Fortinet Appoints Andrew Del Matto as Chief Financial Officer

Del Matto to Depart Symantec and Join Fortinet January 2

Marketwired

SUNNYVALE, CA--(Marketwired - Dec 20, 2013) - Fortinet® (NASDAQ: FTNT) -- a global leader in high-performance network security -- today announced the appointment of Andrew "Drew" Del Matto as the company's Chief Financial Officer (CFO). 

"Drew brings an impressive skill-set and applicable experience to Fortinet, and we are extremely pleased to have him join us," said Ken Xie, founder and CEO of Fortinet. "Not only is Drew steeped with extensive knowledge of the network security market, he also brings solid financial experience in driving revenue and a proven history of managing growth in a multi-billion dollar enterprise."

Mr. Del Matto most recently served as Symantec's acting Chief Financial Officer as well as Senior Vice President and Chief Accounting Officer. During his nine years at the company, Del Matto also served as Symantec's Corporate Treasurer and Vice President of Finance Business Operations, leading corporate financial planning, analysis and revenue operations. He previously held senior finance leadership roles with Inktomi Corporation and SGI Corporation. Del Matto began his career as a CPA in public accounting with KPMG LLP. 

"Fortinet's customer and product focus, growth trajectory, and velocity in becoming the third largest network security vendor in the world, all combine to make this an exciting time to be at the company," said Mr. Del Matto. "I look forward to working with the Company's leadership team to help drive Fortinet's continued growth and market share gains."

Fortinet is continuing its search for a senior operations executive.

About Fortinet
Fortinet (NASDAQ: FTNT) helps protect networks, users and data from continually evolving threats. As a global leader in high-performance network security, we enable businesses and governments to consolidate and integrate stand-alone technologies without suffering performance penalties. Unlike costly, inflexible and low-performance alternatives, Fortinet solutions empower customers to embrace new technologies and business opportunities while protecting essential systems and content. Learn more at www.fortinet.com.

Copyright © 2013 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiAP, FortiDB, FortiVoice and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties, and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, binding specification or other binding commitment by Fortinet, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding continued growth and market share gains. Although we attempt to be accurate in making forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. Important factors that could cause results to differ materially from the statements herein include the following: general economic risks; specific economic risks in different geographies and among different customer segments, including specific economic risks such as those that may result from the U.S. budget process; uncertainty regarding increased business and renewals from existing customers; uncertainties around continued success in sales growth and market share gains; failure to convert sales pipeline into final sales; risks associated with successful implementation of multiple integrated software products and other product functionality risks; execution risks around new product development and introductions and innovation; customer support challenges; litigation and disputes and the potential cost, distraction and damage to sales and reputation caused thereby; market acceptance of new products and services; the ability to attract and retain personnel and the loss of any key personnel; changes in strategy; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organizations and service providers; technological changes that make our products and services less competitive; risks associated with the adoption of, and demand for, the UTM model in general and by specific customer segments; competition and pricing pressure; and the other risk factors set forth from time to time in our most recent Annual Report on Form 10-K, our most recent Quarterly Report on Form 10-Q and our other filings with the SEC, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from our investor relations department. All forward-looking statements herein reflect our opinions only as of the date of this release, and we undertake no obligation, and expressly disclaim any obligation, to update forward-looking statements herein in light of new information or future events.

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Contact:
Media Contact
Rick Popko
Fortinet, Inc.
408-486-7853
rpopko@fortinet.com

Investor Relations Contact
Michelle Spolver
Fortinet, Inc.
408-486-7837
mspolver@fortinet.com

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