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Bluesocket Closes 2006 with Record Fourth Quarter.


Company Achieves Run Rate Revenue Increase of 60 Percent; Expands Customer Base and Penetrates New Markets

BURLINGTON, Mass. -- Bluesocket, Inc., (www.bluesocket.com) the leader in open wireless network, security and management solutions, today announced record revenue for the fiscal year 2006, which ended on December 31, 2006, with a 60 percent increase in revenue in the fourth quarter versus the first quarter.

"Bluesocket's enhanced Wireless LAN A local area network that transmits over the air typically in the 2.4 GHz or 5 GHz unlicensed frequency band. It does not require line of sight between sender and receiver. Wireless base stations (access points) are wired to an Ethernet network and transmit a radio frequency over an area  product line and growing customer base directly contributed to the company's robust success in 2006," said Mads Lillelund, President & 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.  at Bluesocket. "Our leadership in wireless security, guest access management, MIMO (Multiple Input/Multiple Output) Pronounced "my-mo," it is the use of multiple transmitters and receivers (multiple antennas) on wireless devices for improved performance.  access point technology and ease of installation has helped us deliver superior solutions and service to our customers. We continue to innovate on all fronts within the LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used.  mobility space and will be introducing new products in Q1 of 2007.

In 2006, Bluesocket saw steady, strong sales of its BlueSecure Controllers, while sales of its BlueSecure Access Points tripled over the previous year. In addition to signing on more than 110 new customers each quarter of 2006, Bluesocket penetrated new vertical markets such as hospitality and public access. Customers that deployed the BlueSecure product line in 2006 include:

* City of Malden - to secure and manage the first municipal metro-scale mesh network A communications network in which there are at least two pathways to each node. If one of the paths fails, the other is still available.

A "fully meshed" network means that every node has a direct connection to every other node, which is a very elaborate and expensive architecture.
 in Massachusetts;

* Smart City - to provide user authentication See authentication.  and Internet bandwidth control at 13 major convention centers across the US;

* Elgin Community College Elgin Community College is a post secondary educational institution which awards Associate of Arts degrees. It was founded in 1949 as part of Elgin Area School District U46.  - to provide secure wireless access to students, faculty, staff and visitors;

* Providence Health System - to extend existing wireless capabilities to patients and their families at seven hospitals;

* Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality , Inc. - to handle the high usage demands of 24/7 wireless systems at six student properties;

* Yarra Plenty Libraries Melbourne - to provide library members with simple and secure Internet access, integrating directly with its SirsiDynix library management system;

* L'Ecole Nationale Superieure des Beaux-Arts (ENSBA) of Paris - to provide secure Wi-Fi access to students, teachers and guests throughout the 17th century buildings on the banks of the Seine River;

* National Oceanography Centre, Southampton The National Oceanography Centre, Southampton (NOCS) is a purpose-built, joint venture between the University of Southampton and the Natural Environment Research Council (NERC).  - to provide guest access to scientists visiting the institute for research conferences.

Capping off 2006, the company announced a partnership with Vocera to incorporate Bluesocket's VoIP security and QoS technology with Vocera Communications Badges, providing healthcare professionals instant voice communications access via their wireless infrastructures.

"We have always had a significant presence in the healthcare and education segments - and we'll continue to do so," continued Lillelund. "However, more and more, we are finding that customers in the hospitality and public access sectors are deploying Bluesocket's award-winning security capabilities to further enhance their wireless communications. We are also seeing early traction in the financial services vertical due to our technology leadership in wireless security. We are pleased to be able to expand our customer base to include these markets and will be announcing similar deployments in the months to come."

In the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?"
midmost
 of its record quarter, Bluesocket also strengthened its channel program by securing a distribution agreement with Exclusive Networks, one of the major IT distributors in France, as well as Sphinx sphinx (sfĭngks), mythical beast of ancient Egypt, frequently symbolizing the pharaoh as an incarnation of the sun god Ra. The sphinx was represented in sculpture usually in a recumbent position with the head of a man and the body of a lion, , one of the UK's leading IT distributors specializing in security and networking.

"2007 is going to be a big year for the wireless industry as a whole," said Aaron Vance, Senior Analyst at Synergy Research Group. "Enterprises plan to allocate a significant portion of their IT budgets to WLAN See wireless LAN.

WLAN - wireless local area network
 technologies this year. Bluesocket's solid product portfolio and customer base, along with its growth numbers in 2006, put the company in a favorable position to benefit from this industry trend."

About Bluesocket

Founded in 1999, Bluesocket is the leader in open wireless network, security and management solutions. Its complete WLAN solution portfolio delivers trust and simplicity to increasingly complex wireless networks. Thousands of BlueSecure Controllers, Access Points, Intrusion Detection Systems and BlueView Management Systems are deployed by leading enterprises that require high quality WLAN service. Bluesocket's long-standing expertise in wireless and security has attracted a large customer base that spans enterprise, education, healthcare, government, library and public access markets. Bluesocket customers can profit from their wireless networks by protecting existing investments, maximizing ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). , and increasing their competitive edge. For more information, please visit http://www.bluesocket.com.

Bluesocket, the Bluesocket logo and BlueSecure are trademarks or registered trademarks of Bluesocket, Inc. All other trademarks, trade names and company names referenced herein are used for identification only and are the property of their respective companies.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 14, 2007
Words:728
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