Ecora Announces Record Third Quarter Sales

Ecora, the leader in change and configuration management software solutions supporting IT control, compliance, and security, is today announcing record third quarter sales with 15 percent year-over-year growth. In the third quarter, Ecora also added over 64 new customers to its growing list of more than 3,500 worldwide customers in over 40 countries.

"Regulatory compliance and IT security continue to be the market drivers for our change and configuration management software solutions," said Alex Bakman, founder and CEO of Ecora. "When our customers look at our products to solve one of these critical IT issues, they quickly learn that change and configuration management is integral to many other areas such as disaster recovery, change management, and troubleshooting. Our customers are rapidly achieving returns on their Ecora investments and that’s really fueling our growth."

In the company’s third quarter, Ecora significantly grew its sales organization and added product management resources to work more closely with its growing customer base. The company was also recognized by two industry sources for its phenomenal growth. Deloitte named Ecora one of the fastest growing companies in New England with five year revenue growth of 830 percent. And, Ecora made the Software 500, a listing of the 500 largest software vendors in the world, for the first time.

Ecora’s 2005 third quarter highlights include:

– 15 percent year-over-year third quarter sales growth

– 25 percent year-to-date sales growth

– 64 new customers added

– Announced a strategic partnership with ASG to add Ecora’s leading change and configuration management software to its product offering

– Ranked 23 fastest growing company by Deloitte New England Fast 50 with 830 percent revenue growth between 2000-2004

– Ecora ranked 423 on the Software 500, Software Magazine’s list of the world’s foremost software and services providers

– Released Enterprise Auditor v. 3.6.2 including built-in report mapping to HIPAA security rules, and multiple ease of use enhancements

About Ecora Software

Proven in over 3,500 worldwide customer sites, Ecora’s leading enterprise-wide change and configuration management software solutions are designed to reduce the time and costs associated with IT control, compliance, and security. By providing automated, centralized solutions to collect, analyze, and report on the most in-depth, multi-platform configuration information across enterprise operating systems, applications, databases, and networking devices. Ecora works to optimize IT environments and delivers an immediate return on investment. For more information about Ecora, visit www.ecora.com.