Full Throttle Customer Surge Accelerates Optimal Networks Q4 Revenues to Record Level.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 11, 2000 Blockbuster block·bust·er n. 1. Something, such as a film or book, that sustains widespread popularity and achieves enormous sales. 2. A high-explosive bomb used for demolition purposes. 3. , General Motors, DaimlerChrysler Now Among Fortune 2000 Companies Using Optimal Networks eApplication Performance Solutions Optimal Networks Corporation, the leading supplier of software solutions that profile, predict, measure and diagnose eBusiness application performance, today announced it has achieved record revenue growth and sales for its 1999 fourth quarter. Significant Q4 revenue gains were realized in 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. with firms such as General Motors, DaimlerChrysler, New United Motors, Blockbuster, Warner Lambert, Chiquita Brands, Hewitt Associates Some of the information in this article may not be verified by . It should be checked for inaccuracies and modified to cite reliable sources. Hewitt Associates , ProBusiness, Yclip.com, Viant and Comdisco. In Europe, financial concerns such as Citibank, Landesbank, Standard Chartered Bank Standard Chartered Bank (LSE: STAN, HKSE: 2888 ) is a British bank headquartered in London with operations in more than fifty countries. It operates a network of over 1,600 branches (including subsidiaries, associates and joint ventures) and employs almost 60,000 , Dresdner Bank Dresdner Bank AG is one of Germany's largest banking corporations and is based in Frankfurt. History 19th century Dresdner Bank was established on 12 November 1872 through the conversion of financial institution Michael Kaskel. , Commerzbank AG, and Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. also contributed to the record growth. Optimal continued its strong presence in the financial industry in North America as well with Chase Manhattan, Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. , John Hancock, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Aon Service Corp., State Street Bank & Trust and The Equitable expanding their use of Optimal solutions. Jerry Ulrich, Optimal's president said, "Fourth quarter revenues doubled from last year. Both new and existing customers have quickly endorsed Optimal's newest solutions to meet their mission-critical challenge of having eBusiness applications that scale with reliable, fast performance to positively impact customer loyalty as well as revenue streams. Optimal's Application Performance Suite focuses on performance from development to production -- that appeals to our customers. This market has tremendous momentum heading into 2000." Installed Base Completes the Suite Further Q4 sales came from Optimal's existing Application Expert customers "who were 'completing the suite' in Q4 adding Optimal's Application Preview and Application Vantage to their portfolio," says Scott Stein, Optimal's VP, America Sales. Application Preview and Application Vantage, both on the market less than 6 months, provided nearly 40% of Optimal's license revenue in the fourth quarter. Optimal's Performance Suite speeds the deployment and enhances performance of eCommerce, Web and traditional Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) applications. Though they can be used separately, the solutions in the Application Performance Suite are integrated to share customer-specific application profile information. The response to the new eDynamics service announced late in Q4 has been very positive, which reinforces the need for performance solutions that assist companies across the entire application lifecycle. The rapid pace of development and change of Internet applications also contributed to Optimal's impressive sales growth. "Companies are realizing the need to maximize their ePerformance right out of the gate. Our sales have surged because these companies see their Internet performance as an integral component of overall growth," stated Laura Lilyquist, Optimal's vice-president of marketing. "Once a company is on the Web, there's no such thing as a learning curve." About Optimal Networks Optimal Networks provides eApplication Performance Solutions to enterprises harnessing the power of the Internet. Optimal's products focus on the critical areas of proactive prediction of eApplications prior to deployment, measurement of eApplication effectiveness and Website response time, and diagnosis of application brownouts. Optimal's products are used by eBusiness operations in more that 500 Fortune 2000 companies worldwide including Charles Schwab Charles Schwab can refer to:
Optimal Networks is a California corporation with principal offices at 2454 East Charleston, Mountain View, Calif. For further information about Optimal Networks, contact the company at 650/404-2200 or visit the Optimal Networks Website at http://www.optimal.com. Note to Editors: Optimal Application Expert, Application Preview, Application Vantage and eDynamics are registered trademarks of Optimal Networks Corp. All other companies and products as they appear in this bulletin are trademarks or registered trademarks of their respective owners. |
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