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Ahmedabad, March 27, 2012 - Cyberoam, a division of Elitecore Technologies, and a leading provider of identity-based Unified Threat Management (UTM) security appliances, today announced it has been positioned by Gartner, Inc. in the visionary quadrant of the 2012 "Magic Quadrant for Unified Threat Management" report (refer footnote)*. Top global UTM vendors were positioned in the Magic Quadrant based on their ability to execute and completeness of vision.

According to the Gartner report, "For 2011, Gartner estimates that worldwide revenue in the UTM market totaled approximately $1.28 billion, which represents 19.5% growth over our estimate for 2010. Gartner believes the UTM market will continue to grow faster than many other security markets, but we see a number of trends applying downward pressure on market growth. Regardless, we forecast continued growth in the UTM market of approximately 15% compound annual growth rate through 2017."

The positive trends influencing growth in the UTM market include a rising demand from small and mid-sized businesses (100 to 999 employees), especially in North America and Western Europe, due to product aging and demand for higher speed Internet connectivity. There is also significant greenfield growth potential, especially in emerging markets and growing number of small businesses.

Says Hemal Patel, CEO - Elitecore Technologies, "We believe Cyberoam's rating as Visionary reflects our ability to offer the right design and features set for the mid-sized businesses along with our global footprint spanning 110+ countries. Our current vision is to develop a local sales & marketing strategy in different countries and set up local offices to complement a successful channel engagement. On the product front, we want to strengthen our offerings for enterprise and SOHO/home user segments."

Cyberoam UTM secures global corporations in the manufacturing, healthcare, finance, retail, IT sectors and more in addition to educational institutions, public sector and large government organizations. At this time, the security vendor is making significant inroads into the US, Europe and Latin America markets.