SUNNYVALE, Calif. and IRVINE, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Recently, American Express introduced the Card Acceptance Processing Network (CAPN), an upgrade to its global infrastructure that enhances point-of-sale security, supports expanded transaction amounts and incorporates a transaction lifecycle identifier. Compliance with the first two phases of the high-speed processing system became mandatory for all U.S. credit card processors on August 31, 2007. For SonicWALL and Custom Business Solutions (CBS), a SonicWALL Gold Partner, the new American Express credit card processing requirements bring needed attention to the importance of secure broadband for merchants in the competitive retail industry.
With the addition of high-speed processing, merchants are required by the new security standards released by the PCI Security Standards Council to add safeguards to their networks to ensure that transactions can be processed securely. Movie Tavern, the leading operator of cinema-eateries in the country, worked with CBS, SonicWALL and its credit card processing company to comply with both PCI and CAPN. Movie Tavern is using SonicWALL devices at all 11 of the company's sites while CBS provides ongoing support for the company's POS system and equipment.
"While CAPN is a bold step for American Express, we recognize that high-speed processing is the way that the entire market will be moving, so it is important that we have a solid and reliable processing system in place," said Scott Nixon, Director of IT for Movie Tavern. "There are enough examples in the marketplace of merchants that have been careless with their use of broadband, so it is business critical that we have a secure network, secure access points, and tight control over who sees what and when. The SonicWALL firewalls we have installed at our locations are the keys to secure our customer information and to provide necessary comfort that we will not face disasters similar to those faced by other organizations."
As a result of complying with the CAPN requirements, organizations will no longer need a dial-up modem, transactions will be processed significantly faster and they will have improved reliability. In addition, merchants will be able to authorize and submit transactions greater than $99,999 while the enhanced authorization data will help to reduce fraud.
SonicWALL provides multiple solutions to help merchants like Movie Tavern protect high-speed transactions, protect the integrity of the transaction data and protect customer information. SonicWALL's family of integrated firewall devices and wireless LAN security products protect information sent over the companies' networks from internal and external threats. SonicWALL's TZ and PRO Series appliances provide merchants with immediate access to virtual private networking, firewall and intrusion prevention, connectivity, wireless security, virus protection, and content filtering.
"The world of high-speed is no longer a luxury for merchants as credit card companies are moving to broadband systems to make it easier to capture more information with each transaction, while reducing transaction times," said Charlie Jeffers, vice president of sales for CBS, Inc. "As more merchants adopt high-speed credit card processing, it is important for them to understand that security must be a critical priority. We work with SonicWALL to makes sure that the POS systems we install at our customers stores are secure, and that customer information is safe."
"Our network security solutions are being used by dozens of merchants at hundreds of locations across the country that support PCI compliance requirements as well as meeting the new CAPN requirements of American Express," said Patrick Sweeney, VP of Product Management for SonicWALL. "While not all organizations are directly impacted by the American Express changes, the initiative serves as a wake-up call to all merchants that high-speed processing is where the industry is moving. SonicWALL protects retail environments with a comprehensive security environment, that safeguards against application-layer and content-based attacks, and provides secure remote access and continuous data protection."
About SonicWALL, Inc.
Founded in 1991, SonicWALL, Inc. designs, develops and manufactures comprehensive network security, email security, secure remote access, and backup and recovery solutions. Nearly one million SonicWALL security appliances have been shipped worldwide to protect millions of computer users in mid-enterprise, large distributed networks and small and medium-sized businesses from a wide range of security threats, while improving network productivity. SonicWALL products are used internationally in areas including government, education, healthcare, retail/point-of-sale and banking. SonicWALL is headquartered in Sunnyvale, California and trades on the NASDAQ under the symbol SNWL. For more information, contact SonicWALL at +1 (408) 745-9600 or visit the company web site at http://www.sonicwall.com/.
Safe Harbor Regarding Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include but are not limited to statements regarding the importance of secure broadband for merchants in the retail industry. Compliance with PCI standards, the ability of the Company to protect high-speed transactions, the integrity of transaction data and customer data; the benefits of the Company's integrated firewall devices and wireless LAN security products; the security of POS systems and safety of customer information and the ability to protect retail environments. These forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. In addition, please see the "Risk Factors" described in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2006, for a more detailed description of the risks facing our business. All forward-looking statements included in this release are based upon information available to SonicWALL as of the date of the release, and we assume no obligation to update any such forward-looking statement.
NOTE: SonicWALL is a registered trademark of SonicWALL, Inc. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
SOURCE: SonicWALL, Inc.
CONTACT: Colleen Nichols, +1-408-962-6131, cnichols@sonicwall.com, or
Sarah London, +1-408-962-6163, slondon@sonicwall.com, both of SonicWALL, Inc.
Web site: http://www.sonicwall.com/
