Copenhagen Infrastructure Partners and Ignitis Renewables win second Estonian offshore wind tender

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million

COPENHAGEN, Denmark, Jan. 17, 2024 (GLOBE NEWSWIRE) — Having previously won the Liivi 2 site in Estonia’s first offshore wind tender held in December 2023, CIP, the world’s largest fund manager within greenfield renewable energy investments, and international green energy company Ignitis Renewables see the adjacent site of Liivi 1 as a natural extension of the seabed area. This will allow for greater synergy and optimisation in developing the sites as a single offshore wind project.

The maritime area of both sites is in the Gulf of Riga, northwest of Ruhnu Island and near Estonia’s Baltic Sea coast, covering approximately 193 square kilometres. The project, to be developed on the two sites combined, is expected to become operational post 2030, subject to obtaining the relevant permits, contracting suppliers, and securing financing.

CIP and Ignitis Renewables have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages CIP’s global offshore wind expertise and Ignitis Renewables’ leading market position in the Baltic region.

Having now secured both the Liivi 1 and Liivi 2 sea areas, CIP and Ignitis Renewables have a strategic position to optimise the scale and potential of the sites, representing a key investment in Estonia’s transformation into a sustainable, long-term green energy hub in Europe.

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages 12 funds and has to date raised approximately EUR 26 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 500 employees and 12 offices around the world. For more information, visit www.cip.com

About Ignitis Renewables

Ignitis Renewables is an international green energy company operating in the three Baltic states and Poland. Its objective is to develop a low-carbon electricity generation portfolio with a focus on offshore wind, onshore hybrid, Power-to-X and storage technologies. By developing new projects, the company is implementing the strategic goal of Ignitis Group to enable green and flexible capacity build-out and to deliver 4–5 GW of installed green generation capacities by 2030.

For further information, please contact:

Oliver Routhe Skov, Head of Media Relations, CIP
Phone: +45 30541227
Email: orsk@cip.com

Thomas Kønig, Partner – Investor Relations, CIP
Phone: +45 7070 5151
Email: tkon@cip.com

Paulius Kalmantas, Ignitis Renewables
Communications Partner
Mobile: +370 617 51616
Email: paulius.kalmantas@ignitis.lt

GlobeNewswire Distribution ID 1000909158

IVECO BUS wins its largest zero-emission vehicle contract in Italy with more than 400 electric buses for Rome

IVECO_BUS_E-WAY_18_ ATAC_Rome

The IVECO BUS electric bus E-WAY 18 meters for ATAC Rome

IVECO BUS wins its largest zero-emission vehicle contract in Italy with more than 400 electric buses for Rome

Turin, 17th January 2024. IVECO BUS, the urban, intercity and tourist bus brand of Iveco Group (EXM: IVG) has won its largest electric bus contract in Italy to date for the supply of 411 battery electric vehicles to ATAC S.p.A.- Azienda per la mobilità, the public transport company of Italy’s capital city.

The contract, signed today, is worth more than 300 million euros and is part of ATAC’s strategic plan to offer increasingly sustainable, efficient and accessible mobility. The tender comprises not only the new electric buses, measuring either 12 or 18 metres in length, but also a 10-year full-service maintenance plan for each.

The first deliveries are expected by the end of 2024 and all the remaining buses are to be delivered by mid-2026. This important investment demonstrates Rome’s reliance on IVECO BUS to provide viable solutions as one of ATAC’s trusted suppliers.

Domenico Nucera, President, Bus Business Unit, Iveco Group, stated: “We are extremely proud to be a key contributor to Rome’s transition towards greener and more efficient mobility. Our increasingly strong offering in the field of electric passenger transport is being recognised across the entire Italian market, and internationally as well, confirming our position as a leading partner. Extending this to the capital of Italy, the ‘Eternal City’, is a fitting way to begin 2024, after closing a very satisfying year in terms of orders for IVECO BUS.”

Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Media Contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007
E-mail: mediarelations@ivecogroup.com

Investor Relations:
Federico Donati, Tel: +39 011 0073539
E-mail: investor.relations@ivecogroup.com

Attachment

GlobeNewswire Distribution ID 1000909144

Revolutionizing Drug Development: Novigenix Unveils AI-Powered RNA Analysis for Immune Response Profiling

GENEVA, SWITZERLAND / ACCESSWIRE / January 17, 2024 / With cancer projected to escalate to 29 million cases by 2040[1], Novigenix, a pioneer in AI healthcare solutions, is rewriting the rules of cancer care. Their newest innovation, LITOSeek™, is primed to reshape drug development, offering a transformative leap forward.

From left: Dr. Brian Hashemi, Novigenix’s CEO and Chairman, Dr. Sahar Hosseinian, Co-founder & CTO, and Dr. Pedro Romero, Chief Medical & Scientific Officer

Personalized Cancer Treatment: Breaking Barriers

Every cancer is as unique as the person it affects. Tumors are in continuous dynamic interplay with the patient’s immune defenses and are adept at subverting and escaping immune control. Novigenix is on a mission to improve the cancer treatment landscape, leveraging advanced AI and RNA analysis from a routine blood draw to provide more precise insights into patient immune responses to cancer treatments, compared to conventional DNA liquid biopsies that evaluate tumor evolution through circulating tumor DNA (ctDNA). Insights into the precise dynamic of patient immune response thus pave the way for superior therapeutic discoveries in the field.

Empowering Biopharma: Unveiling LITOSeek™ at Precision Medicine World Conference

On January 24th at the Precision Medicine World Conference in Silicon Valley, Novigenix will debut LITOSeek™, a groundbreaking solution designed to expedite drug development for biopharma companies.

AI and RNA Analysis: Pioneering Healthcare Transformation

With a decade-long track record, Novigenix successfully launched Colox® blood test in Switzerland, powered by AI and RNA analysis to detect early-stage colon cancer, marking a significant departure from invasive colonoscopy procedures. By aggregating data from diverse colon cancer patients, Novigenix identified immune system biomarkers crucial for early-stage detection, enhancing treatment outcomes.

Dr. Brian Hashemi, Novigenix’s CEO and Chairman, emphasized, "Our experience with Colox® underscores the potential of AI RNA analysis. Ongoing studies across various cancer types have fuelled our Knowledge Base to uncover comprehensive sets of biomarkers via liquid biopsy and AI RNA analysis. Our validated immunotherapy response biomarkers provide early prediction of patient response and we invite biopharma companies to leverage our platform for more efficient and effective drug development."

Professor Pedro Romero, M.D. Chief Medical & Scientific Officer of Novigenix, and Founding Chief Editor of the Journal of Immunotherapy of Cancer, highlights the importance of patient immune response in the development of novel therapies: "AI RNA analysis is poised to revolutionize healthcare, accelerating conventional experimental drug development with data-driven precision immune response prediction. By swiftly analyzing systemic immune responses, AI compresses analysis times, expediting traditional drug development and powering discovery of novel therapy targets."

A Team Dedicated to the Future of Cancer Care

With over 20 Ph.D.-level scientists focused on the development of the LITOSeek™ platform and advancing next-generation liquid biopsy solutions, Novigenix is pioneering precision immunology to help transform cancer treatment paradigms for better patient outcomes.

#Ends#

[1] https://canceratlas.cancer.org/the-burden/the-burden-of-cancer/

Contact Information

Edwin Shankar
edwin.shankar@leidar.com

SOURCE: Novigenix

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View the original press release on newswire.com.

