COLUBRIS NETWORKS POSTS RECORD REVENUES IN 2007.
"Industry analysts continue to recognize Colubris' accelerating growth and excellent trajectory in the WLAN market. And, with our solution's unique architecture, Colubris is ideally positioned to continue seizing market share in 2008 as organizations worldwide seek to deploy 802.11n," said Tom Racca, vice president of marketing for Colubris. "The milestones we surpassed in 2007 are testament to the unwavering commitment of our staff, our vertical focus, the technological superiority of our solutions and the unique architecture we provide for a cost-effective, successful migration to 802.11n."
"As 802.11n increases the reliability, predictability and performance of enterprise WLANs, it sets the stage for broader coverage, support for business-critical applications and increasingly turns the WLAN into a strategic IT investment," said Daniel Corsetti, senior analyst, enterprise networks, IDC. "Colubris' hybrid architecture and focus on key vertical markets should help them capitalize on the continued health of the WLAN market."
Key milestones for Colubris Networks in 2007 included the following:
-- Record annual revenues, a sixth consecutive quarter of record growth and accelerated year-over-year growth helped Colubris outpace the overall WLAN market.
-- Continued geographic diversification with revenue split 48% in North America, 38% in EMEA and 14% in Asia/Pacific.
-- Thousands of customers worldwide, including new engagements with City of Paris, University of the South, Palmer College of Chiropractic, Asan Medical Center, the country of Singapore, Alstom, Charles DeGaulle Airport and City of Luzern.
-- A global distribution agreement with Avnet Technology Solutions, through which Avnet will offer Colubris' complete portfolio of enterprise-class WLAN solutions.
-- Key appointments to the executive management team, including Rob Scott as president and CEO, Peter Minihane as COO and CFO, Tom Racca as vice president of marketing, Gary Mead as vice president of international sales and Jerry Stabile as vice president of North America sales.
-- Continued product innovation with the announcement of an enterprise- class 802.11n access point (MAP-625), making Colubris the only company to offer a centrally managed WLAN networking solution that enables migration from legacy standards to 802.11n without disruptive upgrades, architectural changes or additional peripheral equipment. Colubris also announced the tri-radio MAP-630 for dedicated, real-time RF security monitoring.
-- Joined the Payment Card Industry (PCI) Security Standards Council and delivered the industry's first WLAN solution for full PCI compliance without compromising network performance.
-- Forged and expanded key partnerships with Nortel, Juniper, Alcatel and BAXL.
Colubris is the first and only WLAN solution to use distributed intelligence to optimize network performance, deliver multiple wireless applications and offer a smooth, cost-effective migration to 802.11n. Colubris' distributed architecture consists of intelligent access points (APs) that forward traffic and enforce security and prioritization policies, and a centralized controller that manages and controls all the APs. Based on this architecture, wireless traffic travels through the LAN directly to its destination without taking a detour through the WLAN controller. This approach reduces latency and avoids bottlenecks that arise with competing WLAN solutions, particularly as they attempt to accommodate high-capacity wireless standards like 802.11n. With its unique architecture, Colubris is strongly positioned to continue gaining market share as companies adopt 802.11n.
About the Magic Quadrant
The Magic Quadrant is copyrighted December 20, 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Colubris Networks is the leading global provider of intelligent wireless networks (WLANs) for enterprises and service providers. Its optimized WLAN switching systems deliver unmatched bandwidth efficiency, seamless mobility and secure, easy access for thousands of organizations and 40 million users worldwide. With its "future proof" architecture, Colubris provides organizations with the most cost-effective migration from legacy standards to 802.11n. Its systems unify and integrate with existing network infrastructures, as well as security and management systems. Colubris' numerous recognitions include Red Herring's top 100 private companies in North America, Fierce Wireless Fierce 15, CRN's Emerging Tech Vendors and Mobile Trax Mobility Award.
For more information, visit http://www.colubris.com or call 781/547-0325.
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|Publication:||LAN Product News|
|Date:||Feb 1, 2008|
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