NEI - Sector: Technology --- Industry: Security Software & Services

[setravis]

News out ,may be ready for a play.....

Active in the pre-market
NETWORK ENGINES IN (NasdaqNM:NENG) Delayed quote data  
Pre-Market (RT-ECN): 1.42  0.15 (+11.81%)



Press Release Source: Network Engines, Inc.


Network Engines and Ingram Micro Enter into Distribution Agreement
Wednesday January 4, 8:56 am ET  
Ingram Micro Becomes First North American Distributor of Network Engines NS Series Security Appliances


CANTON, Mass.--(BUSINESS WIRE)--Jan. 4, 2006--Network Engines, Inc., (NASDAQ-NENG), today announced it has signed a North American distribution agreement with Ingram Micro Inc. (NYSE: IM - News), the world's largest technology distributor and a leading technology sales, marketing and logistics company. Under the terms of the agreement, Ingram Micro will now offer its reseller customers the entire family of Network Engines NS Series(TM) Security Appliances.


The NS Series, powered by Microsoft® Internet Security and Acceleration Server 2004, is a family of multifunction application security appliances designed for small and large enterprises. NS security appliances are developed to add "defense-in-depth" protection and provide unparalleled application-layer filtering inside the traditional perimeter firewall.

"We are pleased to add the world's largest technology distributor to our partner list, as Ingram Micro's market reach and customer list are second to none in the industry," said Vince Ardizzone, director America's channel sales for Network Engines. "This partnership announcement is also a strong endorsement of the market's need for an appliance version of ISA Server 2004."

"Network Engines has achieved a category lead with the NS Series product line because it provides an innovative way to help companies better manage security threats," said Paul Bay, senior vice president, vendor management, Ingram Micro North America. "Our clients are asking for more powerful, consolidated security solutions. Network Engines addresses this trend by working closely with Microsoft, to create a powerful, integrated out-of-the-box appliance. This makes ease of deployment and management a reality for IT shops large and small."

About Ingram Micro

As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services and product aggregation and distribution. The company serves 100 countries and is the only global IT distributor with operations in Asia. Visit www.ingrammicro.com

Network Engines - THE Appliance Company

Network Engines appliances are designed to ease the deployment, enhance manageability, and increase security of mission critical software applications.

Our heritage of providing technology products and services tailored supporting to the entire lifecycle of our customers appliances has made us the appliance partner of choice for software market leaders.

Founded in 1997, Network Engines is headquartered in Canton, Massachusetts and trades on the NASDAQ exchange under the symbol NENG. For more information about the Company's products and services visit: www.networkengines.com.

Safe Harbor for Forward-Looking Statements

Statements in this press release regarding Network Engines' (the "Company") future financial performance and any other statements about Network Engines' management's future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including those factors contained in the Company's most recent annual report on Form 10-K for the year ended September 30, 2005 under the section "Factors That May Affect Future Operating Results" as well as other documents that may be filed by the Company from time to time with the Securities and Exchange Commission. Forward-looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. The Company assumes no obligations to update the information included in this press release.

Network Engines and the Network Engines logo are trademarks of Network Engines, Inc. All other registered and unregistered trademarks in this document are the sole property of their respective owners.

Contact:
Network Engines, Inc.
Joni Moore, 508-308-7900
[email protected]
   or
Ingram Micro
Chris Kelley
[email protected]
714-382-3355

--------------------------------------------------------------------------------
Source: Network Engines, Inc.

[setravis]

Profile Get Profile for: 


Network Engines Inc.
25 Dan Road
Canton, MA 02021
Phone: 781-332-1000
Fax: 781-770-2000
Web Site: http://www.networkengines.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Security Software & Services
Full Time Employees: 144


BUSINESS SUMMARY   
Network Engines, Inc. engages in the development and manufacture of server appliance solutions that deliver data storage and network security applications on server appliances. It provides server appliance solutions and services for the data storage and network security markets. The company operates in two segments, OEM Appliance and Distribution. The OEM Appliance segment, offers server appliance solutions that enable network equipment providers and independent software vendors to deliver data storage and network security applications in the form of a server appliance. The Distribution segment provides NS Series Security Appliances that are based on Microsoft's Internet Security and Acceleration Server 2004. It offers engineering, manufacturing, logistics, and technical services, as well as server design and integration, testing services, firewall appliances, and branding, packaging, and fulfillment services to deliver software applications. Network Engines was founded in 1989 and is headquartered in Canton, Massachusetts.

[setravis]

Press Release Source: Network Engines, Inc.


