The Hague, February 11, 2004 - Eicon Networks Corporation ("Eicon"), a global leader in providing reliable communication products for networked business applications, announced today that it has acquired all of the shares of Mernet Secure Network Inc., the owner of the Shiva business.
"For over a decade the Shiva brand has represented the very best in secure remote access, delivering innovative, award-winning products that are secure, reliable, and easy to use," stated Nick Jensen, President and CEO of Eicon. "We are confident that in the very short term Shiva customers will benefit from enhanced offerings of the existing Shiva LanRover products. Eicon will immediately set out to further improve the products by adding our exceptional customer friendly user interfaces and multilingual applications, documentation and support to service an international market."
"Eicon believes that the acquisition will lead to significant revenue growth," said James Besley, Eicon's Senior Vice President of Sales, Marketing and Support. "The Shiva range of VPN routers provides an immediate revenue stream from an active and growing number of customers. Combine this with Eicon's excellent route to market and we can see a substantial opportunity. For the large installed base of existing Shiva customers, Eicon will introduce exciting new programs for cost savings, support and upgrades."
"We can also see significant synergies with existing Eicon products," said John Porter, Director of Marketing. "Users of our Eiconcard and Diva Server products are looking for enhanced, easy-to-deploy and easy-to-manage security solutions. We will use the Shiva engineering team and software to improve our industry leading product offerings."
About Shiva LanRover
Shiva LanRover Security Gateways provide comprehensive, secure access solutions for businesses of all sizes. Through these reliable, easy-to-use and easy-to-install products businesses are able to use the worldwide presence of the Internet to create secure business communications anywhere. The Shiva LanRover 2105, 3105, 3115 and 3125 are ideal for small, medium and large distributed enterprises delivering high-performance, end-to-end security in a comprehensive system that includes firewall, VPN, IP routing, unrestricted VPN client support and more. This cuts the costs associated with dial-up, leased-line and frame relay connections by using the Internet to provide a secure solution for remote access LAN-to-LAN and Extranet connectivity.
All LanRover Products Feature:
- Complete software suite including VPN/Firewall firmware, VPN Client, and Security Manager
- Choice between interoperable, standard-based IPSec or proven, easy-to-use SST VPN protocols
- Multiple authentication methods
- Stateful Inspection firewall & NAT
- Embedded Web Management
- Dynamic Routing
About Eicon Networks Corporation
Eicon Networks is a world-leading provider of reliable communication products for networked business applications. The company's portfolio includes a full range of products for applications in branch office and PC connectivity, ATM cash machines, financial clearing networks, voice over IP, unified messaging and fax serving. Eicon distributes, markets and supports its products in more than 80 countries through a network of channel partners, telecommunication companies (telcos), Internet Service Providers (ISPs), and original equipment manufacturers (OEMs). Information about Eicon Networks is available at www.eicon.com.
Eicon, Eicon Networks, Diva, Diva Server, Eiconcard, Shiva and LanRover are either registered trademarks or trademarks of Eicon Networks Corporation or its subsidiaries.
Contacts:
Rob Sperrey
Director of Sales Marketing and Support - Northern Europe Eicon Networks
Tel: 070 - 3538 212
Rob.Sperrey@eicon.com
MCS
Renée Reijers
Tel: 023 - 5628208
reneer@monogram.nl