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Oblicore, the Service Level Management Company, Sets Record Growth for 2007.



Company Drives Service Level Management Market Leadership with Growth in Customer Base, Revenue, and Analyst Accolades

CAMBRIDGE, Mass. -- First graph, third sentence of release should read: As a result of this growth, Oblicore has doubled in sales over the past two years with license bookings growing by close to 100% in 2007 (sted "...in 2006").

The corrected release reads:

OBLICORE, THE SERVICE LEVEL MANAGEMENT COMPANY, SETS RECORD GROWTH FOR 2007

Company Drives Service Level Management Market Leadership with Growth in Customer Base, Revenue, and Analyst Accolades

Oblicore, the leading provider of Service Level Management software, today announced its results for 2007. The results for this period extend Oblicore's pattern of growth for the past four years. As a result of this growth, Oblicore has doubled in sales over the past two years with license bookings growing by close to 100% in 2007.

This period also marked a significant increase in the size of Oblicore's customer base, with new customers 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. , Asia Pacific, and Europe. These customers came from a number of industries and included several new agreements with Telecommunications companies and Service Providers. Of particular note was a Global Enterprise License Agreement with a top ten provider of Telecommunication Services and a Multi-Year Licensing Agreement with one of the world's top five Global Outsourcing Vendors.

Says Michael Carabetta, 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.  of Oblicore, "The strong growth over the past year is indicative of the accelerating growth of the Service Level Management market. Particularly encouraging is the showing in the telecommunications and the service provider industries where an increasing number of companies are leveraging Oblicore Guarantee to manage their internal and external SLAs. Furthermore, Oblicore's expansion into countries as far reaching as Switzerland, Slovenia, and Australia, is proof positive of our growing presence in the global market."

This impressive performance was driven by the release of Oblicore Guarantee 4.0 in January 2007 and Oblicore Guarantee 5.0 in September 2007. These releases feature major enhancements to the usability and functionality of the Service Level Management solution and improve the customer's ability to define the service catalog A service catalog, as defined in ITIL Service Delivery, is a list of services that an organization provides, often to its employees or customers. Each service within the catalog typically includes:
  • A description of the service
, establish contractual obligations and measurements, and report on these obligations.

As a result of its continued growth and innovation, Guarantee received "Best in Class" reviews from several leading analyst companies. These reviews include leadership positions in both the Forrester 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.
 Marketwave and the Yphise SCM (1) (Software Configuration Management, Source Code Management) See configuration management.

(2) See supply chain management.
 Vendor Assessment. In addition, with a rank of 150, Oblicore was named to Inc. 500 List of Fastest-Growing Private Companies.

"The momentum of the Oblicore Guarantee solution, both in the marketplace and in the analyst community, is remarkable," says Carabetta, "Our company continues to make great strides and is clearly setting the pace for the Service Level Management industry."

About Oblicore

Oblicore is the leading provider of ITIL (Information Technology Infrastructure Library, www.itil.co.uk) One of the more comprehensive as well as non-proprietary and publicly available sets of guidelines for "best practice" IT services management, owned by the British Office of Government Commerce (OGC).  compliant Service Level Management software. Our flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Oblicore Guarantee[TM], automates, activates, and accelerates the monitoring, reporting, and management of all business technology SLA's and service delivery for enterprises and service providers. An enabler of business management, Oblicore Guarantee[TM] allows organizations to understand the cost implications of service delivery agreements - in real time - for penalties, rewards, and new opportunities. For the first time, enterprises and service providers have complete visibility and can proactively manage service delivery across business and technology infrastructure from one solution.

Oblicore's software solutions are leveraged by both service providers and global 1200 enterprises, such as ABN Amro ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) , BT, Cable & Wireless, E.ON E.ON Energy On (German energy company) , Lufthansa Systems Lufthansa Systems AG is one of the world’s leading IT service providers for the airline and aviation industry. It has around 3,320 employees in several locations in Germany and offices in 17 countries and is headquartered in Kelsterbach near Frankfurt. , Siemens Medical Solutions Siemens Medical Solutions (Siemens Med) is a supplier to the healthcare industry, and is headquartered in Erlangen, Germany. Its U.S. division, Siemens Medical Solutions USA, Inc., is a Delaware corporation, with headquarters in Malvern, Pennsylvania. , and T-Systems, to align their organizational performance Organizational performance comprises the actual output or results of an organization as measured against its intended outputs (or goals and objectives).

Specialists in many fields are concerned with organizational performance including strategic planners, operations,
 with business objectives. Oblicore is headquartered in Cambridge, Massachusetts, with offices across North America, Europe, and Asia Pacific. For more information, please visit http://www.oblicore.com.

Copyright (c) 2007, Oblicore, Inc. All rights reserved. Oblicore[TM], Oblicore Guarantee[TM], Oblicore ACE[TM] and Oblicore Contract Center[TM] are trademarks of Oblicore, Inc. All other trademarks and registered trademarks are the property of their respective owners.
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Publication:Business Wire
Date:Feb 7, 2008
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