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Forum Systems Hot Companies 2006

Forum Systems, Inc.


The Company

The Internet is becoming a binding force for enterprises, employees, contractors, customers and anyone and everyone that contributes the normal fucntion and growth of the organization. Forum Systems enables enterprises to efficiently share and secure sensitive information across the extended enterprise. Forum Systems offers enterprises and government agencies a comprehensive suite of XML-Sentient content security infrastructure that actively guards information as it moves between and within enterprises - at the origin, during transmission, and after it reaches its destination.

The Beginning

Founded in May 2001 and started selling security products since February 2002 when the company was officially launched. Forum Systems is privately held.

The Success Team

Weston W. Swenson  President/CEO
Mamoon Yunus  Chief Technology Officer
Cory A. Argyle  Chief Financial Officer
Gary Challburg  General Counsel and Director of Investor Relations
Bruce Herron  Vice President of Sales
Walid Negm  Vice President of Marketing
Deepak Puri  Vice President of Business Development
Amer Qureshi  Vice President of Field Operations
Tom Stickle  Vice President of Engineering


The Products

Forum Vantage XML Accelerator™
Forum Sentry SOA Gateway™
Forum Xwall™ Web Services Firewall with XML Intrusion Prevention and XML Antivirus
Forum XRay™ Web Services Diagnostics
Forum Presidio™ OpenPGP™ Security Gateway
Forum VulCon™ Vulnerability Containment Service

 

"Enterprises of all sizes are latching on to the Internet to expand their business growth and increase global reach. This expansion is also bringing security concerns for business critical applications that are vulnerable to hostile attacks. Forum Systems provides solutions that secure such applications and enable secured sharing of information."

Rick Justice, Chief Editor


What makes Forum Systems a "Hot Company" 2006

Products & Technologies

Industry Firsts:

  1. First XML Web services intrusion prevention product

  2. First XML Web services firewall product

  3. First XML Web services antivirus product

  4. First enterprise-wide security deployment at Citigroup

  5. Only recommended XML Web services security vendor at Microsoft

Proactive Approach - Trustworthy, ubiquitous and robust Web services can only be achieved by combining security controls that are proactive, always on and systematic. Forum Seamless Security Solutions Architecture (Forum S3A™) is an adaptive approach to building security minded service-oriented applications and data-level networks using life-cycle solutions including vulnerability management, testing systems, firewalls and gateways.

Flexible Solutions - Forum products are available as software, PCI-card and appliance options and comply with government requirements including CheckPoint OPSEC Certification, FIPS Certification, Common Criteria EAL 4+ (in process) and JITC DoD PKI Certification.

Seven technology patents.

People & Investors

The company is led by Weston W. Swenson who has almost two decades of experience in the IT Infrastructure and Network Security Sectors. Driven by a leader whose motivation and teamwork attitude brings out the best in all his employees, Forum Systems is a cool place to work.

A close-knit group of experts in their respective fields, Forum Systems is a start- up company that an outsider would view as a family.

Healthy Funding - over $30.5 million. Notable investors include GMG Capital Partners, the Navigator Fund and CMS.

Performance & Growth

Rising Sales - Tripled revenue from 2003-2004 and expected to quadruple revenue by 2006.

Strong Customer Base - Over 15% of the Fortune 1000 enterprises have adopted Forum S3A™ technology including the top e-reatiler Amazon, the top telecommunications company Motorola, the largest finacial services firm Citigroup and more including Charles Schwab, Mass Mutual and Lockheed Martin. Forum Systems has over 10,000 downloads of XWall Web services firewall.

Industry Awards - Network Computing Magazine’s Well-Connected 2004 Award and Product of the Year 2004 Award, Network Computing Magazine’s Editor’s Choice 2003 Award, Network Magazine’s Product of the Year 2003 Award and DEMO 2004 Invitation. Forum XWall Web Services Firewall is the industry’s only XML Firewall selected by InfoWorld LEADERBOARD 2004.

Potential & Strategies

Forum Foundation Partners - Caymas, Computer Associates, HP, IBM, Lockheed Martin, Microsoft, nCipher, NetContinuum, Network Engines, Oblix, Oracle, RSA, Software AG, SonicSoftware, Sun and Systinet.

Forum OEM relationships - CA’s eTrust antivirus product combined with XWal has become the industry’s first XML anti-virus solution. Other OEM relationships include NetContinuum, Breach, Microsoft ISA Server, and many other network equipment vendors.

Industry Affiliations and Support - Forum Systems is an active a member of OASIS and WS-I helping mature standards such as WS-I Basic Profiles, SAML and WS-Security. Customers can benefit from Forum technology that is bundled with market-leading products: Microsoft ISA Server 2004, NetContinuum NC-1000 WSE, Crossbeam Systems, Breach Security and Network Engines NS6300X.

Industry Associations - eBXML, IS Alliance, OASIS, W3C, WS-I, XBRL, XML Working Group.

Forum Systems, Inc.
45 West 10000 South, Suite 415
Sandy, UT 84070
Ph: 801-313-4400
Fax: 801-313-4401
www.forumsys.com

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