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Crossbeam Receives 2004 Customer Value Enchantment Award

July 15, 2004 - Concord, MA

Crossbeam Systems®, Inc., a leading global developer of total security solutions required for safer, simpler networks, today announced that Frost & Sullivan has recognized Crossbeam with the 2004 Customer Value Enhancement Award for the Security Technologies Industry. Crossbeam was selected over competing vendors as the security technology company that best demonstrated an ability to expand its customer base with innovative products and value creation strategies.

Crossbeam received the award for its X-Series and C-Series lines of high performance security services switches that enable customers to run multiple best of breed security applications -- firewall/VPN, intrusion prevention and protection, content security and Web filtering -- from leading security companies, including Check Point, ISS, Aladdin, Trend Micro, Websense and Secure Computing. Crossbeam's patent-pending architecture offers customers improved security and a lower total cost of ownership as equipment and ongoing maintenance costs are reduced through the simplicity of deploying a single security device.

“Crossbeam has uniquely positioned itself to capitalize on the growing high-end security market by offering high performance, low maintenance security platforms that provide customers with an integrated security solution at a lower total cost of ownership,” said Jason Wright, security technologies program leader for Frost & Sullivan. “In a slightly saturated market, Crossbeam has risen above the competition and its diverse installed base and customer momentum are indications of an up and comer in the security space.”

Frost & Sullivan recognizes outstanding industry achievements by presenting Frost & Sullivan Awards to top companies in regional and global markets. The company's teams of industry experts recognize the diligence and innovation required to implement a successful business plan and excel in the increasingly competitive global marketplace. These prestigious awards are recognized worldwide by the media, the investment community and end-user markets.

“Customers keep selecting Crossbeam over competitors like Cisco and Nokia because of the unique value we deliver – high performance, multi-application security solutions – and this award provides significant industry validation of that competitive differentiation,” said Peter George, president and CEO of Crossbeam Systems. “With more than 200 enterprise and service provider customers worldwide, Crossbeam will continue to develop superior products and remain unwavering in its dedication to both current and future customers.”