeker™ Network, our new Web Security Gateway will offer the industry's only dynamic categorisation of Web 2.0 content, as well as real-time scanning for malicious code and prevention of outbound data loss."</p>
<p>"Our investments in Web security research and product development keep our customers ahead of the threat environment with superior protection from Web-based viruses, spyware, keyloggers and other malware, as well as inappropriate Web content. We deliver value every day, and this is the reason they renew their subscriptions year after year," continued Hodges. "As we have added data loss prevention solutions and anti-spam and hosted solutions to our portfolio, we have strengthened our ability to protect customers from attacks on their data from both external and internal sources. This expanded offering, which delivers on the promise of 'essential information protection,' creates a significant cross-selling opportunity for us within our base of more than 50,000 customers."</p>
<p>Multiple Business Opportunities to Drive 2009 Growth</p>
<p>The company has identified strategic growth opportunities within each of its primary product segments with the combined potential to drive billings growth of at least 10 percent in 2009. Specifically in:</p>
<p>Web Security</p>
<p>- The upgrade of the global customer base to the Websense Web Security Gateway to provide real-time protection from Web 2.0 threats;</p>
<p>- Continued international expansion, especially in emerging markets such as Asia, Latin America, the Middle East and Africa;</p>
<p>- Delivery of on-demand Web security for small and medium sized businesses (SMBs) who are attracted to the platform's management and deployment simplicity and large distributed enterprises who are interested in these services to protect their mobile workforce;</p>
<p>- The upgrade of the SurfControl installed base to all levels of the Websense Web security offering;</p>
<p>- Growth in sales of Websense Express, the entry-level on-premise Web security solution designed for SMBs.</p>
<p>Data Loss Prevention (DLP)</p>
<p>- Cross-selling the award-winning Websense data security solution into the Websense installed base of more than 50,000 customers, as well as sales to new customers;</p>
<p>- Upgrading DLP customers using the monitoring and discovery modules to the full policy enforcement capabilities of Websense Data Security Suite;</p>
<p>- Sales of the new endpoint DLP solution to existing and new customers.</p>
<p>Email Security</p>
<p>- Sales of Websense Hosted Email Security to large distributed enterprises and SMBs;</p>
<p>- Cross-selling of on-premise email security to medium-sized organisations.</p>
<p>Additionally, management confirms the 2008 outlook, most recently updated on July 28, 2008.</p>
<p>2008 Outlook (as of 9/15/08 in US dollars)</p>
<p>Billings $345 - 355 million</p>
<p>GAAP revenue $290 - 295 million</p>
<p>Non-GAAP revenue $340 - 345 million</p>
<p>Non-GAAP earnings per diluted share $1.30 - 1.35</p>
<p>About Websense, Inc.</p>
<p>Websense, Inc. (NASDAQ: WBSN), a global leader in integrated Web, email and data security solutions, provides Essential Information Protection™ for more than 42 million employees at more than 50,000 organisations worldwide. Distributed through its global network of channel partners, Websense software and hosted security solutions help organisations block malicious code, prevent the loss of confidential information and enforce Internet use and security policies. For more information, visit www.websense.com.</p>
<p>Websense and Websense Enterprise are registered trademarks of Websense, Inc. in the United States and certain international markets. Websense has numerous other unregistered trademarks in the United States and internationally. All other trademarks are the property of their respective owners.</p>
<p>This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialise or prove correct, could cause Websense's results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding future product offerings; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, risks relating to execution of growth initiatives, customer acceptance of the company's services, products and fee structures; the success of Websense's brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company's products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense's public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.</p>
<p>(1) http://www.itworldcanada.com/a/News/39243e1e-5501-4304-88c8-87d39874b480.html, September 11, 2008</p>
<p>(2) Worldwide Web Security 2008-2012 Forecast and 2007 Vendor Shares" (Excerpt from IDC #213700, August 2008)</p>
<p>(3) http://www.marketwire.com/press-release/Infonetics-Research-898692.html, September 10, 2008</p>
<p>(4) http://investor.websense.com/releasedetail.cfm?ReleaseID=321767, September 11, 2008</p>

Most Popular
Computerworld
ARN
Techworld
CMO