Cyberoam, a division of Elitecore and leading provider of identity-based Unified Threat Management (UTM) solutions, today announces it was named a Finalist in the Best New Product or Service category in The 2007 American Business Awards.

Hailed as “the business world’s own Oscars” (New York Post, April 27, 2005), The American Business Awards are the only national, all-encompassing awards program honoring great performances in business.

Stevie Award winners will be announced during the annual gala on Monday, June 11, at the Marriott Marquis Hotel in New York City. More than 700 executives from across the U.S.A. are expected to attend. The ceremonies will be videocast on the Internet and broadcast on radio, and hosted by Larry Wilmore of TV’s THE DAILY SHOW with JON STEWART.

More than 2,000 entries from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Best Overall Company, Best Executive, Best New Product or Service, and Best Corporate Social Responsibility Program. Cyberoam’s unique identity-based UTM solution will be competing in the Best New Product or Service category.

Cyberoam’s CRi Series is the next-generation identity-based Unified Threat Management appliance, offering integrated Internet security to enterprises. Cyberoam features include identity-based firewall, VPN, gateway antivirus, gateway anti-spam, intrusion prevention system, Web content and application filtering, bandwidth management and multiple link management. Cyberoam technology has the unique advantage of providing the only identity-based integrated network security available on the market today – its competitors can only provide the IP address for identification and control.

“Being recognized as an American Business Award Finalist is truly an honor,” said Joshua Block, VP of North American Operations at Cyberoam. “The engineers and product developers at Cyberoam have worked hard to create a unique, comprehensive security solution to address the needs of enterprises today, and being chosen as a finalist for this prestigious award further validates Cyberoam as an industry leader and demonstrates our commitment to innovation in the security industry.”

Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners this week from among Finalists. Finalists were chosen by business professionals nationwide during preliminary judging in April through early May.

Nicknamed the Stevie for the Greek word “crowned,” the elegant Stevie trophy was designed by the same company that makes the Oscar and the Emmy.

“Being named a Finalist in The American Business Awards is an important achievement,” said Michael Gallagher, founder and president of The Stevie Awards. “It means that independent business executives have agreed that the nominee is worthy of national recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition.”

Details about The American Business Awards and the list of Finalists in all categories are available at www.stevieawards.com/aba.

About Cyberoam
Cyberoam, a division of Elitecore, is a leading innovator of identity-based Unified Threat Management appliances offering a comprehensive range of security features, including identity-based firewall, VPN, gateway antivirus, gateway anti-spam, intrusion prevention system, content filtering, as well as bandwidth management and multiple link management – all over a single platform. Cyberoam offers superior Internet security to corporations, educational institutions and government organizations worldwide. Cyberoam has offices in the Newburyport, MA and India. For more information, please visit www.cyberoam.com

About Elitecore Technologies
Elitecore Technologies is a leading provider of convergent billing, provisioning and customer acquisition solutions, and Unified Threat Management Solutions. Elitecore’s divisions include Crestel, meeting the voice, data, video billing and customer care requirements of tier-one service providers; and Cyberoam, the leading innovator of identity-based UTM solutions that offers integrated Internet security with fine granularity through unique user identity-based policies. Elitecore was established in 1999 by Eclipse Micro Computer Inc., and possesses a strong R&D base and support center based in India, allowing the Company to sustain a healthy growth rate of more than 75 percent since inception. For more information, please visit www.elitecore.com.

About The Stevie Awards
Hailed as “the business world’s own Oscars,” Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com

Premier Sponsors of The 2007 American Business Awards include EMCOR Group, Silverjet, and ValueVision Associates. Presentation sponsor is the German State of Bavaria’s U.S. Office for Economic Development. Supporting sponsors include Harris Corporation, High Performance Technologies Inc., John Hancock, Starwood Hotels & Resorts, and Ultimate Software. Media sponsors include the Business TalkRadio Network, Chief Executive, CIO Decisions, CRMAdvocate, and Human Resource Executive. The Business TalkRadio Network will host the live radio broadcast of the June 11 awards ceremonies, and HB Group will videocast the ceremonies worldwide.

Press Contacts
Rebecca Paquette
SHIFT Communications
+1-617-779-1849
rpaquette@shiftcomm.com

Sales Contact
Joshua Block
Cyberoam
+1-978-465-8400
joshua.block@cyberoam.com