Beautifully engraved Certificate from the CacheFlow Corporation
. This historic document was printed by the American Banknote Company and has an
ornate border around it with a vignette of the company's logo. This item has the printed signatures of the company's officers including Brian M. NeSmith as President and CEO.
The company designs and assembles devices used to accelerate the delivery of Web content. Enterprises such as Computer Sciences Corporation use CacheFlow's edge accelerators to manage access to content across their corporate networks; ISPs including Road Runner use its server accelerators to allow customers quick access to frequently requested Web sites. In addition to its direct sales force, CacheFlow sells through network equipment manufacturers such as EMC and Lucent Technologies. Netscape founder and CacheFlow director Marc Andreessen holds a small stake in the company.
The stock hit $160 in October 2000 and hit a low in 2001 of $.84.
On August 21, 2002, CacheFlow Completed its Strategic Transition to Web Security Business by Becoming Blue Coat Systems
SUNNYVALE, Calif., August 21, 2002 - CacheFlow, Inc. (NASDAQ: CFLO) today announced it has become Blue Coat Systems, Inc. (NASDAQ: BCSI), completing the company's evolution to a strategic provider of security appliances that protect and control enterprise Web infrastructures. Blue Coat Systems delivers security appliances designed to combat the increasing number of Web-based threats targeting port 80 "holes" in the enterprise security infrastructure. The company has also changed its NASDAQ ticker symbol to BCSI, and all business previously conducted by CacheFlow will continue to be handled by Blue Coat Systems without interruption.
According to information recently posted in a BusinessWeek Online report titled "Cracks in the Firewall," 70% of all intrusion attempts now target port 80, the primary passageway for Web content to enter and exit the corporate network. Blue Coat is extending its leading position in the secure proxy caching appliance market to provide Web security appliances that police this vulnerable passageway. The new Blue Coat Port 80 Security Appliances, also announced today, incorporate breakthrough technology that includes an extensive Web Knowledge Framework combined with a patent-pending Policy Processing Engine that operates on a highly-scalable appliance platform to effectively address content-level security vulnerabilities.
"Blue Coat Systems is solving a vital industry problem by enabling enterprises, for the first time, to protect Web applications from the dangers of today's malicious or unapproved content," said Brian NeSmith, president and CEO of Blue Coat Systems. "The proliferation of Web applications traversing port 80 has created an enormous hole in the enterprise security infrastructure. Blue Coat's Port 80 Security Appliances dramatically heighten enterprise security by protecting and controlling this growing hole to enable customers to deploy mission-critical Web applications."
The new Blue Coat name is the culmination of recently announced strategic transitions, which include new channel business models, solution providers, strategic partners, products and services, all designed to focus resources on Web security.
"Information security managers need to understand not only how much Web-based content is pouring through port 80 on their firewalls, but also the risks that Web applications are bringing to the organization," said Chris Christiansen, vice president of e-business infrastructure and security software at IDC. "Blue Coat Systems offers relief for security administrators who must support the use of Web applications that range from instant messaging to Web-based e-mail in their environment - all of which are vulnerable to newer malicious mobile code threats and hybrid viruses."
Founded in 1996, CacheFlow pioneered the development of proxy caching appliances that improved Internet performance and end-user response time for enterprises and service providers. As the market for enterprise proxy caches evolved, enterprise customers helped steer the company further into content-level security and control. Today, the company has shipped more than 8,000 Web security appliances to enterprises worldwide. Additionally, IDC has reported that the market opportunity for Secure Content Management solutions will grow to $4.8 billion by 2006.
About Blue Coat Systems
Blue Coat Systems, a Web security company, has developed the industry's first port 80 security appliance. Safeguarding many of the world's largest corporate networks, this high-performance security appliance intelligently protects against Web-based threats by policing Port 80 — the primary hole in the enterprise security infrastructure. Headquartered in Sunnyvale, California.