Network Engines Attains Gold Certified Partner Status in Microsoft Partner Program
Wednesday January 4, 8:46 am ET 
Network Engines Recognized for Innovation and Skills in development of Microsoft Powered Appliances


CANTON, Mass.--(BUSINESS WIRE)--Jan. 4, 2006--Network Engines, Inc. (NASDAQ:NENG - News), a leading appliance partner for Microsoft security solutions, today announced it has attained Gold Certified status in the Microsoft Partner Program with three competencies; Independent Software Vendor (ISV)/ Software Solutions, Networking Infrastructure Solutions and Advanced Infrastructure Solutions. As a Gold Certified partner, Network Engines has demonstrated expertise with Microsoft technologies and proven ability to meet customers' needs. Microsoft Gold Certified Partners receive a rich set of benefits, including access to marketing programs, training and support resources, giving them a competitive advantage in the marketplace.
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"We are extremely pleased to have attained Gold Certified status in the Microsoft Partner Program, allowing us to further promote our expertise and relationship with Microsoft to our customer base," said Mike Riley, vice president of marketing and corporate strategy at Network Engines. "This distinction validates the market need for NEWS, our appliance management software subsystem, that has been developed to ease the deployment and unify configuration and management of Microsoft Windows server powered appliances."

"Customers are looking for partner companies that can bridge the gap between their business demands and technology capabilities. They need to trust in someone that can act as an expert adviser for their long-term strategic technology plans - Network Engine's ongoing development of award winning appliance solutions clearly demonstrates such a long-term strategic commitment. Microsoft Gold Certified Partners, which have certified expertise and direct training and support from Microsoft, can build a positive customer experience with our technologies," said Allison Watson, vice president of the Worldwide Partner Sales and Marketing Group at Microsoft Corp. "Today, Microsoft recognizes Network Engines as a new Microsoft Gold Certified Partner for demonstrating its expertise in providing customer satisfaction with Microsoft products and technology."

As one of the requirements for attaining Gold Certified Status, Network Engines had to declare a Microsoft Competency. Microsoft Competencies are designed to help differentiate a partner's capabilities with specific Microsoft technologies to customers looking for a particular type of solution. Each competency has a unique set of requirements and benefits, formulated to accurately represent the specific skills and services that partners bring to the technology industry.

The Microsoft Partner Program was launched in December 2003 and represents Microsoft's ongoing commitment to the success of partners worldwide. The program offers a single, integrated partnering framework that recognizes partner expertise, rewards the total impact that partners have in the technology marketplace, and delivers more value to help partners' businesses be successful.

Network Engines - THE Appliance Company

Network Engines appliances are designed to ease the deployment, enhance manageability, and increase security of mission critical software applications.

Our heritage of providing technology products and services tailored supporting to the entire lifecycle of our customers appliances has made us the appliance partner of choice for software market leaders.

Founded in 1997, Network Engines is headquartered in Canton, Massachusetts and trades on the NASDAQ exchange under the symbol NENG. For more information about the Company's products and services visit: www.networkengines.com.

Safe Harbor for Forward-Looking Statements

Statements in this press release regarding Network Engines' (the "Company") future financial performance and any other statements about Network Engines' management's future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including those factors contained in the Company's most recent annual report on Form 10-K for the year ended September 30, 2005 under the section "Factors That May Affect Future Operating Results" as well as other documents that may be filed by the Company from time to time with the Securities and Exchange Commission. Forward-looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. The Company assumes no obligations to update the information included in this press release.

Network Engines and the Network Engines logo are trademarks of Network Engines, Inc. All other registered and unregistered trademarks in this document are the sole property of their respective owners.

Contact:
Network Engines, Inc.
Joni Moore, 508-308-7900
[email protected]

--------------------------------------------------------------------------------
Source: Network Engines, Inc.

[stocks2watch2]

Getting close to  52 week high.
Price-2.35
Websense, Microsoft and Network Engines Work Together to Offer Customers NS Series Web Security Appliances
http://biz.yahoo.com/prnews/060209/lath095.html?.v=36

Network Engines to Present at America's Growth Capital Information Security and Data Center Conference on February 13th
http://biz.yahoo.com/bw/060207/20060207005694.html?.v=1

[setravis]

Has moved north very nicely.
The 50-dma has crossed over the 200-dma. "The Golden Cross" ! 

Volume: 1,636,415
Avg Vol (3m): 463,343

[wrangler]

Applaud you setravis,Wish I was ready to buy something I would jump on this one

[defenderyou]

I started a new thread on this, not realixing but wrangler shoed me the way here

Read my stuff on Members Forum if you want to see

[higherstocks]

THis one just keeps on moving.  Nice Find SetTravis.  Are you in?  I might be buying here. 

[setravis]

THis one just keeps on moving.  Nice Find SetTravis.  Are you in?  I might be buying here. 

Yes. Most everything I post about, sometime at a point in time will be holding some of it.
She is looking good. No debt, great potential with new product.

Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
16.26%above 13-day EMA
34.37%above 50-day EMA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $83.15 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 04/20/2006
Last Analyst Rating: Buy

[Terliso]

Nice stacked of breakouts
good job!!

