Proofpoint, Inc. Acquires SaaS Email Archiving Vendor Fortiva, Inc.

Tue Jun 24, 2008 8:30am EDT

* Reuters is not responsible for the content in this press release.

Proofpoint Extends Leadership in Email Security and Management by Adding
On-demand Email Archiving to its Suite of Email and Data Security Solutions

SUNNYVALE, Calif., June 24 /PRNewswire/ -- Proofpoint, Inc., the leading
provider of unified email security and data loss prevention solutions, today
announced that it has acquired Fortiva, Inc., a leading provider of on-demand
email archiving solutions for legal discovery, regulatory compliance and email
storage management. The acquisition strengthens Proofpoint's position as a
leading vendor of SaaS (Software-as-a-Service) and hybrid solutions for email
security, data loss prevention and email archiving.
    Fortiva provides an on-demand email archiving solution that addresses
three key challenges -- email storage management, legal discovery and
regulatory compliance -- without the headaches of managing an archive
in-house. As a Software as a Service (SaaS) solution, the Fortiva Archiving
Suite(TM) can be up and running in days, with minimal upfront capital costs
and planning requirements. The Fortiva solution uses an innovative hybrid
deployment model that delivers the cost advantages of SaaS with the guaranteed
security of on premises appliance.
    Fortiva's archiving solution becomes the latest addition to Proofpoint's
growing family of SaaS and hybrid solutions. Proofpoint's flagship SaaS
solution, Proofpoint on Demand(TM), delivers Proofpoint's industry-leading
messaging security features-including anti-spam, anti-virus, email policy
enforcement, data loss prevention and policy-based encryption capabilities --
as a cost-effective, easy-to-adopt and easy-to-manage on-demand service.
    "Our customers look to Proofpoint to help them manage, protect and enable
their corporate email. Secure, easy-to-use email archiving is one of the most
frequently-requested features from our global customer base," said Gary
Steele, CEO of Proofpoint, Inc. "Fortiva's email archiving solution is the
most advanced, secure, easy-to-deploy and cost-effective solution in the
market today and we're excited to have Fortiva's team and technology as part
of Proofpoint. Fortiva's on-demand solution is a natural extension to
Proofpoint's email security platform, so nearly all of our customers can
deploy and benefit from Fortiva immediately."
    All Fortiva products and services continue to be available with no
disruptions in service for current Fortiva customers and channel partners.
Development and support for the Fortiva Archiving Suite will continue to be
based out of Fortiva's Canadian headquarters in Toronto, Ontario. The solution
is primarily sold through channel partners, including Microsoft Online
Services and MessageLabs.
    "Joining forces with a leading enterprise email vendor like Proofpoint is
a win-win situation for Fortiva and our customers," said Chris Tebo, CTO of
Fortiva. "Our shared focus on customer satisfaction, leading-edge technology
and innovative deployment models makes this a perfect fit. Becoming part of
the Proofpoint team greatly extends Fortiva's global reach and visibility in
the market."
    Industry analysts have acknowledged email archiving as a "must have"
component of today's enterprise email infrastructures, noting that enterprise
needs for record retention, electronic discovery and improving mailbox
management have resulted in rapid growth for the email archiving market.
    "Our research shows that the vast majority of enterprise IT organizations
have been required to search through backups to retrieve one or more email
messages in the past 3 years. Companies of all sizes should be archiving
email, so they are prepared to meet the legal discovery, supervisory and
retention requirements that impact them," said Michael Osterman, president of
Osterman Research. "On demand email archiving services are ideal for
organizations that want to quickly deploy a solution without large upfront
investments of capital or internal IT resources."
    As just one example of the forces driving rapid growth in the email
archiving market, email is an increasingly common target in legal discovery.
Recent research by Proofpoint (http://www.proofpoint.com/outbound) revealed
that nearly a quarter of large U.S. enterprises were ordered by a court or
regulatory body to produce employee email in the past 12 months. Changes to
the Federal Rules of Civil Procedure (FRCP) mandate that these electronic
communications need to be produced in a timely manner and place a burden on
businesses to retain all of their electronically-stored information (ESI) --
including email-for litigation and regulatory purposes.
    While data loss prevention features -- such as the content monitoring,
filtering and encryption features provided by Proofpoint's appliance, virtual
appliance and on-demand services -- can help enforce email policies and
mitigate many of the legal, financial and regulatory risks associated with
outbound email, the high-performance, on-demand archiving solution provided by
Fortiva delivers additional benefits, including:
    -- Instant legal discovery: Companies can retrieve all relevant messages
in seconds from a secure archive.
    -- Worry-free email retention: Retention policies are easy to configure
and automatically enforced.
    -- Simplified email storage management: End users benefit from a virtually
unlimited email inbox with instant access to archived messages -- right within
Microsoft Outlook. At the same time, Exchange performance is greatly enhanced
by reducing the size of Exchange's message store.
    -- Guaranteed data security: Unique DoubleBlind Encryption(TM) guarantees
the security of each customer's data, ensuring that no one outside the
organization can access archived data. Messages are encrypted before being
sent outside the customer firewall over a secure connection and are stored in
encrypted form in the archive.
    Proofpoint Email Archiving(TM) -- the Proofpoint-branded version of
Fortiva's archiving solution -- is available immediately through Proofpoint
and its global network of channel partners. The solution is ideal for any
company running Microsoft Exchange 2000, 2003 or 2007 with Active Directory
Server. To learn more, or to request a free demonstration, please visit:
http://www.proofpoint.com/archiving
    About Fortiva, Inc.
    Fortiva is a leading provider of on-demand email archiving solutions for
Microsoft Exchange, providing storage reduction, legal discovery and
regulatory compliance. With a global data center presence, Fortiva delivers
its enterprise-grade solutions through a strong network of strategic
partnerships, including Microsoft Online Services, MessageLabs, Bell Canada,
and Mercury Technologies. Fortiva is a privately-owned company, with
investment from Cargill Ventures, Ventures West and McLean Watson Capital. For
more information, visit http://www.fortiva.com.
    About Proofpoint, Inc.
    Proofpoint provides unified email security, data loss prevention and email
archiving solutions that help enterprises, universities, government
organizations and ISPs defend against spam and viruses, prevent leaks of
confidential and private information, encrypt sensitive emails and comply with
regulations that affect email use. Proofpoint's products are controlled by a
single management and policy console and are powered by Proofpoint MLX(TM)
technology, an advanced machine learning system developed by Proofpoint
scientists and engineers. Proofpoint solutions can be deployed in hosted
service, hardware appliance, virtual appliance, software and hybrid models,
for maximum flexibility and scalability. For more information, please visit
http://www.proofpoint.com.
    Proofpoint, Proofpoint on Demand, Proofpoint Messaging Security Gateway,
Proofpoint Email Archiving and DoubleBlind Encryption are trademarks or
registered trademarks Proofpoint, Inc. All other trademarks contained herein
are the property of their respective owners.
SOURCE  Proofpoint, Inc.

Andy Murphy of Davies Murphy Group, Inc., +1-781-418-2408, pr@proofpoint.com,
for Proofpoint, Inc.; or Marty Tacktill of Proofpoint, Inc., +1-408-850-4110,
mtacktill@proofpoint.com
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