Symantec Intros New SAAS Platform

CUPERTINO, Calif. -- Symantec Corp. (Nasdaq: SYMC) today announced Symantec Protection Network, a software as a service (SaaS) platform designed to deliver easy-to-use security and availability offerings to small and mid-sized businesses at a price they can afford. The first SaaS offering from Symantec, Symantec Protection Network - Online Backup Service will enable cost-effective, reliable backup and restoration of business-critical data from the convenience of a web browser. Today marks the beta launch of Symantec Protection Network - Online Backup Service, scheduled to become available later this year.

Companies of all sizes are increasingly reliant on information and technology considered critical in running their business. Organizations that do not protect their IT infrastructure put their business at risk by being unable to retrieve data in the event of system downtime or major catastrophic incident, failing to comply with industry and governmentregulations, and jeopardizing productivity. Symantec Protection Networkwill deliver proven technologies based upon Symantec's market-leading offerings that will allow customers to address their total IT infrastructure needs. Designed specifically for small and mid-sized businesses, these services will be cost-effective and easy-to-use and manage-from signup to use-based pricing, setup and configuration.

"Small and mid-sized businesses require the same high levels of service reliability and data security as their enterprise counterparts," said Arthur Wong, senior vice president, Symantec Security Response and Managed Security Services. "Until now, however, many small and mid-sized businesses have not had the ability to get the reliable and secure service they need due to cost and lack of resources. Building on our reputation as a trusted IT solution provider, Symantec is dedicated to removing these barriers and delivering the secure, proven technology these organizations demand in a highly economical online business model."

Symantec is committed to working with its channel partner network to add greater value in delivering a portfolio of offerings online. Symantec's large ecosystem of channel partners will also enable businesses to work with the Symantec partner of their choice and take advantage of customizedservice offerings to meet business requirements as they evolve. Businessesalso have the option of subscribing to the service directly with Symantec through the web and can manage and monitor their service from any Internet connection.

"The Symantec Protection Network offers us, as a Symantec reseller, the capability to provide our customers with custom-managed solutions," said Geoff Sinn, vice president, Managed Services, Strategic Technologies, "By leveraging Symantec's offerings together with our own expertise and services, we have a unique opportunity to expand our business model and deliver a new level of IT infrastructure management to our customer base."

Symantec Corp. (Nasdaq: SYMC)