[defenderyou]

Setravis and others:

As you know I am in and NENG is my contest pick - today we reached a double top on the new high - I think we will break thru tomorrow and wait till the new PR comes out next week

Great stock

Defenderyou

[setravis]

Press Release Source: Network Engines


Network Engines NS6250i Delivers Integrated Web Security to SMB Market
Wednesday March 8, 9:00 am ET 
New Appliance is the Most Compelling Price-Performance Approach to Deliver Microsoft ISA Server 2004 integrated with the full Websense Web Security Suite


CANTON, Mass.--(BUSINESS WIRE)--March 8, 2006--Network Engines, Inc. (NASDAQ-NENG), a leading appliance partner for Microsoft® security solutions, today announced availability of the NS6250i, the ideal web security appliance for small to medium-sized businesses (SMB). With a $2,995 MSRP, the NS6250i meets the web security needs of organizations with up to 100 users, delivering the full Websense® Web Security Suite(TM) integrated with Microsoft Internet Security and Acceleration (ISA) Server 2004 in a secure appliance.
The NS Series(TM) is a family of security appliances that unite application-layer security with web security to protect users, client devices, and core applications from a broad spectrum of Internet-based threats. Based on a full-featured version of ISA Server 2004, NS Series appliances combine ease of deployment with unified appliance management via NEWS(TM) - the Network Engines Web Services interface - to deliver the most comprehensive protection for Microsoft server assets at low Total Cost of Ownership (TCO).

"Anticipating the needs in the SMB market, Network Engines now delivers the top choice for organizations that wish to protect mission-critical applications including Outlook® Web Access, IIS, and SharePoint® Portal Services at a price point that meets customer requirements," said Mike Riley, vice president of marketing and corporate strategy for Network Engines. "Tight integration of Microsoft and Websense technologies with NEWS(TM) enables NS Series solutions to be deployed quickly and managed with unparalleled simplicity."

Other benefits of the NS6250i include:

Cost savings by locally caching the most-sought web pages, decreasing the demand for bandwidth
Increased employee productivity by accelerating access to frequently requested web content while blocking access to inappropriate, fraudulent, or malware-infected sites.
Websense Web Security Suite integration with ISA Server provides web security plus the ability to allow or disallow access to categories of web resources based on users, groups, and roles authorized through Active Directory.
Fully integrated security appliance includes automated tools that streamline configuration and update management to deliver low TCO.
The NS6250i supports up to 100 Websense users in a 1U rack-mount appliance that includes four front-mounted 10/100 NIC ports. NS Series Security Appliances are sold via VARs and strategic partners and Websense license keys are sold by Websense channel partners. For more information, e-mail [email protected], call 1-877-638-9323, or visit www.networkengines.com/NS6250i.

Network Engines - THE Appliance Company

Network Engines appliances are designed to ease the deployment, enhance manageability, and increase security of mission critical software applications.

Our heritage of providing technology products and services tailored supporting to the entire lifecycle of our customers appliances has made us the appliance partner of choice for software market leaders.

Founded in 1997, Network Engines is headquartered in Canton, Massachusetts and trades on the NASDAQ exchange under the symbol NENG. For more information about the Company's products and services visit: www.networkengines.com.

Safe Harbor for Forward-Looking Statements

Statements in this press release regarding Network Engines' (the "Company") future financial performance and any other statements about Network Engines' management's future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including those factors contained in the Company's most recent annual report on Form 10-K for the year ended September 30, 2005 and the most recent Form 10-Q for the quarter ended December 31, 2005 under the section "Risk Factors " as well as other documents that may be filed by the Company from time to time with the Securities and Exchange Commission. Forward-looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. The Company assumes no obligations to update the information included in this press release.

Network Engines and the Network Engines logo are trademarks of Network Engines, Inc. All other registered and unregistered trademarks in this document are the sole property of their respective owners.

Contact:
Network Engines, Inc.
Joni Moore, 508-308-7900
[email protected]

--------------------------------------------------------------------------------
Source: Network Engines

[setravis]

Had this one a few years back, was very profitable trade !
New recent 52 week high.... 
Support @ $2.71...2.39...2.27
Have to look at a 2 year chart to see any long term resistance area. @ $3.00...3.26...3.45

Recent CandleStick Analysis
Very Bullish
Mar-08-2006 Bullish Engulfing 

Technicals
Record Price High
Percentage Gainer
MACD is Bullish
Stochastic is Bearish

Last Price Quote is:
18.37%above 13-day EMA
39.50%above 50-day EMA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $96.82 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 04/20/2006
Last Analyst Rating: Buy

[lalitha0]

Is this still a buy?

I will buy a few shares tomorrow and add more if it goes down.

Great pick seTravis!

Lalitha

[setravis]

Setravis and others:

As you know I am in and NENG is my contest pick - today we reached a double top on the new high - I think we will break thru tomorrow and wait till the new PR comes out next week

Great stock

Defenderyou

Is this still a buy?

I will buy a few shares tomorrow and add more if it goes down.

Great pick seTravis!

Lalitha

Defenderyou, Good luck with it being your pick in the contest.

Lalitha0, I think looking for a minor pullback would be a nice opportunity to add more.


Recent CandleStick Analysis
Bullish
Mar-08-2006 Bullish Engulfing 


Technicals
Last Price Quote is:
13.09%above 13-day EMA
37.01%above 50-day EMA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $108.21 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 04/20/2006
Last Analyst Rating: Buy