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TheStreet Open House

Enhanced Mobile Portfolio From McAfee, Inc. Helps Secure Devices For Work, Personal Life And Commerce

Stocks in this article: MFE

McAfee, Inc. (NYSE: MFE) today announced that it is furthering its commitment to securing devices for work, personal life and commerce with enhanced mobile device offerings. These new consumer to business-ready solutions, which are part of the McAfee mobile security portfolio, make it easier for device manufacturers and service providers to differentiate their offerings with security safeguards against device loss, data theft and malware.

McAfee is helping to set a new standard in mobile device security with its new Mobile Security Suite and Business Ready Program. McAfee has now bundled its WaveSecure and VirusScan® Mobile technologies as a single license for partners, allowing users to remotely lock, locate, back-up, wipe and restore their stolen or lost devices, while at the same time protecting them against malware threats that originate via email, instant messaging and Internet downloads. This McAfee® mobile security offering is available immediately to McAfee partners.

The McAfee “Business Ready” program, which is set to launch in Q2 2011, will enable partners to pre-load or load McAfee® Enterprise Mobility Management (McAfee® EMM™) client software with the McAfee Mobile Security consumer client technology. With every device that is loaded with WaveSecure, VirusScan Mobile, or the mobile suite, McAfee will also include the McAfee EMM client, making the device ready to be connected to the enterprise secured by McAfee EMM software. This enables consumers to purchase a device that is “business ready,” making it easier for them to bring their device to work, while also enabling McAfee partners to better serve their consumer and enterprise customer segments.

Smartphones and Tablets Gaining Momentum

According to the International Data Corporation (IDC) “Worldwide Quarterly Mobile Phone, Media Tablet, and eReader Trackers,” December 2010, IDC predicted unit shipments of smartphones and tablets would eclipse PCs in 2011. By the end of 2010, IDC expects more than 21 percent of all handsets devices shipped to partners worldwide will be smartphones converged mobile devices, the first time this has occurred. In comparison, 15 percent of all devices shipped in 2009 were smartphones converged mobile devices.

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