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NetWrix Corporation Revenues Soar 800%
Innovative Software Provider of Systems Management and Compliance Solutions Booming Despite Sluggish Economy
| Source: NetWrix Corporation
PARAMUS, NJ--(Marketwire - September 4, 2008) - NetWrix Corporation, a privately held software
company that provides systems management and compliance solutions for
Active Directory and virtualization environments, today announced financial
results for the second quarter of 2008 that show an 817% growth in revenue
over the year-ago quarter of 2007.
While such explosive growth is surprising, given today's challenging
economic climate, the announcement underscores the overall vitality of
NetWrix, which continues to experience rapid and sustained growth as more
companies discover the clear benefits of having effective and affordable
systems management and compliance tools in place. NetWrix's suite of new
and innovative products, coupled with the company's cost-effective pricing
structure, paved the way for the surge while, at the same time, expanding
the horizons of its customers, who seek a rapid return on their investment.
"At NetWrix, we have always been dedicated to developing solutions that
focus on the most important but painful aspects of systems management,"
said NetWrix President and CEO Michael Fimin. "We believe that these strong
revenue numbers reflect that dedication while highlighting our ongoing
commitment to providing IT professionals with effective tools that beat our
competitors' price and quality."
Solutions developed by NetWrix Corporation help organizations to meet
compliance standards, simplify systems management, and reduce IT
infrastructure costs. The product line includes solutions for change
management, identity management, and virtualization.
About NetWrix Corporation
Established in 2006, NetWrix Corporation provides innovative and
cost-effective solutions that simplify and automate systems management and
compliance. With in-depth knowledge and experience in managing IT
environments of all sizes, the company delivers solutions to meet
complicated business requirements while fulfilling the highest expectations
of IT professionals. NetWrix Corporation is a privately held company
headquartered in Paramus, New Jersey. For more information, please call
888-638-9749 or visit the company's Web site at http://www.netwrix.com.
© 2008 NetWrix Corporation. All rights reserved. NetWrix, Password
Manager, Privileged Account Manager, and Active Directory Change Reporter
are trademarks of NetWrix Corporation and/or one or more of its
subsidiaries and may be registered in the U.S. Patent and Trademark Office
and in other countries. All other trademarks and registered trademarks are
the property of their respective owners.