Virtual Instruments' Record-Breaking Growth Sets Pace for the 'Year of the Private Cloud'

SAN JOSE, CA--(Marketwire - Jan 18, 2012) - Virtual Instruments, the leader in virtual infrastructure optimization solutions, today announced another record-breaking year with over 100% year-on-year sales growth in 2011, setting a strong pace for 2012 as the movement toward private clouds continues to grow. The introduction of the VirtualWisdom 3.0 platform in August 2011 and a nearly 150% increase in new customers were key factors in the company's strong continued performance.

Over the last 12 months, Virtual Instruments has experienced a dramatic increase in the number of Global 2000 enterprises deploying its core platform, VirtualWisdom. During the second half of 2011 alone, the company's new customer acquisition rate more than tripled, gaining significant new customers in financial services, insurance, manufacturing, healthcare, telecommunications, retail and government. This broad-based adoption of the VirtualWisdom real-time infrastructure optimization products and services is a testament to the critical need to ensure performance and availability as companies look to migrate to highly virtualized private clouds. Virtual Instruments solutions have proven to help customers improve IT infrastructure performance and availability, reduce operating and capital expenditures, and accelerate the transition of business-critical applications to a private cloud environment.

"2011 was another extremely successful year for our company, with growth in all aspects of the business," said John W. Thompson, CEO at Virtual Instruments. "We believe 2012 will be 'the year of the private cloud,' and as our recent success has proven, Virtual Instruments will play a critical role in helping companies eliminate the risks associated with moving their mission-critical applications to a private cloud infrastructure."

Virtual Instruments' employee growth has also continued at a rapid pace. To help meet accelerating customer demand, the company has nearly doubled the number of full-time personnel to over 160 employees.

Key Recent Accomplishments
In October, the company launched its VIP Program, designed to help channel partners engage with target accounts and strengthen their relationships with customers implementing business-critical applications in physical, virtual and private cloud environments. The VIP Program currently includes over 40 partners, including Mainline Information Systems™, Iron Bow Technologies, Zycko and Dallas Digital Services.

2011 was also an award-winning year for Virtual Instruments. The company garnered five major industry awards including:

• A sixth place ranking on the 2011 Forbes' list of America's Most Promising Companies, which features 100 privately held up-and-comers.
• The 2011 Red Herring Global 100 list, which honors the year's most audacious and far-reaching private technology companies from across the globe.
• The 2011 SVC "Innovation" Award for innovative and effective use of technology that supports storage, virtualization and cloud computing initiatives, highlighting the company's international customer success (in conjunction with a major European financial institution).
• The Storage Magazine and SearchStorage.com "Product of the Year" Award (Storage Networking Equipment category) for Virtual Instruments' SANInsight TAP Patch Panel System.
• The Data Center Solutions Magazine "Enterprise Project of the Year" Award for Virtual Instruments customer Unilever's successful SAN consolidation and optimization initiative based on their implementation of the VirtualWisdom solution.

About Virtual Instruments
Virtual Instruments ensures the performance and availability of mission-critical applications by providing a comprehensive infrastructure optimization platform. The award-winning VirtualWisdom and SANInsight infrastructure optimization solutions provide real-time monitoring and analysis of physical, virtual and private cloud computing environments to optimize performance, utilization and availability. Forbes Magazine recently recognized the company as #6 on its 2011 list of America's Most Promising Companies. The company was founded in June 2008 via a spin-out from Finisar Corp.; it has headquarters in San Jose, Calif., and can be found online at http://www.virtualinstruments.com