Hifn Assault on Broadband Market Continues With Faster Security Processor, Core Licensing

"As the first provider of broadband hardware security, Hifn foresees the evolving broadband market requiring further integration of high-performance security solutions," says Farshad Zarghami, [Hifn] director of the broadband business line. "By offering broadband security processors w...

Full description

Saved in:
Bibliographic Details
Published inPR Newswire p. 1
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 16.01.2001
Subjects
Algorithms
Alliances
Data encryption
Internet
Licenses
Manufacturers
Modems
Multimedia communications
Network security
Product development
Public Key Infrastructure
Software
California
Online AccessGet full text

Cover

More Information
Summary:"As the first provider of broadband hardware security, Hifn foresees the evolving broadband market requiring further integration of high-performance security solutions," says Farshad Zarghami, [Hifn] director of the broadband business line. "By offering broadband security processors with the best price performance ratio -- like the 7902 -- while also licensing it as an IP core, we enable our customers to be more competitive in what is rapidly turning into a commodity market." Hifn was founded in 1996 and is traded on the Nasdaq Stock Exchange under the HIFN symbol. For more information, contact: Hifn, 750 University Avenue, Los Gatos, CA 95032. Phone: 408-399-3500. Fax: 408-399-3501. Web: http://www.hifn.com . This press release contains forward-looking statements regarding the Company's financial performance. These forward-looking statements are subject to the risks set forth below and actual results could vary. The specific risks include: dependency on a small number of customers, customer demand and customer ordering patterns. Orders from Hifn's customers may be below the company's current expectations. Additional risks include: risks associated with the success of Hifn's ongoing technology development efforts; Hifn's ability to successfully integrate new technology into products in a cost-effective manner; the timing of Hifn's new product introductions; intense competition in the network and storage equipment industries; and the significant uncertainty of market acceptance of Hifn's new products. These and other risks are detailed from time to time in Hifn's SEC reports as well as in Hifn's registrations statement on Form S-3. Hifn undertakes no duty to update these disclosures.