Teledyne e2v announces next generation high-performance CMOS image sensors for extreme low light conditions

Teledyne e2v’s OnyxMax CMOS sensor

The new OnyxMax can detect small objects in harsh conditions

GRENOBLE, France, Jan. 16, 2024 (GLOBE NEWSWIRE) —  Teledyne e2v, a Teledyne Technologies company and global innovator of imaging solutions, announces OnyxMax™, the next generation of its popular Onyx 1.3M low light CMOS image sensor. This new sensor has been designed for extremely low light conditions, down to 1 mLux. The combination of sensitivity and image resolution increases its range, allowing even small objects to be detected in harsh conditions. This makes OnyxMax ideal for a wide range of applications including science, defense, traffic cameras, broadcast, surveillance, border control and astronomy.

OnyxMax features 1.3 Megapixels (1,280 x 1,024) and is available in monochrome, as standard, and with CFA arrangements available on request. It has a 10 x 10 µm pixel, designed with Teledyne’s new cutting edge HiRho™ proprietary technology, which enables outstanding Near Infrared (NIR) sensitivity and spatial resolution with Quantum Efficiency (QE) of 58% and MTF of 63% at 850nm wavelength. OnyxMax also provides an SNR of 10 dB at less than 2 mLux and at 60 frames per second and operates in rolling and global shutter modes, providing 75 dB of linear dynamic range. It also has a patented on-chip HDR mode which is capable of handling scene dynamics up to 100 dB.

Ariane Le Bon, Marketing Manager for Low Noise Imaging, at Teledyne e2v said, “We are very proud to release OnyxMax, which has been specifically designed to deliver high-performance in challenging low light conditions. This sensor performs significantly better than general purpose image sensors that generally lose contrast in the NIR. OnyxMax performs impressively in these conditions and has been very well received by defense, commercial, and scientific markets.”

See a live demo of OnyxMax at SPIE Photonics West, San Francisco, USA, 30 January – 1 February 2024. Visit us on Teledyne booth 327 or contact us online for more information.

Documentation and samples are available now upon request.

About Teledyne e2v

Teledyne e2v innovations lead developments in healthcare, life sciences, space, transportation, defense and security and industrial markets. Teledyne e2v’s unique approach involves listening to the market and application challenges of their customers and partnering with them to provide innovative standard, semi-custom or fully custom imaging solutions, bringing increased value to their systems.

For more information, visit imaging.teledyne-e2v.com.

Teledyne e2v media enquiries contact:
Jessica.Broom@teledyne.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c856b1b7-1029-4b37-b450-35419a571a1a

GlobeNewswire Distribution ID 9017122

Accruent Acquisition of RedEye to Accelerate Strategy with Next-Generation Engineering Document Management System

SaaS acquisition transforms engineering document management with a modern, centralized hub for managing engineering drawings, documents and media securely from any device

Austin, TX, Jan. 16, 2024 (GLOBE NEWSWIRE) — Accruent, the leading provider of workplace and asset management solutions and Fortive company (NYSE: FTV), announced today that it has acquired RedEye, an Australia-based engineering document management company specializing in cloud-native solutions. This acquisition reflects Accruent’s ongoing commitment to providing differentiated, cloud-enabled solutions to drive business productivity.

RedEye’s addition to Accruent’s engineering document management system (EDMS) portfolio, which includes Meridian, provides customers with expanded options for storing and accessing their documents. This acquisition further solidifies Accruent’s leadership in the EDMS space, offering a versatile SaaS solution that enables customers across various industries, whether on-premise or cloud-based, to securely manage their engineering documents, drawings, and media from any device.

The RedEye solution:

  • Expedites drawing discovery with advanced search capabilities, leveraging rich metadata, GIS, and QR codes for instant retrieval;
  • Safeguards intellectual property and data in an ISO 27001 compliant solution;
  • Provides robust API connectivity to seamlessly integrate documents across business systems.

Customers will have access to regional data hosting hubs designed to ensure compliance with privacy and security regulations applicable to their business. The offering is tailor-made for operating and maintaining complex facilities across manufacturing, oil and gas, utilities, mining, and pharmaceutical.

