AlterPoint Closes 2007 with Largest Quarter To-Date
Open Technology Strategy, Expanded Product Portfolio and First-Class
Customer Support Bring Record Sales and Strategic Wins
AUSTIN, Texas (Business Wire EON/PRWEB ) January 9, 2008 --
AlterPoint, Inc. (www.alterpoint.com)
a leading provider of open network management software, today announced
record results for the quarter ended December 31, 2007, highlighted by a
50 percent increase in sales over the prior-year period. This is the
third consecutive quarter that AlterPoint has increased sales by 50
percent or more over the prior-year period.
“We have achieved this growth through a
combination of an expanded product
portfolio, an open
approach to building software that stands in sharp contrast to
traditional management bloatware, and an unwavering commitment to customer
support and retention,” said Scott
Harmon, CEO of AlterPoint. “In short, we
seem to be winning out in the market even as bigger competitors scramble
to get in the game.”
Highlights and accomplishments include:
-
Record-breaking Sales: 2007 fourth quarter sales increased 50
percent over the prior-year period, leading to a 46 percent increase
in total sales, year-over-year.
-
Customer Validation/Market Adoption: the largest number of
license deals in eight quarters, including one of the world’s
pre-eminent financial services companies, and strategic wins in the
Federal market.
-
Product Innovation: release of a new
solution that transforms CiscoWorks inventory data into actionable
business intelligence, plus a steady increase in the adoption of new
product modules released in 2007.
-
Open Source Initiatives: growing momentum around the ZipTie
open source project, which increased its user base by more than
1,200 in the fourth quarter of 2007.
“In a market characterized by increasingly
complex technology and fewer and fewer independent options available to
discerning customers, AlterPoint continues to prove the strength of its
products and the vision of its management team,”
said Jim Gauer, Managing Director of Palomar Ventures and a member of
AlterPoint’s board of directors. “The
company’s open technology approach towards
network management is proving to be a powerful
differentiator.”
About AlterPoint, Inc.
AlterPoint open network management solutions optimize network spend and
better align IT with business imperatives. The world’s
most respected enterprises rely on AlterPoint to curb hardware
over-provisioning, reduce specialized labor, lower the cost of
compliance, and improve the availability of network services. AlterPoint’s
open, comprehensive network CMDB combines operational and business data
to automate, analyze and optimize network change, compliance, security
and equipment lifecycles. Multiple stakeholders benefit from AlterPoint’s
customizable analytics and dashboards for impact assessment, faster
troubleshooting, compliance scorecards and trend analysis. Founded in
2001, AlterPoint is headquartered in Austin, Texas. For more
information, please visit http://www.alterpoint.com.
© 2001-2007 AlterPoint, Incorporated. All
Rights Reserved. AlterPoint, NetworkAuthority, DeviceAuthority, and
their respective logos are trademarks of AlterPoint, Inc. in the United
States and other jurisdictions. All other company or product names
mentioned are used only for identification purposes and may be
trademarks or registered trademarks of their respective companies.
See the original story at: http://eon.businesswire.com/releases/2008/01/prweb612781.htm
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