CARY, NC, April 29, 2004 - Webfargo Data Security, Inc., a premier provider of managed security services and information protection solutions, announced today that it has been selected to provide IT security management for Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP).
With the addition of Salix, Webfargo adds to its rapidly growing managed security client list. "We are very excited to be working with Salix," said Tyler Salisbury, President and Managing Partner of Webfargo. "Salix is an ideal client in that they have a very proactive mentality about their network operations and information security."
"We selected Webfargo because they provide us with expert security assistance when we need it, but allow us to maintain control," said Warren English, Director of IT for Salix. "We know they are keeping an eye on things, but we still have complete control over our network devices."
Previously, Webfargo had assisted Salix on a variety of IT security projects, each aimed at adding a layer of security to Salix's network. However, with the increase in security came equivalent increases in network complexity due to addition of specialized security products. Salix recognized the need for expert security management, but also realized that dedicating staff members to these tasks was cost-prohibitive. Webfargo's managed security services provided the perfect solution.
"Safeguarding Salix's data is extremely important," explained Salisbury, "and a well-functioning network is critical to their day-to-day success. Our managed solutions help Salix to increase their security while allowing them to focus on their core business."
Webfargo will provide Salix with a comprehensive suite of security services, including Managed Firewall and Managed Intrusion Detection at multiple network points, to augment their already robust security infrastructure.
Amid increasing complexity of security threats from sources such as hackers, viruses, and worms, more and more companies are making the move to managed security services. Companies that work with a Managed Security Service Provider (MSSP) such as Webfargo typically realize a host of benefits, including:
- Expert level assistance
- 24x7 monitoring and support
- Reduced cost over hiring full time employees
- Proactive security administration
- Alert and log analysis
- Ongoing Performance tuning
About Webfargo Data Security
Webfargo was formed in 2001 by veterans of the Research Triangle technology industry to provide proactive security services and information protection solutions that empower companies to develop and enforce security policies, set and attain security objectives, monitor and respond to network events, and protect intellectual property and critical data in the enterprise and e-business. Webfargo is self-funded and has been profitable since its inception.
For more information visit www.webfargo.com, or call (919) 281-0175.
About Salix Pharmaceuticals
Salix Pharmaceuticals, Ltd., headquartered in Raleigh, North Carolina, develops and markets prescription pharmaceutical products for the treatment of gastrointestinal diseases. Salix's strategy is to in-license late-stage or marketed proprietary therapeutic drugs, complete any required development and regulatory submission of these products, and market them through the Company's 100-member gastroenterology specialty sales and marketing team. Salix trades on the Nasdaq National Market under the ticker symbol "SLXP."
For more information please contact the Company at 919-862-1000 or visit our web site at www.salix.com. Information on our web site is not incorporated in our SEC filings.
Contact:
Tyler Salisbury
President & Managing Partner
Webfargo Data Security, Inc.
(919) 281-0175
tsalisbury@webfargo.com