Bill Pollak, President of Accruent, shared, “This acquisition underscores our commitment to delivering industry-leading solutions across our portfolio, with a continued investment in comprehensive solutions across the facility and asset workflow, while further expanding Accruent’s presence in the region. Overall, RedEye’s industry-focused, cloud-native solution, coupled with its strong customer satisfaction, aligns with our investment strategy and long-term objectives.”

About Accruent (accruent.com) Accruent is the world’s leading provider of solutions for unifying the built environment — spanning real estate, physical and digital assets, and the integrated technology systems that connect and control them. Accruent continues to set new expectations for how organizations can use data to transform how they manage their facilities and assets. With headquarters in Austin, Texas, Accruent serves over 5,000 customers in a wide range of industries in more than 100 countries worldwide.

Accruent is a registered trademark, and Meridian is a pending trademark, of Accruent, LLC or its subsidiaries in the United States and other jurisdictions.  ©2023 All Rights Reserved.

Stephanie Leontis
Accruent LLC
michele.bedard@accruent.com

GlobeNewswire Distribution ID 9017358

TIS & Treasury Strategies Announce an Integrated Bank Fee Analysis Solution for Corporate Treasury & Finance

Global Bank Connectivity, Account Management, & Fee Analysis Through a Single Solution

BOSTON, MA / ACCESSWIRE / January 16, 2024 / Today, Treasury Intelligence Solutions (TIS) and Treasury Strategies, a division of Curinos, Inc., have announced a new partnership agreement that will see Treasury Strategies’ global bank fee analysis platform integrated with the TIS cloud platform for cashflow, liquidity, and payments. By leveraging the combined solutions of TIS and Treasury Strategies, corporate treasury and finance teams can now gain complete control and visibility over every element of their banking operations through a single structure.

Since 2010, TIS has enabled organizations to connect their entire banking and back-office landscape together through a single platform that streamlines payments and reporting, simplifies bank account management, and provides total visibility over account balances, transaction details, and all associated bank documentation. By adding the capabilities of the Treasury Strategies bank fee analysis solution, TIS clients can now easily monitor bank fees across all their relationships, standardize fee categories for benchmarking purposes, and automatically identify pricing discrepancies on monthly statements. These capabilities unlock a whole new tier of operational efficiency for clients who want to quickly analyze bank fees across all their relationships and account structures, benchmark these costs across each bank relationship, and then compare their fees against what similar companies are charged both domestically and globally.

Given that TIS has integrated over 85,000 client bank accounts with their platform and can connect organizations to 11,000+ global banking options, the Treasury Strategies bank fee analysis solution serves as a natural extension of these core capabilities. According to Jon Paquette, SVP Solutions at TIS, "The TIS and Treasury Strategies integration is the latest example of our commitment to provide businesses of all sizes and industries with top-tier bank connectivity and bank account management services. With Treasury Strategies as our partner, clients can now access an unprecedented range of datasets to help them evaluate and benchmark the costs of their banking operations on a global scale. This will ultimately enable them to more effectively identify inefficiencies, eliminate redundancies, and create a more sustainable, streamlined, and cost-effective banking structure."

This perspective was shared by Peter Serene, Managing Director of Commercial solutions at Curinos, who added, "We’re thrilled to partner with TIS, integrating our advanced bank fee analysis solution, NDepth, into their comprehensive treasury management suite. In today’s evolving bank fee and ECR landscape, NDepth is a critical tool. It’s designed to empower organizations with unparalleled visibility into their financial operations, aligning with TIS’ mission to simplify global payments and cash management. Together, we help organizations assert control over their bank fees, optimize financial processes, and realize substantial savings. This collaboration underscores our commitment to delivering transformative bank fee analysis benefits for treasurers worldwide".

The partnership between TIS and Treasury Strategies is expected to take effect immediately, with both teams working together to develop an enhanced solution offering for clients. For more information about this announcement, refer to the below media contacts.

