Continued Growth and Profitability by Ipswitch File Transfer Division.Q1 results reveal Ipswitch as one of the strongest, most stable file transfer solution vendors LEXINGTON, Mass. -- Ipswitch, Inc. File Transfer division, the leading developer of comprehensive secure and managed file transfer A managed file transfer (MFT) application is a software product that provides organizations with a holistic solution to their file transfer needs. The responsibilities of a MFT suite include securing the data by encrypting the transmission channel or the data itself, managing solutions, today announced that it has achieved another profitable quarter of growth, despite poor global economic conditions. "As a private company with a pristine pris·tine adj. 1. a. Remaining in a pure state; uncorrupted by civilization. b. Remaining free from dirt or decay; clean: pristine mountain snow. 2. balance sheet, we have been able to continue investing in areas that allow us to deliver increased value to our customers. This is why demand for our solutions remains strong, despite the economy," said Gary Shottes, president of the Ipswitch File Transfer division. Q1 2009 year-over-year increases in division revenue and profit were led by the following. * 14% growth in WS_FTP FTP in full file transfer protocol Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to secure file transfer server product sales * 36% growth in MOVEit enterprise managed file transfer product sales "These results were accomplished through continued innovation, focused execution, and dedication to our customers, and were key to our success in the first quarter, and in the previous 80 consecutive quarters," said Shottes. About Ipswitch File Transfer Ipswitch File Transfer builds software to securely move your most valuable data. The Ipswitch MOVEit([R])and WS_FTP([R]) brands deliver industry leading secure and managed file transfer solutions to over 40 million users worldwide -including the majority of Fortune 1000 enterprises and government agencies. These organizations trust Ipswitch File Transfer solutions to secure, manage, automate and streamline their most-critical file transfers and data workflows. We invite you to learn more at www.IpswitchFT.com or to contact us at www.IpswitchFT.com/contact, on LinkedIn or Twitter A Web site and service that lets users send short text messages from their cellphones to a group of friends. Launched in 2006, Twitter (www.twitter.com) was designed for people to broadcast their current activities and thoughts. . About Ipswitch, Inc. More than 100 million people worldwide use Ipswitch software to transfer files over the Internet using the market-leading MOVEit([R]) and WS_FTP([R]) brands of secure and managed file transfer clients and servers, monitor their networks with Ipswitch WhatsUp([R]), and communicate via Ipswitch IMail(TM) Server. Founded in 1991, the company is headquartered in Lexington, Massachusetts Lexington is a town in Middlesex County, Massachusetts, United States. The population was 30,355 at the 2000 census. The town is famous for being the site of the opening shots of the Battles of Lexington and Concord, the first engagement of the American Revolution. , has Research & Development and Sales centers in Georgia and Wisconsin and a European sales and support office in Amsterdam, The Netherlands. Ipswitch sells its products through distributors, resellers and OEMs in Asia, Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . Ipswitch values community involvement; visit http://icare.ipswitch.com to find out how to become involved. Visit www.ipswitch.com for more information on the company. Ipswitch, MOVEit, WhatsUp, and WS_FTP are registered trademarks of Ipswitch, Inc. IMail Server, MOVEit Central and MOVEit DMZ (DeMilitarized Zone) A middle ground between an organization's trusted internal network and an untrusted, external network such as the Internet. Also called a "perimeter network," the DMZ is a subnetwork (subnet) that may sit between firewalls or off one leg of a are trademarks of Ipswitch, Inc. All other product names are the property of their respective owners. |
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