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Network Engines (NENG) Update

Big news out of Network Engines (NENG) today. I'm a bit upset the news is coming out so fast with company, since I still wanted to buy more, but it's better to have some shares rather than none. Buy the stock on any dips.

he news is that NENG partnered up with Websense "to offer customers an innovative worldwide program designed to provide demand generation, upgrade programs, and channel enablement for Websense® Web Security Suite(TM) and Microsoft Internet Security & Acceleration (ISA) Server software integrated with the Network Engines NS Series Security Appliances." (Note: The NS Series is Network Engine's (NENG) product).

Also from the press release:
"Customers have asked us to provide a comprehensive solution to their growing Web security needs," said David Feldman, senior product manager of the Security, Access and Solutions Division at Microsoft Corp. "We've come together to offer an innovative solution that builds on the combination of strengths from ISA Server and the NS Series appliance integrated with Websense Web Security Suite, which gives customers ease of use and the necessary components to better secure their organization's infrastructure."

This news is important since it provides the NS Series, from NENG, with better credibility and wider distribution. As mentioned, in my initial write-up of NENG (Click Here to read it), NENG stock can move up significantly this year as the NS Series, a proprietary product with high margins, gains traction.

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