About Treasury Intelligence Solutions (TIS): TIS helps CFOs, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, our award-winning cloud platform and best-in-class service model have empowered the entire office of the CFO to collaborate more effectively and attain maximum efficiency, automation, and control. With over 11,000 banking options, $80 billion in daily cash managed, and $2.5 trillion in annual transaction volume, TIS has a proven track record of combining our unparalleled market expertise with tailored client and community feedback to drive digital transformation for companies of all sizes and industries. For more information, visit tispayments.com and begin reimagining your approach to global cash flow, liquidity, and payments. For additional information, please visit www.tispayments.com.

About Curinos: Curinos is the leading provider of data, technologies and insights that enable financial institutions to make better, and more profitable, data-driven decisions faster. Curinos brings to market a new level of industry expertise across deposits, lending and digital experience solutions and technologies. Through access to comprehensive datasets and analytics, intelligent technologies and connected behavioral insights, Curinos is the partner of choice to help you attract, retain and grow more profitable customer relationships. For additional information, please visit www.curinos.com.

About Treasury Strategies: Treasury Strategies, a division of Curinos is a leading treasury consultancy working with public and private sector treasury organizations. Our experience and thought leadership in corporate treasury management, banking, risk management, working capital, liquidity and payments, combined with our comprehensive view of the market, rewards our clients with a unique perspective and actionable solutions. For additional information, please visit www.TreasuryStrategies.com.

Contact Information

Jennifer Knutel
SVP Global Marketing
jennifer.knutel@tispayments.com

Brooke Mansfield
Director, Global Marketing
brooke.mansfield@curinos.com

SOURCE: TIS

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View the original press release on newswire.com.

Fortinet Announces the Industry’s First Wi-Fi 7–Enabled Secure Networking Solution

New Wi-Fi 7 access point and 10 Gigabit Power over Ethernet switch unlock 2x faster speeds and increased capacity for Fortinet’s integrated portfolio of secure wired and wireless offerings

SUNNYVALE, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) — Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the industry’s only comprehensive secure networking solution integrated with Wi-Fi 7. Fortinet’s first Wi-Fi 7 access point, FortiAP 441K, delivers increased speed and capacity, and the new FortiSwitch T1024 is purpose-built with 10 Gigabit Ethernet (GE) access and 90W Power over Ethernet (PoE) technology to support Wi-Fi 7 bandwidth requirements. These new devices deliver the cutting-edge wireless performance today’s enterprises need and, as a part of the Fortinet Secure Networking solution, seamlessly integrate with AIOps and FortiGuard AI-Powered Security Services for unmatched security, visibility, and control.

“Fortinet is the only vendor converging networking technology and AI-powered security into a single, holistic solution to connect and protect the wired and wireless LAN,” said John Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet. “With today’s news, we’re putting the latest wireless technology breakthrough into the hands of customers, who can now take advantage of Wi-Fi 7’s increased throughput while keeping their wireless traffic secure and their business efficient.”

Helping customers harness the power of Wi-Fi 7
Enterprises are eager to embrace the increased speed and bandwidth of Wi-Fi 7, the latest generation of wireless technology, to support data-heavy applications and wireless devices in their networks. However, new technologies like Wi-Fi 7 can expand an organization’s attack surface, and legacy security solutions may struggle to inspect and secure the increase in data-rich traffic. In today’s sophisticated, constantly evolving threat landscape, organizations cannot leave gaps in their security posture unchecked. Fortinet’s comprehensive Secure Networking solution supports Wi-Fi 7 while delivering the enterprise-grade protection, AI-powered security, and AIOps automation capabilities customers need to keep their wireless traffic secure.

