AppSense Reports Impressive 2005 Growth As Demand Accelerates for Application-Level Security Solutions
Posted on: Wednesday, 8 February 2006, 12:00 CST
AppSense Ltd., a security software specialist, today announced exceptional results for CY 2005, driven by rapid adoption of solutions that protect against malware, prevent unauthorized application use and preserve endpoint environments. The company reported revenue CAGR of 72% from 2002 to 2005, CY 2005 revenue increase of 39%, a profit uplift of 60% over the previous year, and the addition of more than 400 new customers.
"Last year was momentous for AppSense, as the global need for proactive, application-level security solutions reached a tipping point. We anticipate even greater success in 2006," said Charles Sharland, CEO, AppSense. "There's growing recognition that network security and firewalls are not sufficient protection against increasingly savvy hackers and inadvertent employee misuse. Our customers proved time and again that using AppSense Desktop Security solutions keeps their endpoints secure and pristine, and has a dramatic affect on overall productivity for both the IT organization and the end-user base."
Customers, such as The Mechanics Bank, concur. According to Ray Anderson, Lead Systems Engineer, The Mechanics Bank, "AppSense has had a tremendous impact on our business. We can secure and control our application environment in a completely proactive manner. Not only are our operational and customer-facing applications totally protected, they require less hardware and administrative overhead to manage."
Additional 2005 AppSense milestones include: -- Launched Desktop Security solution -groundbreaking solution that combines the previously released AppSense Application Manager with the new AppSense Environment Manager. Together the solutions provide out-of-the-box protection against known and zero-day attacks, completely preventing unwanted applications transmitted via email, instant messenger and other means from running; prevent unauthorized application use; and preserve the endpoint configuration. -- Expanded Customer Base - Added 400 new global customers including such notables as Polo Ralph Lauren, Deutsche Bank, Unilever and NTL. AppSense reached the milestone of 2,000 customers. -- Industry Recognition -- Ranked in top 100 UK technology companies for second year running by The Sunday Times Microsoft Tech Track 100. -- Listed in the Tornado100 as one of the best-performing and innovative high-tech private companies in Europe and Israel -- Expanded Channel Network - Grew authorized reseller base and strategic partnerships with systems integrators including CSC, EDS and Cap Gemini and OEM agreements with HP. -- Grew global employees by 70%, with aggressive expansion in North America. -- Strategic Partnerships - Joined the Advanced IBM Business Partner Program and the Blade Center Alliance, became IBM ServerProven and joined the VMware Technology Software Alliance program.About AppSense
Today organizations of all sizes are challenged with improving the security, efficiency and cost-effectiveness of their IT infrastructure. AppSense software has solved these problems for thousands of organizations across the world such as EDS, Alstom, HP, Deutsche Borse, National Blood Service, British Telecom, Home Shopping Network, Daimler Chrysler, CSC and BAA. AppSense Desktop Security uniquely provides proactive, application-level security that protects against malware, prevents unauthorized application use and preserves enterprise endpoint environments. AppSense solutions have been designed for servers and desktops that are based upon the Microsoft Windows platform and are ideal for Terminal Servers, Citrix Presentation Server(TM), Web Services and other critical business systems. AppSense operates through a world-wide channel of certified partners with offices throughout North America, EMEA and Asia Pacific. For more information, visit www.appsense.com.
AppSense is a trademark of AppSense Ltd. Other brand or product names are trademarks or registered trademarks of their respective holders.
Source: Business Wire
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