* Also: Juniper posts 15% hike in Q2 sales; Avici turns cash-flow positive
IDG News Service reports that Cisco’s products will come under scrutiny again at this year’s Black Hat conference, which kicks off later this month in Las Vegas. Conference organizers say that 15 new exploits will be discussed at this year’s event and that two of them target Network Admission Control and VoIP vulnerabilities that affect products from a number of vendors, including Cisco. Last year, Cisco sued Black Hat conference organizers after security researcher Michael Lynn demonstrated a method for running unauthorized code on a Cisco router. Cisco saw it to be a dangerous disclosure of information that could be used to harm the Internet’s infrastructure.
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Juniper posted a 15% hike in second quarter sales but postponed an earnings report due to a stock option investigation. Juniper said it would not disclose earnings for the quarter until it determines non-cash charges and tax implications from the backdating of stock option grants. Backdating refers to a practice in which the actual measurement dates for financial accounting purposes of certain stock option grants issued in the past differ from the recorded grant dates. Juniper said its board is continuing an investigation of the practice within the company and has “reached a preliminary conclusion” that backdating took place.
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Avici Systems turned cash flow positive in the second quarter based on a profit of $8.5 million and sales of $25.3 million for the period ended June 30. Sales more than doubled from the $11.6 million posted in the second quarter of 2005. “Due to a surge and acceleration in demand this quarter’s revenue and bottom line results have far exceeded our expectations,” said Avici CEO Bill Leighton, in a statement.