New AP and switch bring Wi-Fi 7 to the enterprise
The new FortiAP 441K and FortiSwitch T1024 are the latest innovations within the Fortinet Secure Networking solution, which converges networking technologies with AI-powered security across all edges. The FortiAP 441K leverages the Wi-Fi 7 Qualcomm® Networking Pro 1220 Platform from Qualcomm Technologies, Inc., a leading wireless technology innovator at the forefront of the development of Wi-Fi 7, and delivers the following benefits:

  • Up to 2x faster connection speeds: The FortiAP 441K delivers lightning-fast wireless connections that are up to 2x faster for the same configuration.
  • Faster data transfer than ever before: Support for 4096 QAM enables faster data transfer, which is critical for bandwidth-heavy enterprise applications, such as video streaming and collaboration tools.
  • Lower latency: By using 320MHz channels, a single FortiAP 441K can leverage a wider spectrum to improve data speeds and reduce latency to ensure a positive end-user experience.
  • Better load balancing and reduced interference: Flexible channel utilization through preamble puncturing and advanced multi-link operation ensures highly resilient and reliable connections to keep businesses online and productive.

To take full advantage of all the benefits of Wi-Fi 7, organizations must ensure their underlying network infrastructure can accommodate the increased speed and capacity demands. The new FortiSwitch T1024 10 GE access switch with 90W PoE was designed specifically to support new Wi-Fi 7–enabled APs. When customers use the new AP and switch together, they can harness the faster speed, power, and performance of Wi-Fi 7 and ensure an excellent experience for all users and devices.

The industry-leading Fortinet Secure Networking solution
The Fortinet Secure Networking solution is a part of Fortinet’s cybersecurity platform—the Fortinet Security Fabric—and because of this tight integration, organizations can seamlessly converge networking devices with cutting-edge security. This enables customers to use FortiGate Next-Generation Firewalls as wireless controllers to benefit from FortiGuard AI-Powered Security Services like advanced malware protection, sandboxing, and web filtering. Customers can also leverage FortiAIOps, Fortinet’s AI for IT operations tool, to generate real-time insights into potential network issues and automate manual tasks throughout the WAN and LAN. And with the introduction of Wi-Fi 7, the solution delivers all these capabilities with industry-leading wireless speed and capacity.

Supporting Quotes
“Qualcomm Technologies is pleased to continue collaborating closely with Fortinet to pair next-gen Secure Networking solutions with our Qualcomm Networking Pro 1220 platform. The Qualcomm Networking Pro 1220 platform in the FortiAP 441K is designed to set new benchmarks for enterprise networking performance with massive capacity, wire-like stability and blazing fast speeds, pushing the boundaries of what Wi-Fi can do in the modern enterprise.” — Ganesh Swaminathan, Vice President and General Manager, Wireless Infrastructure and Networking, Qualcomm Technologies, Inc.

“We were thrilled to learn that Fortinet was ahead of the curve with a Wi-Fi 7–capable access point. I have designed and installed wireless technology from myriad vendors for more than 20 years, but it wasn’t until the FortiAP 441K that I truly understood all of the networking, security, and spectrum analysis features missing from other vendors. Fortinet takes the technology to an entirely new level and have yet again exponentially exceeded all expectations by delivering world class connectivity, security, diagnostics, and analytics in their latest wireless solution.” – Mike Chase, SVP solutions engineering, AireSpring

“We forecast that in five years, over three-fourths of Enterprise WLAN revenue will come from Wi-Fi 7 access points, driven by demand to make use of the new 6 GHz spectrum. Coincident with the introduction of Wi-Fi 7 availability, we see a trend where organizations will demand that their Wi-Fi infrastructure is very tightly integrated with its security infrastructure. Fortinet is well positioned as one of the first major enterprise vendors to introduce Wi-Fi 7 and has aggressively incorporated security functions to its networking products.” – Chris Depuy, Co-Founder and Technology Analyst, 650 Group

Additional Resources

Qualcomm Networking Pro Series platforms are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Qualcomm is a trademark or registered trademark of Qualcomm Incorporated.

About Fortinet

Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact: Investor Contact: Analyst Contact:
Margaret Reeb Peter Salkowski Brian Greenberg
Fortinet, Inc. Fortinet, Inc. Fortinet, Inc.
408-235-7700 408-331-4595 408-235-7700
pr@fortinet.com psalkowski@fortinet.com analystrelations@fortinet.com


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