Palo Alto Networks Named a TiE50 Award Winner out of Approximately 1200 Nominated Companies

Entrepreneur and Professional Communities Vote for Palo Alto Networks as a
Winner for its Leadership in Innovation, Ingenuity and Management Excellence
LAS VEGAS--(Business Wire)--
Palo Alto Networks, the leader in next-generation firewalls, today announced
that it has been named a TiE50 Award winner for its leadership in innovation,
ingenuity and management excellence. The TiE50 Award was presented by TiE at
TiEcon 2009 this past weekend to the top 50 start-ups selected from
approximately 1,200 nominees.

"All of this year`s winners embraced TiE`s message of the bold entrepreneur,"
said Mateen Syed, TiE50 Chair. "The judges were impressed by the quality of
ideas and execution across each vertical segment. These 50 companies represent
the finest in entrepreneurship and serve as role models, encouraging and
inspiring emerging start-ups to succeed as bold entrepreneurs stimulating the
economy."

Palo Alto is demonstrating its latest next-generation firewalls in Booth #427 at
Interop Las Vegas 2009, being held this week at the Mandalay Bay Convention
Center.

Honored with this recognition by entrepreneurs, executives and business
professionals, TiE50 Award winners are diverse in size, progress, maturity and
location. According to TiE, they share a common thread of innovation, ingenuity,
strong management teams and overall quality of ideas.

The TiE 50 judging process was designed with meticulous planning, screening and
judging by more than 40 prominent entrepreneurs, venture capitalists, corporate
executives and other domain experts. TiE is also pleased to acknowledge the
nominee companies, and those who publicly voted from around the world,
ultimately selecting the 50 winners from the group of finalists. TiE50 winners
presented their companies in a live showcase at TiEcon 2009 on May 15 - 16 in
Santa Clara, Calif.

"TiE is a respected, growing global organization, and we are pleased to receive
this honor from them," said Palo Alto Networks CEO Lane Bess. "This award is
especially gratifying since we received it as a result of the industry voting
for Palo Alto Networks as one of today`s hottest companies. The company
continues to see accelerated customer acquisition and industry validation due to
its unique approach in innovating firewall technology to best secure enterprise
networks."

About TiECon2009 and TiE50

TiEcon 2009 is two action-packed days of rich dialogue, networking and deal
making with thousands of entrepreneurs, venture capitalists, industry
executives, and thought leaders. TiEcon 2009 is themed "The BOLD Entrepreneur,"
focusing on dynamic individuals who are able to adapt to changing conditions and
create their own future despite downturns and uncertainties.

TiE is a global organization dedicated to fostering entrepreneurs across its
international network sponsored by top venture capital firms and Fortune 500
corporations. TiE is spread across 53 chapters in 12 countries comprising of
1,800 experienced entrepreneurs and business executives as charter members,
12,000 aspiring entrepreneurs, and professionals as members.

About Interop

Interop drives the adoption of technology, providing knowledge and insight to
help IT and corporate decision-makers achieve business success. Part of
TechWeb's family of global brands, Interop is the leading business technology
event series. Through in-depth educational programs, workshops, real-world
demonstrations and live technology implementations in its unique Interop Net
program, Interop provides the forum for the most powerful innovations and
solutions the industry has to offer. For more information about these events
visit www.interop.com.

About Palo Alto Networks

Palo Alto Networks is the leader in next-generation firewalls, enabling
unprecedented visibility and granular policy control of applications and content
- by user, not just IP address - at up to 10Gbps with no performance
degradation. Based on patent-pending App-ID technology, Palo Alto Networks
firewalls accurately identify and control applications - regardless of port,
protocol, evasive tactic or SSL encryption - and scan content to stop threats
and prevent data leakage. Enterprises can for the first time embrace Web 2.0 and
maintain complete visibility and control, while significantly reducing total
cost of ownership through device consolidation. For more information, please
visit www.paloaltonetworks.com.

Palo Alto Networks, the Palo Alto Networks Logo and App-ID are trademarks of
Palo Alto Networks, Inc. in the United States. All other trademarks, trade names
or service marks used or mentioned herein belong to their respective owners.

Spalding Communications, LLC
Dan Spalding, 408-960-9297
dan@spaldingcomm.com
or
CHEN PR
Meghan Rozanski, 781-672-3128
mrozanski@chenpr.com

Copyright Business Wire 2009