Cyberguard (NASDAQ:CGFW)
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From Jun 2019 to Jun 2024
CyberGuard(R) Corporation (NASDAQ:CGFW), a global
provider of security solutions that protect the business-critical
information assets of Global 2000 enterprises and government
organizations, today announced that its shareholders have approved the
Company's acquisition by Secure Computing Corporation of San Jose,
California. Approval was given at a special shareholders' meeting held
in Deerfield Beach, FL earlier today. Secure Computing had announced
its intention to acquire CyberGuard on August 18, 2005.
Richard L. Scott, CyberGuard board member and largest shareholder
said, "When I initially made my investments in CyberGuard, I felt
CyberGuard had superior products in the firewall industry. What was
accomplished over the last 5 years is a testament to the management
team we put in place and their commitment and focus. Their acquisition
of technology and vision for combining these technologies, we believe,
will be a significant benefit to all of the combined shareholders of
CyberGuard and Secure Computing. I am very proud of what has been
accomplished and the team that have been acquired by Secure
Computing." Mr. Scott will join Secure Computing's Board of Directors
following the close of the transaction.
About CyberGuard Corporation
CyberGuard Corporation (NASDAQ:CGFW) is a global provider of
security solutions that protect business-critical information assets
at Global 2,000 organizations and government entities. The company's
firewall/VPN, TSP(TM), Global Command Center(TM) and Webwasher(R)
product suites comprise a comprehensive, integrated security system,
which offers highly adaptive, scalable solutions that intelligently
guard against network intrusion and content-based vulnerabilities,
detecting and eliminating security threats in real-time for
performance optimization. CyberGuard has deployed more than
250,000 products in organizations around the world to maintain the
health and integrity of their enterprises. Headquartered near
Boca Raton, Florida, the company has branch offices and training
centers around the globe and can be located on the World Wide Web at
http://www.CyberGuard.com.
Forward-Looking Statement
This press release contains forward-looking statements that
involve certain risks, uncertainties and factors, including without
limitation, those described in the Company's filings with the
Securities and Exchange Commission that may cause the Company's future
actual results to materially differ from the Company's current
expectations. The Company assumes no obligation to update any
forward-looking statements.
CyberGuard(R) and Webwasher(R) are registered trademarks. All
other trademarks are property of their respective owners.