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News

Network Security Award For Syphan

Syphan Technologies : 21 May, 2010  (Company News)
The ITC220 high speed network security appliance from Syphan has picked up the Best Network Security Product prize in the 2010 SC Awards
Syphan Technologies, the UK IT network security specialist is celebrating a major success at the 2010 SC Awards, Europe's leading security industry event. Named Best Network Security Product for its ultra-high speed network security appliance, the ITC220, Syphan was given the award ahead of many of the world's established security companies who were present at last night's awards dinner in London.

Developed in Skipton, Syphan's ultra-high speed security technology provides large global enterprises and public sector organisations with the ability to protect their IT infrastructure and sensitive data without compromising on the performance of the network. This can be a major problem for many organisations that need to transfer large data files across their networks or introduce the latest Internet based telephony systems and is something that current security technologies cannot offer.

Syphan is at the forefront of development in this sector and the ITC220 is the only network security appliance that is capable of matching 10 Gb/sec processing speeds, the new standard for service provider and enterprise networks.

Pravin Mirchandani, Syphan's CEO said "To say that we are delighted with this award would be a major understatement. The SC Awards are widely acknowledged as the most important in the industry and winning is normally reserved for established world-wide companies. To have been named a winner in one of the most competitive categories - Best Network Security Product - is highly significant for Syphan. It is a fantastic validation of our product strategy and its importance to the network security market, as well as a tremendous boost for our commercial activities."

The company is in advanced discussions with a number of regional, national and international investment funds and this industry recognition will help to ensure that the company's product and business development plans can be accelerated in line with market demands.

Syphan was established in 2006 specifically to target the next generation data centre and managed security service provider markets, and has received around £2M in funding from Partnership Investment Finance (PIF) and Yorkshire and Humber Equity Fund (YHEF), managed by Yorkshire Fund Managers.

Syphan's patent-pending technology protects corporate networks from a wide range of internet-based attacks at speeds three times faster than current market leaders. Previous accolades include being named in the top six emerging security technologies at last year's RSA global security conference in San Francisco.
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