ActiveState Achieves Record Growth; Massive Demand for Anti-Spam Software Fuels Company Expansion.Business Editors/High-Tech Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--May 13, 2003 ActiveState(TM) Corp., the leader in anti-spam software for enterprises and programming tools for open source developers, had a record year in 2002 and another record quarter in Q1 2003. The company has doubled in size in the past year and attained its best ever financial results in gross billings, profitability, and cash flow. Revenues increased by more than 100% over the preceding year, driven largely by the significant adoption of PureMessage(TM), the company's enterprise email management software for spam E-mail that is not requested. Also known as "unsolicited commercial e-mail" (UCE), "unsolicited bulk e-mail" (UBE), "gray mail" and just plain "junk mail," the term is both a noun (the e-mail message) and a verb (to send it). protection, virus protection, and corporate policy enforcement. Major customers include: Choice Hotels, Cornell University Cornell University, mainly at Ithaca, N.Y.; with land-grant, state, and private support; coeducational; chartered 1865, opened 1868. It was named for Ezra Cornell, who donated $500,000 and a tract of land. With the help of state senator Andrew D. , EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , Forbes, Handspring, Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. , Pacific Gas & Electric, QLogic, SAP America, Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. , United Space Alliance, Verizon, Vignette Vignette A symbol or pictorial representation of the corporation on a stock certificate. Usually a complicated and artistic design, it is meant to make the counterfeiting of stock certificates as difficult as possible. , and Wyeth-Ayerst Pharmaceuticals. Over 70% of the Fortune 500 are ActiveState customers. This growth has fueled numerous senior hires both from the U.S. and locally from Vancouver. New members to ActiveState's executive team include Paul Maurer, vice president of sales, services, and customer care; and Kymber Hodges, vice president of marketing. These senior executives will be instrumental in driving the strategy behind the company's sales growth in the anti-spam market and successful penetration of large organizations. Maurer has been an advisor to ActiveState for the past ten months, and will now join the company's executive team to lead its sales, services, and customer care organizations. He brings more than 20 years of sales expertise to ActiveState, and has led successful teams in sales, marketing, alliances, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , and product development. He comes to ActiveState from Oracle, where he was area vice president for Western Canada
Western Canada, commonly referred to as the West and held responsibility for large sales, support, and services. Hodges has more than 15 years of management experience in brand management, promotions, advertising, interactive online marketing, and web development. Prior to joining ActiveState, Hodges was director of enterprise marketing at VeriSign. Previously, Hodges served as vice president of product marketing for RHC RHC Rural Health Clinic RHC Radio Habana Cuba RHC Rio Hondo College RHC Rural Health Centers RHC Residence Hall Council RHC Receding Horizon Control RHC Right-Hand Circular RHC Regional Holding Company RHC Robinson Helicopter Company Media Inc, publishers of Red Herring Red Herring A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company. Notes: . She also held a number of management positions at VISA USA, including director of operations and director of eVisa. "Maurer and Hodges add depth to an already-strong management team, and will help provide the vision and experience we need to continue our profitable growth," said Steve Munford, president, ActiveState. "Leadership of this caliber ensures we are properly positioned to fully capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the rapidly growing anti-spam and content filtering See Web filtering and parental control software. market, which is anticipated to reach $1.6 billion US by 2006. We're taking significant steps to effectively support our growth and customer base, including recent additions to our sales and marketing force, a new call center, and direct and online marketing initiatives." "ActiveState has done a phenomenal job in capturing market share in the enterprise anti-spam space in the past year," said Paul Maurer, vice president of sales, services, and customer care, ActiveState. "I look forward to expanding an extremely talented team armed with an email filtering solution that is exceptionally well suited to the demanding needs of the large enterprise." "I'm excited to take ActiveState's successful brand in the open source programming arena and help bring it to the same dominant position in email management," said Kymber Hodges, vice president of marketing. "We see a great synergy in our different lines of software and plan to capitalize on their common mindshare within the IT departments of large organizations." To help maintain its 30% quarter-over-quarter growth, the company is continuing to add to its team and is hiring at all levels. More details can be found at http://www.ActiveState.com/Careers or email Careers@ActiveState.com. About ActiveState Corp. ActiveState is the leading provider of software solutions that increase developer productivity and organizational efficiency through the innovative use of open source technology. The company's PureMessage product empowers organizations to take control of their email communications to protect against spam and viruses, and to enforce email policy. Additional information on ActiveState's industrial strength anti-spam software for enterprises and programming tools for open source language developers is available at: http://www.ActiveState.com. ActiveState and PureMessage are trademarks of ActiveState Corp. All other company names herein may be trademarks of their respective owners. (C) ActiveState Corporation 2003. |
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