AmberPoint Announces Sales Growth of More Than 40 Percent for the First Half of Its Year
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Application Management Leader Achieves Impressive Sales Results over Last Year OAKLAND, Calif.--(Business Wire)-- AmberPoint today announced strong financial performance for the first half of its fiscal year, a period in which the company significantly broadened its customer base and continually enhanced its industry-leading management solutions. In the six months ended September 30, 2009, AmberPoint increased its sales by 44 percent over the same period in the prior year. The company grew its twelve month trailing performance by 22 percent. "Last year was challenging for software companies and the market as a whole, so we`re encouraged by our ability to secure new customers and to grow the size and scope of the follow-on business from our installed base," said John Hubinger, AmberPoint CEO. "We`ve seen enterprises continue to fund strategic IT projects, and our solution plays an important role in those projects. Our strong sequential results and our pipeline growth position us well for ongoing success." Organizations implement distributed applications to reduce costs and increase the agility of their information systems. However, to realize the full benefits of these complex, heterogeneous systems, they must address performance, reliability, transaction visibility and security issues. These problems are more challenging with composite applications. More organizations choose AmberPoint Management System to meet these requirements than any other solution on the market. AmberPoint has shown consistent growth. In August, the company announced a 40% year-over-year increase in its installed base. AmberPoint attributes its ongoing success to several factors: * Broad market interest in application performance management capabilities that span application flows. * Organizations are increasingly recognizing the value that end-to-end transaction management brings to their distributed applications. * After their initial success with composite applications, AmberPoint customers typically grow their systems significantly, resulting in strong follow-on sales. * The company has continually added important new capabilities to its products, and has grown its market opportunities by extending the realm of application components and infrastructure it manages. In related news, AmberPoint also announced today that its management software now instruments business process managers (see "AmberPoint Brings Application Management Capabilities to Business Process Managers") as well as comprehensive management for the Oracle platform (see "AmberPoint Announces the Industry`s Most Comprehensive Application Management for Oracle"). About AmberPoint AmberPoint provides the world's most widely distributed and implemented solutions for governing and managing composite applications. Utilizing a policy-based approach to manage the health and well-being of distributed applications, AmberPoint enables its enterprise customers to better understand system behavior, manage each transaction flowing across their environments, and implement policies that automate performance management, remedy exceptional conditions and uphold security. For more information, contact AmberPoint at 510.663.6300 or apinfo@amberpoint.com. Staples Communications Andrew Staples, 650-269-3126 andrew@staplescommunications.com or AmberPoint, Inc. Bob Dever, 510-433-6553 bdever@amberpoint.com Copyright Business Wire 2009
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