SCOTTS VALLEY, CA--(Marketwire - July 29, 2009) -
Virtual Instruments, a leader
in
virtual infrastructure optimization, today
announced a banner fiscal year 2009, ending June 2009. The fiscal year
closed with a year-over-year revenue growth rate up over 200 percent,
enabling the company to significantly grow its employee base and open its
first European offices. New customer adoption amongst Global 2000 data
centers was strong and spread across a range of industries around the
globe, including Kaiser Permanente, McKesson, American Eagle Outfitters,
Austrian Lotteries, Barclaycard US, DB Systel, Infoprint, JPS Health,
Logica, Roche, Sparkassen, Unilever and Ural Lotto.
Virtual Instruments' attributed its growth to very strong adoption of
NetWisdom and VirtualWisdom products and services, which dramatically
reduce the capital and operating expenses associated with the storage area
network (SAN) and virtual server infrastructure.
"We have been very successful in adding new customers, hiring top quality
people, and in expanding global 24/7 support, despite tough economic
conditions," said Mark Urdahl, chief executive officer, Virtual
Instruments. "Our achievements reflect the critical need for Global 2000
enterprises to improve the utilization, performance and availability of
both physical and virtual enterprise infrastructure while minimizing
business risk."
Virtual Instruments was included in the list of "Cool Vendors" in the "Cool
Vendors in Storage Technology and Systems, 2009" report by Gartner, Inc.
Gartner defines a cool vendor as a company that offers technologies or
solutions that are: Innovative, enabling users to do things they couldn't
do before; Impactful, having, or will have, business impact (not just
technology for the sake of technology); Intriguing, having caught Gartner's
interest or curiosity in approximately the past six months.
Additionally, Virtual Instruments significantly expanded its executive
management team, by bringing on new marketing, engineering, sales, and
services executives. The two most recent additions were VP of Sales Sean
Maxwell, who joined Virtual Instruments directly from EMC and VI Fellow
Joseph R Mathis, Sr., a 30-year veteran of IBM and original architect of
the Fibre Channel standard. Fellows are recognized technology visionaries
who bring unique technology expertise and customer perspective into the
Company.
Among other noteworthy accomplishments, Virtual Instruments introduced
VirtualWisdom, a new solution that provides comprehensive, real-time
instrumentation and measurement capabilities that enable IT managers to
optimize the performance and availability of their virtualized IT
infrastructure. VirtualWisdom adds SAN I/O intelligence to VMware
environments, enabling administrators to better balance the deployment of
virtual machines based on real-time measurements of I/O performance.
Deployment of VirtualWisdom results in significantly higher virtual
infrastructure utilization and significantly lower capital and operational
costs associated with an IT organization's systems and storage
infrastructure.
Key FY09 Accomplishments
-- Grew revenues at a record pace to over 200% of FY08
-- Expanded globally by opening the company's first European offices in
the UK and Germany
-- Winner of the 2009 Gartner Cool Vendor in Storage Award
-- Introduced VirtualWisdom, the world's first virtual infrastructure
optimization solution
-- Added five key executives across Sales, Marketing, Engineering,
Products and Services
-- Established the Virtual Instruments Fellow program and named Joe
Mathis, the original architect of Fibre Channel, as the first Fellow
-- More than doubled company headcount
About Virtual Instruments
Virtual Instruments offers the award-winning NetWisdom and VirtualWisdom
virtual infrastructure optimization solutions that provide deep monitoring
and analysis of how the virtualized IT infrastructure and SAN affect
business-critical application performance. Customers such as Barclay's Card
Services, Kaiser Permanente and McKesson Corp. achieve significant cost
savings in virtualization and SAN deployments by optimizing utilization,
performance and availability of IT resources. Leading system and storage
vendors including IBM, HP, HDS, and EMC leverage Virtual Instruments to
design and optimize SAN solutions for enterprise customers. The company was
founded in June 2008 via a spin-out from Finisar Corp. The company has
headquarters in Scotts Valley, Calif., and can be found online at
http://www.virtualinstruments.com
Contact Information: Media Contact:
Melissa Lang
Voce Communications on behalf of Virtual Instruments
(330) 401-9220