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NetVision Achieves 50 Percent Year-Over-Year Growth in Q1 and Q2 2002; Building on NetVision's Three-Fold Growth During 2001, the Company Adds Key Fortune 1000 Accounts in 2002.


Business Editors/High-Tech Writers

NetVision Inc., the world's leading provider of network directory and policy management solutions, Tuesday announced that the company's financial results have achieved 50 percent year-over-year growth in Q1 and Q2 2002.

In addition, the company has attained at·tain  
v. at·tained, at·tain·ing, at·tains

v.tr.
1. To gain as an objective; achieve: attain a diploma by hard work.

2.
 a number of strategic customer wins during the past several months. Notable new customers of NetVision's Policy Management Suite include leading Fortune 1000 companies such as Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , Conseco, Kroger, Rockwell Scientific and Siemens Corp.

NetVision's Policy Management Suite combines the company's award-winning Synchronicity synchronicity (singˈ·kr  product with DirectoryAlert and ServerAlert products that provide organizations with a complete enterprise-wide solution for managing network use and for protecting computer networks from insider attacks.

"We're helping companies achieve better efficiency from their current network investments by eliminating the policy management problems that can take up virtually all of a network administrator's time," said Jim Allred, vice president of marketing, NetVision Inc.

"However, the biggest value we're providing our Fortune 1000 customers is the fact that our software is able to automatically enforce network policies, thereby heading off and correcting misuse and security problems before they occur."

NetVision's current financial success reflects the growth and management strategy of Todd Todd , Sir Alexander Robertus 1907-1997.

British chemist. He won a 1957 Nobel Prize for his study of nucleic acids and nucleotide structures.
 Lawson, NetVision's president and chief executive officer.

"We recognize that NetVision represents one of the unusual business scenarios wherein where·in  
adv.
In what way; how: Wherein have we sinned?

conj.
1. In which location; where: the country wherein those people live.

2.
 a technology solution reaches its market at the ideal time," Lawson said.

"NetVision's comprehensive security products are well ahead of other similar offerings. And the need for the level of security our products provide is one of the key factors that is poising NetVision to multiply mul·ti·ply
v.
1. To increase the amount, number, or degree of.

2. To breed or propagate.
 its growth several fold over the next 1-2 years."

Lawson also noted that the Mountainwest Venture Group named NetVision Utah's Fastest Growing Technology Company in late 2001.

About NetVision Inc.

NetVision Inc. is acknowledged in the high-tech industry as a pioneer and innovator in multi-vendor directory integration. Global Event Services (GES GES GTN (Global Transportation Network) Exercise System
GES General Estimates System (NHTSA)
GES Ghana Education Service
GES Government Economic Service (UK) 
(R)), NetVision's patented real-time event system, is the foundation for the Policy Management Suite that helps systems administrators reduce their workload The term workload can refer to a number of different yet related entities. An amount of labor
While a precise definition of a workload is elusive, a commonly accepted definition is the hypothetical relationship between a group or individual human operator and task demands.
 and make their networks more reliable, cost-efficient, and secure.

Information about NetVision and its products is available on the World Wide Web at http://www.netvision.com. For additional information, phone: 801/764-0400, fax: 801/764-0600 or e-mail: info@netvision.com.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 25, 2002
Words:375
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