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Netuitive Reaches Profitability and Achieves Record Growth in 2006.


Company Experiences Tremendous Momentum Following Launch of Next-Generation BSM BSM Business Service Management
BSM Basic Security Module
BSM Best Stations Memory (Pioneer car stereos)
BSM Business Systems Modernization
BSM Bronze Star Medal
BSM Black Student Movement
BSM Benilde-St.
 Solution

RESTON, Va. -- Netuitive, Inc., the leader in real-time analysis software for business service management (BSM), has experienced record momentum during the past 12 months, further solidifying its leadership position. With revenues growing at 500% year-over-year, the company achieved profitability six months ahead of schedule. During this time, Netuitive has also increased its customer base by 50% and closed several multi-million dollar deals.

"Netuitive is at the forefront of a rapidly growing market," stated Nicola Sanna, 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.  and President for Netuitive. "We are growing exponentially and achieving market validation. Our patented technology coupled with a sound business model has made us the company of choice for organizations looking to accelerate their BSM initiatives. NetuitiveeIUs customer momentum shows that end-users are ready to deploy BSM if it can be made simple."

Most recently Netuitive closed several large, enterprise-wide customer deals, including those with Kroger, Cincinnati Financial Cincinnati Financial Corporation (NASDAQ: CINF) offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. , and The U.S. Air Force. In addition, the company has integrated its technology with additional systems-monitoring solutions from CA, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Oracle and VMware.

"We invested in Netuitive when we recognized that a more automated approach was required to deal with the proliferation of real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided.

Some uses of this term confuse it with the term dynamic data.
. This need is only accelerating and NetuitiveeIUs success is proof. WeeIUre extremely pleased with the companyeIUs vision and execution that has resulted in industry interest and a very impressive customer roster," said Ido Sarig of Thomas Weisel Venture Partners.

According to according to
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1. As stated or indicated by; on the authority of: according to historians.

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3.
 Dennis Drogseth, vice president, at industry analyst firm Enterprise Management Associates, "EMA (1) (Enterprise Management Architecture) An earlier strategic plan from Digital for integrating network, system and application management. It provided the operating environment for managing a multi-vendor network.  forecasts that business service management will become a key growth area in the IT industry for the next 5 to10 years, and analytics is one of the most critical, relevant enabling technologies behind the IT process automation as well as other key areas of industry growth. Netuitive's accelerating success in the marketplace serves to confirm that there is a definite market appetite for real-time analysis software."

About Netuitive, Inc.

Netuitive is the leading provider of real-time analysis software for business service management (BSM). NetuitiveeIUs products automate the deployment and administration of BSM, enabling organizations to guarantee service levels and significantly lower IT operational costs. Netuitive software automatically analyzes and correlates all of an organizationeIUs performance monitoring data in real-time, requires no manual configuration or specialized programming and delivers Trusted Alarms(TM) -- the industryeIUs most reliable indicators of impending im·pend  
intr.v. im·pend·ed, im·pend·ing, im·pends
1. To be about to occur: Her retirement is impending.

2.
 service problems. Netuitive partners with leading BSM vendors, including BMC (BMC Software, Inc., Houston, TX, www.bmc.com) A leading supplier of software that supports and improves the availability, performance, and recovery of applications in complex computing environments. , NetIQ, HP, Microsoft, CA and IBM and has Global 1000 customers, generally realizing a return on investment in less than two months, such as Dow Jones, BlueCross BlueShield, Harley Davidson and Priceline.com. For more information, please visit www.netuitive.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 5, 2006
Words:442
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