Press Releases
St. George Bank Chooses Juniper Networks Solution to Secure Network
Reduced Complexity and Cost were Key Factors in Decision to Replace Previous Software-based Firewall Solution
SUNNYVALE, Calif., July 22, 2004 - Juniper Networks, Inc. (Nasdaq: JNPR) today announced that St. George Bank, Australia's fifth largest bank and one of the country's top 15 publicly listed companies, has deployed a Juniper Networks integrated firewall and virtual private network (VPN) security solution to secure its corporate network and critical resources. "As a financial services firm, robust security for confidential customer data and strong return on investment are critical factors in selecting products for our IT infrastructure," said Michael McCutcheon, senior manager, Infrastructure Architecture, Architecture & Planning, for St. George Bank. "The Juniper Networks solution made sense because of its purpose-built, hardware-based approach that provides significant operational advantages, robust performance and advanced security features integrated into a single platform."
St. George Bank replaced 18 software-based firewalls with four Juniper Networks NetScreen-5200 systems, and utilizes the Virtual Systems feature to logically partition and secure multiple network domains with distinct administrators, address books, user lists, custom services, VPNs and policies.
The high-performance NetScreen-5200 system, which provides up to 4 Gbps firewall and up to 2 Gbps 3 DES IPSec VPN throughput, delivers advanced security functionality, including stateful firewall, VPN, DoS and DDoS protection, and traffic management functionality, in a low-profile modular chassis for large enterprise, carrier and data center networks. The devices include a distributed system architecture and employ a switch fabric for data exchange with a separate multi-bus channel for control information to provide scalable performance for the most demanding environments and offer excellent scalability and flexibility.
"By consolidating our security infrastructure with Juniper Networks NetScreen products, we enjoyed immediate savings in headcount, maintenance costs, and equipment footprint," said McCutcheon. "In addition, the reduced complexity in reducing 18 machines to four systems makes for much easier and flexible ongoing administration and scalability."
"We're very excited that St. George Bank selected Juniper Networks," said Shaun Page, director, Australia/New Zealand, Juniper Networks. "Its choice underlines a continuing trend: customers replacing legacy firewall solutions with Juniper Networks security solutions based on the unparalleled performance and ongoing requirements for scalability and return on investment."
About St. George Bank
Founded in 1937 as a housing based financial institution, St. George built a reputation as Australia's foremost building society, before achieving full banking status in July 1992. Its national operations span all aspects of the financial industry including retail banking, institutional & business banking, and wealth management. At the Bank's core is a close relationship with its customers and this remains the cornerstone of future strategies, an important tradition that distinguishes St. George from other Australian Banks.
St. George's core strategy is one of organic growth, harnessing the potential in the franchise and building on its strengths and capabilities. These strengths include a track record of superior credit quality, positive customer service ratings relative to the industry, and product management and product innovation capabilities.
About Juniper Networks, Inc.
Juniper Networks transforms the business of networking by creating competitive advantage for our customers with superior networking and security solutions. Juniper Networks is dedicated to customers who derive strategic value from their networks, including global network operators, enterprises, government agencies and research and educational institutions. Juniper Networks' portfolio of networking and security solutions supports the complex scale, security and performance requirements of the world's most demanding mission critical networks. Additional information can be found at www.juniper.net.
Juniper Networks, the Juniper Networks logo, NetScreen, NetScreen Technologies, the NetScreen logo, NetScreen-Global Pro, ScreenO, and GigaScreen are registered trademarks of Juniper Networks, Inc. in the United States and other countries.
NetScreen-5200 is a trademark of Juniper Networks, Inc.
