AlterPoint Announces Record Third Quarter Results.Product Innovation, Customer Validation Demonstrate Continued Business Momentum AUSTIN, Texas -- AlterPoint, Inc. (www.alterpoint.com) a leading provider of network governance software, today announced record growth in the third quarter as demonstrated by competitive and strategic customer wins, industry support for the ZipTie Open Network Alliance and an expanded product portfolio designed to meet the current and future needs of the world's largest enterprise networks. The company realized a 96 percent increase in sales over the same quarter last year. "Our success this quarter reflects an evolution in customer thinking - moving beyond issues of network change and configuration management, to more strategic concerns of IT governance and regulatory compliance," said Scott Harmon, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AlterPoint. "Building on our experience, innovation and unwavering commitment to customer care, we continue to invest in industry-leading solutions that help customers transition from the traditional "break-fix" model of network management to one of proactive network governance. For the first time, our customers have a single, integrated platform to address both the operational and business aspects of large-scale IP networks." AlterPoint highlights and accomplishments include: * Record-breaking Sales: sales for the third quarter increased 96 percent over the same period last year. * Customer Validation/Market Adoption: more than 125 customers worldwide now rely on AlterPoint solutions to manage 250,000-plus network devices. * Product Innovation: with the release of NetworkAuthority 6, the industry's first open, network governance solution, AlterPoint quadrupled its product offering and set a new bar for required capabilities in a network management solution. * Geographic Expansion: year-to-date sales in Europe increased 184 percent over total European sales in 2006 * Open Source Initiatives: the ZipTie Open Network Alliance officially launched with support from industry-leading technology vendors Citrix Systems Citrix Systems' (NASDAQ: CTXS) is an American technology company, based in Fort Lauderdale, Florida, with subsidiary operations in California and Massachusetts, with additional development centers in Australia, India and the UK. , Force10 Networks, Fortinet, Juniper Networks Juniper Networks, Inc. (NASDAQ: JNPR) is an information technology company based in Sunnyvale, California and founded in 1996. The company designs and sells Internet Protocol network products and services. , Radware, Riverbed Technology Riverbed is a corporation providing wide area data services (WDS). Riverbed Technology's world headquarters is located in San Francisco, California. and Vyatta, among others; in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem" tandem , the ZipTie Open Source Network Management Project announced new enterprise class capabilities, now scaling to hundreds of users and tens of thousands of managed devices. * Industry Leadership: AlterPoint CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. Roger Castillo was elected to the Open Vulnerability and Assessment Language Open Vulnerability and Assessment Language (OVAL) is an international, information security, community standard to promote open and publicly available security content, and to standardize the transfer of this information across the entire spectrum of security tools and (OVAL) Board; Dr. Jennifer Rexford, Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities professor, joined AlterPoint's Technical Advisory Board. "Analysts predict more than 50 percent year over year growth in the network configuration management space over the next three years - and AlterPoint is on pace to meet or beat those expectations," said John Thornton John Thornton is the name of:
About AlterPoint, Inc. AlterPoint network governance solutions optimize network spend and better align IT with business imperatives. The world's most respected enterprises rely on AlterPoint to curb hardware over-provisioning, reduce specialized labor, lower the cost of compliance, and improve the availability of network services. AlterPoint's open, comprehensive network CMDB CMDB Configuration Management Data Base CMDB Composite Modified Double Base (Propellant) CMDB Control and Monitor Display Builder CMDB Call Management Database combines operational and business data to automate, analyze and optimize network change, compliance, security and equipment lifecycles. Multiple stakeholders benefit from AlterPoint's customizable analytics and dashboards for impact assessment, faster troubleshooting, compliance scorecards and trend analysis. Founded in 2001, AlterPoint is headquartered in Austin, Texas. For more information, please visit http://www.alterpoint.com. (c) 2001-2007 AlterPoint, Incorporated. All Rights Reserved. AlterPoint, NetworkAuthority, DeviceAuthority, and their respective logos are trademarks of AlterPoint, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other jurisdictions. All other company or product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies. |
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