Colubris Networks Posts Record Revenues in 2007 Fueled by Significant Customer Wins...

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Tue Jan 15, 2008 10:05am EST

Colubris Networks Posts Record Revenues in 2007 Fueled by Significant Customer
Wins and Substantial Channel Growth
Industry analysts recognize the success of Colubris' vertically focused
enterprise strategy, optimized WLAN architecture and cost-effective solution
for 802.11n migration

    WALTHAM, Mass., Jan. 15 /PRNewswire/ -- Colubris Networks, the leading
global provider of intelligent wireless LANs (WLANs) for enterprises and
service providers, today announced the company's notable 2007 achievements,
including closing its sixth consecutive quarter of record revenues, adding 134
resellers, achieving numerous customer wins across key verticals, making
strategic additions to its management team and signing a worldwide
distribution agreement with Avnet Technology Solutions. In addition, Colubris
was positioned in Gartner, Inc.'s 2007 Wireless LAN Infrastructure Magic
Quadrant(i), an evaluation of the market vendors based on completeness of
vision and ability to execute.
    "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:


    -- 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.
    About Colubris
    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 Colubris on the Web at
www.colubris.com.
    (i) Gartner, Inc. "Magic Quadrant for Wireless LAN Infrastructure, 2007"
        by M. King and K. Dulaney. December 20, 2007

    MEDIA CONTACT:  Carl Blume
                    Colubris Networks, Inc.
                    781-547-0325
                    cblume@colubris.com
                    http://www.colubris.com

SOURCE  Colubris Networks

Carl Blume of Colubris Networks, Inc., +1-781-547-0325, cblume@colubris.com
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