F-Secure leads the world in the ISP data security market

F-Secure’s first quarter total revenue grew 41% to 18,8 million euro and the number of partners offering security as a service rose to over 100

F-Secure continues solid growth in its total revenue with a 41% rise to 18,8 million euro and a sizeable 270% growth in its operating profit of 2,9 million euro. The company’s strategically focused security as a service business initiative exceeded 80% growth with an additional strong increase in consumer products in the same time frame.

F-Secure is investing in the development of the security as a service business field and is now able to offer a broad number of target groups tailor made Service Platform service level solutions. F-Secure Service Platform is particularly well suited to large corporations, small and medium sized enterprises , consumers and gateway level, as well as mobile phone and operator networks. F-Secure also extended its security as a service operations in Asia by making a deal with the Indian corporation, Reliance Communications. A service agreement with New World Telecom in Hong Kong for bringing into use Service Platform for Businesses was also the first of its kind in the small to medium-sized  data security market in Asia.

F-Secure now has over 100 deals with Internet Service Provider partners in 27 different countries and the company is the clear market leader in this area in the world.
 
F-Secure has also invested in the product development of data security for private PC users and F-Secure Internet Security 2006 launched in autumn 2005 has been selling successfully both in the company’s own webstore as well as spreading through innovative consumer channels. As a result, turnover in the consumer sector has grown 80 %. In addition, F-Secure continues to develop groundbreaking new channel solution deals with the likes of Barclays Internet Bank.

Awareness of global wireless data security threats is quietly growing and sales in F-Secure’s Mobile Anti-Virus products designed to protect portable and wireless systems have shown clear growth in the first quarter. Cooperation with Nokia continues and F-Secure Mobile Anti-Virus will soon be available in many S60 –platform based phones. In addition to this, the corporation is also providing a data security service to the Swiss Orange World Internet mobile portal which is updated daily direct to users’p hones.
 
F-Secure’s President and CEO, Risto Siilasmaa stated: Strong growth describes well the development of our security as a service solution concept as a correct strategy. Our customers are increasingly subscribing to security as a service and we have succeeded in developing different service level solutions to meet their needs. We still emphasise the recruitment of trustworthy partners in all service platform sectors and we put our faith in the strong growth of the antivirus and intrusion prevention business.

Financial Reporting 

A press and analyst conference will be arranged today, April 26, at 11 am Finnish time at the Group’s Headquarters, Tammasaarenkatu 7, Helsinki. A conference call for international investors and analysts will be arranged at 1530 Finnish time (14.30 CET, 1.30 pm UK time). Instructions can be found at the following address: http://www.f-secure.com/investor-relations/

 
The following quarterly report for 2006 will be published on August 1 (Q2) and on October 24 (third quarter). A Stock Exchange bulletin will be sent at 9 am Finnish time to the Helsinki Exchanges, a press and analyst conference will be arranged at 11 am Finnish time in Helsinki, and an international conference call will be arranged in the afternoon. Full details will be provided later on the Group's web site.
 
The full stock exchange release

For further information, please contact:

F-Secure Corporation

Risto Siilasmaa, President and CEO    
tel.358 9 2520 5510

Taneli Virtanen, Chief Financial Officer       
tel.358 9 2520 5655