Watchguard Technologies, Inc. Announces Initial Public

Offering Seattle, Washington (ots-PRNewswire) - WatchGuardTechnologies, Inc. (Nasdaq: WGRD), a provider of Internetbroadcast security solutions, today announced the initial publicoffering of its common stock on the Nasdaq National Market underthe trading symbol WGRD. The initial public offering price for the 3,500,000 shares incommon stock offered by the company is $13.00 per share. Sixselling stockholders have granted the underwriters an option topurchase up to an additional 525,000 shares at the initial publicoffering price to cover over-allotments, if any. WatchGuard willnot receive any of the proceeds from the sale of common stock bythe selling stockholders. The offering is made through anunderwriting group managed by Dain Rauscher Wessels, WarburgDillon Read LLC, SoundView Technology Group and Wit CapitalCorporation. A registration statement relating to these securities has beenfiled with and declared effective by the Securities and ExchangeCommission. This press release shall not constitute an offer tosell or the solicitation of an offer to buy nor shall there beany sale of these securities in any state in which such offer,solicitation or sale would be unlawful prior to registration orqualification under the securities laws of any such state. A copy of the final prospectus relating to the offering isavailable from Dain Rauscher Wessels, 60 South Sixth Street,Minneapolis, MN 55402, 612-371-2800; Warburg Dillon Read LLC, 299Park Avenue, New York, NY, 10171, 212-821-3700; SoundViewTechnology Group, 22 Gatehouse Road, Stamford, CT, 06902, 203-462-7200; Wit Capital Corporation, 826 Broadway, 6th floor, NewYork, NY 10003, 800-452-4340. About WatchGuard Technologies WatchGuard is a leading provider of dynamic, comprehensiveInternet security solutions designed to protect small- to medium-sized enterprises, or SMEs -- those businesses, governmentalentities and educational institutions with fewer than 1,000employees -- that use the Internet for electronic commerce andcommunications. WatchGuard's innovative LiveSecurity solutionenables SMEs to keep their security systems current with minimaleffort through its broadcast of threat responses, softwareupdates and information alerts over the Internet. Businesses canmanage their own Internet security using the WatchGuardLiveSecurity System(TM) or outsource their security management toan ISP implementing LiveSecurity for MSS(TM). For moreinformation, call 206-521-8340 or visit WatchGuard atwww.watchguard.com. NOTE: WatchGuard is a registered trademark of WatchGuardTechnologies, Inc. in the United States, Norway, New Zealand andJapan, and is trademarked in other countries. Firebox andLiveSecurity are trademarks of WatchGuard Technologies, Inc. Contact: Steve Moore, Chief Financial Officer of WatchGuardTechnologies, Inc., 206-521-8340; or Jeff Howlett, InvestorRelations of StreetConnect, 206-320-1231. ots Original TextService: WatchGuard Technologies, Inc. Internet:http://www.newsaktuell.de Contact: Steve Moore, Chief FinancialOfficer of WatchGuard Technologies, Inc., (USA) 206-521-8340; orJeff Howlett, Investor Relations of StreetConnect, (USA) 206-320-1231 Company News On-Call:http://www.prnewswire.com/comp/128128.html or fax, 800-758-5804,ext. 128128 Web site: http://www.watchguard.com

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