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16th September 2004 - StreamShield NetworksÔ
is launched today as a new company within the Detica
Group. StreamShields products and technology are
a global first, allowing service providers, carriers
and mobile operators to offer clean and safe internet
services, for both email and real-time internet applications,
to their residential and business customers. Threats
from viruses, worms, other forms of malware, spam, phishing
scams, and offensive content are removed in the internet
before the content is safely delivered to subscribers.
According to recent research by MORI, 58% of internet
users look to their ISP to stop viruses, spam and offensive
content, with 54% willing to pay $3 (£2) or more
per month for a clean internet service on top of their
standard internet access fees. Additionally, two thirds
of internet users said they would switch service provider
if an alternative offered such a service.
StreamShields Content Security Gateway (CSG)
is a network-based hardware product that provides integrated
protection at multi-gigabit speeds for email and real-time
applications such as web browsing, file sharing and
instant messaging. This carrier-class product is optimized
for the most demanding network environments through
a unique, patent-pending, silicon-based scanning engine
called StreamScanÔ.
StreamScan overcomes the performance and scalability
limitations of current software and network appliance
technologies (which are designed for customer premises
rather than deployment in the internet) through a massively
parallel silicon architecture that can identify and
block multiple threats simultaneously. A single StreamScan
engine is designed to scan up to 5,000 emails a second
for both viruses and spam (over 400 million emails a
day) as well as filter 250,000 web page requests a second
- hundreds of times faster than current generation technologies.
StreamShield Networks is born out of advanced high-speed
communications research work undertaken within Detica,
and the Detica Group continues to fund the business.
The companys management team is led by Founder
and CEO Simon Gawne, along with CTO Jon Curnyn. The
board is chaired by Tom Black (CEO of Detica Group plc)
and includes non-executive director Sir Stephen Lander
(who is also chair elect of the UKs Serious Organized
Crime Agency).
Jose Lopez, Analyst with Frost and Sullivan, comments:
I believe the migration of content security into
service providers and operators networks,
so that protection is provided as a managed service
to businesses and consumers, is a trend which will fuel
the evolution of the market. The barrier to this happening
so far has been the availability of technology to do
this in real-time, at very high speeds something
which StreamShield Networks is addressing with its new
technology.
Just as water is cleaned by utility companies
and is ready for use straight out of the pipe, so our
mission is to make the internet safe, clean and ready
for use straight out of the broadband pipe, comments
Simon Gawne, Founder and CEO of StreamShield Networks.
Our unique technology creates major opportunities
for service providers and network operators to participate
in a market that grew 24.9% last year and is expected
to exceed $8.6 billion by 2008(1).
Tom Black, Chairman of StreamShield Networks adds:
The content security market is one of the most
dynamic, fast growing markets in the IT industry today,
and the StreamShield proposition brings tremendous benefits
to service providers and operators looking to deliver
secure, high value services to their customers.
The company plans to bring its technology to market
over the coming months. Its first offering, StreamShield
Protector, is also launched today (see announcement
that accompanies this release) as a managed service
for blocking viruses, spam and inappropriate content
in web and email traffic. The companys content
security gateway (CSG) is expected to ship to service
providers, carriers and mobile operators in early 2005.
About StreamShield Networks
StreamShield Networks products and services identify
and block threats such as viruses, worms, other
forms of malware, spam, pornography and inappropriate
content in the internet before the content reaches
any users and harms their computer systems.
The company enables service providers, carriers and
mobile operators to offer clean and safe internet services
to their residential and business customers which can
be tailored to their own individual preferences and
requirements.
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