Panda Security Earns Five-Star Rating in 2010 Everything Channel Partner Program Guide

ORLANDO, Fla., March 29 /PRNewswire/ -- Panda Security, the Cloud Security Company, today announced it has been recognized by Everything Channel as one of North America's top information technology vendors for its partner program.  The Panda Security partner program, which centers around its channel made cloud security solutions, was recognized with a five-star rating in Everything Channel's 16th annual 2010 Partner Program Guide (PPG). This elite ranking distinguishes Panda for its commitment and strength of its program and innovation for reseller partners, which include IT integrators, technology solutions providers and consultants serving small and medium-sized businesses (SMBs).

This honor builds on several independent awards that Panda Security has recently won for its ongoing commitment to the channel and product innovation. Last month, Everything Channel's CRN Magazine named Panda Cloud Protection one of the "20 Coolest Cloud Computing Security Products," and U.S. President Rick Carlson was named a CRN Channel Chief for his progress in advancing effective channel partner programs and strategies within the company. In addition, CRN also recently recognized Panda Security CEO Juan Santana as one of the 25 most innovative executives of 2009  for the company's leadership in cloud security for SMBs and their solution providers.

Panda Security utilizes the industry's most mature cloud technology to deliver a unified product portfolio for endpoint, email and Internet security that ensures instantaneous protection against malware while maximizing reseller profitability. Resellers benefit from Panda's low total cost of management, best-in-class remote servicing capabilities, and flexible licensing model that helps them scale their businesses quickly. In addition, the world-class partner program offers unique benefits to resellers including deal registration, healthy margins, incumbency protection, marketing, and training support.

Recognizing that the security-as-a-service (SaaS) model was uniquely suited for SMBs with tighter resources and increasingly distributed workforces, Panda Security was the first company to deliver core product capabilities as a service through the cloud in 2005. Since making this significant go-to market strategy change and dedicating its SMB sales initiatives 100 percent to the channel, Panda Security has experienced rapid growth in its hosted cloud security services. In 2009, Panda Security grew its worldwide revenues from its Corporate Cloud/SaaS Division by 122 percent, quadrupling the industry average growth rate for SaaS. This momentum demonstrates strong demand among SMBs and their solution providers for lightweight cloud security services that are significantly easier and less expensive to manage compared to traditional software alternatives.

Research for the 2010 Everything Channel Partner Program Guide and the Five-Star Partner Program rating was conducted by Everything Channel's research department. Everything Channel analyzed 130 vendor programs rating vendors' responses to in-depth questions about their partner programs in the five elements of sales support, partner profitability, partner ecosystem development/management, partner communication/marketing, and demand generation. To ensure fair comparisons, companies were placed in one of four categories based on company size (Enterprise, Midsize, Small and Emerging).  The Five-Star Partner Program rating recognizes the elite subset of Partner Program Guide vendors who give solution providers the best partnering elements in their channel programs.

"We are pleased to deliver to the Channel an exclusive list of the leading vendor channel programs with details about key technologies, program opportunities, and information on the hottest new program offerings," said Kelley Damore, VP, Editorial Director, Everything Channel. "The quality of a technology vendor's partner program determines how profitable its partners will be.  For their commitment to their business partners and their efforts to build quality programs, we congratulate those recognized as this year's Five-Star Partner Program winners for helping to drive greater revenue in the channel."

"Resellers are the heart and soul of our business, and recognition by Everything Channel for our unique mix of product innovation and partner benefits is validation that Panda's 100 percent channel commitment sets a new standard," said Rick Carlson, president of US operations, Panda Security. "Panda's leadership in cloud security in particular continues to be very attractive to VARs, who are now able to serve exponentially more clients with less overhead and time out of the office. There are plenty of partner programs out there that offer competitive perks, but we're the only security company whose cloud product portfolio was designed to help resellers transform their businesses."

The PPG list and those companies recognized as five-star will appear in the March 29 issue of CRN magazine and online at www.Channelweb.com.

About Panda Security

Founded in 1990, Panda Security is the world's leading provider of cloud-based security solutions, with products available in more than 23 languages and millions of users located in 195 countries around the world. Panda Security was the first IT security company to harness the power of cloud computing with its Collective Intelligence technology. This innovative security model can automatically analyze and classify thousands of new malware samples every day, guaranteeing corporate customers and home users the most effective protection against Internet threats with minimum impact on system performance. Panda Security has 56 offices throughout the globe with US headquarters in California and European headquarters in Spain.

Panda Security collaborates with Special Olympics, WWF and Invest for Children as part of its Corporate Social Responsibility policy.

For more information, visit http://www.pandasecurity.com/.

About Everything Channel (www.everythingchannel.com, www.channelweb.com)

Everything Channel, headquartered in Framingham, MA, is a technology marketing and sales solutions company.  Through its "Complete Technology Channel Solution," Everything Channel offers the right business tools to accelerate technology sales.  From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database.  Everything Channel provides innovative field sales and marketing solutions to the sellers of technology to achieve measurable and significant results.

About United Business Media Limited

UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com.

SOURCE Panda Security

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