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Proofpoint Concludes 2007 With Another Record Quarter |
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Tuesday, 26 February 2008 |
SUNNYVALE, Calif., Feb. 21 /PRNewswire/ -- Proofpoint, Inc., the
leading provider of unified email security and data loss prevention
solutions, today reported that revenues for the fourth quarter of calendar
year 2007 were the largest in the company's history, making it Proofpoint's
18th consecutive quarter of record revenue. Proofpoint's customer base
continued to expand rapidly, resulting in a record number of transactions
for the quarter. Proofpoint solutions now protect approximately 6 million
mailboxes worldwide for leading enterprises, ISPs, universities and
government organizations. Revenues for the year 2007 were the highest in
the company's history and grew by more than 50% annually over 2006.
"The fourth quarter of 2007 represented yet another record quarter for
Proofpoint, with total bookings and revenue both breaking previous highs.
The company's explosive growth during the quarter and throughout 2007 was
driven by competitive displacements, increasing international presence,
100% commitment to the channel and ongoing technology innovation," said
Gary Steele, CEO of Proofpoint. "We're especially excited by the rapid
adoption of Proofpoint on Demand, which delivers the industry's most
advanced email security and data loss prevention features as a
cost-effective, easy-to-manage service."
Customer acquisition was again strong, representing more than half a
million new mailboxes under protection. New customers for the quarter
included globally recognized brand names across a wide variety of vertical
industries including the company's core financial services, healthcare,
retail, manufacturing, ISP/service provider, government and
higher-education markets. As in previous years, customer satisfaction and
retention was extraordinarily high and Proofpoint maintained its customer
renewal rate of more than 98%.
Proofpoint's continued focus on delivering the most advanced and
accurate protection against both inbound and outbound message-borne threats
helped to accelerate competitive conversions throughout Q4. The superior
functionality, effectiveness and value delivered by Proofpoint's solutions
led to displacements of solutions including Secure Computing (CipherTrust),
Tumbleweed and Google (Postini) as well as competitive wins against Cisco
(IronPort).
SaaS Email Security and DLP Solution Gains Wide Adoption
Initially launched in Q3 2007, the new Proofpoint on Demand(TM) service
has been extremely well received by the market, protecting nearly half a
million end user mailboxes. The Proofpoint on Demand service now processes
millions of messages per day, protecting customers from both inbound spam
and viruses as well as guarding against leaks of private and confidential
information.
During Q4, Proofpoint won its first customers that are using the
advanced data loss prevention features of Proofpoint on Demand to protect
private customer information such as financial and healthcare data.
Building on the success of the service in the US market, Proofpoint also
debuted the Proofpoint on Demand service for Australian customers during
Q4.
Continued Strength for Proofpoint's Virtual Appliance, Technology
Innovation
Proofpoint's unique virtual appliance for email security and data loss
prevention, the Proofpoint Messaging Security Gateway(TM) Virtual Edition,
once again played a key role in accelerating evaluations of Proofpoint's
products. During the quarter, Proofpoint's virtual appliance was adopted by
a record number of customers as their main deployment platform or for
deployment in a hybrid configuration alongside Proofpoint's hardware
appliances.
Proofpoint continued to innovate in other areas, launching new
quad-core processor powered versions of the Proofpoint Messaging Security
Gateway(TM) appliance and continuing to update its Proofpoint MLX(TM)
machine-learning-based anti-spam technology to offer enhanced protection
against the latest threats. Proofpoint MLX delivers the most accurate and
effective spam protection available, averaging more than 99.91%
effectiveness during the month of December 2007, as measured against
Proofpoint's global network of spam honeypots.
Learn more about Proofpoint MLX and view realtime statistics about
Proofpoint's daily anti-spam effectiveness by visiting:
http://www.proofpoint.com/products/livespamstats.php
Channels and International Business Delivered Strong Performance in Q4
and Throughout 2007
Proofpoint's 100% channel delivery model continued to distinguish the
company in a time when many channel partners are experiencing declining
margins and an increasing number of channel conflicts from other email
security and DLP vendors. Through 2007, the company continued to fortify
its channel partner program, recruiting many of the world's top
security-focused VARs including BEW Global, Cymbel Corporation, Dirsec,
Enabling Technology Corp., IGX Global, NWTech, Patriot Technologies Inc.,
Rutter Networking, SBS Security, SecureNet Associates, Structured
Communications, Tympani and VHA.
Proofpoint's international business and presence continued to grow in
Q4 with especially strong new business performance in Japan and the broader
Asia-Pacific region. Proofpoint Japan K.K. posted a record-breaking quarter
and more than 50% growth for the year 2007.
Learn More about Proofpoint's Industry Leading Email Security and Data
Loss Prevention Solutions
To learn more about Proofpoint, register to attend an upcoming
Web-based demonstration of Proofpoint's advanced email security and data
loss prevention features. Proofpoint product experts demonstrate how
advanced Proofpoint MLX technology defends against inbound threats -- such
as spam, viruses and phishing attacks -- while also preventing leaks of
confidential information and intellectual property.
To register, please visit:
http://www.proofpoint.com/livedemo
About Proofpoint, Inc.
Proofpoint provides unified email security and data loss prevention
solutions for enterprises, universities, government organizations and ISPs
to defend against inbound threats such as spam and viruses, prevent leaks
of confidential and private information across all protocols, and encrypt
sensitive emails. Proofpoint's products are controlled by a single
management and policy console and are powered by Proofpoint MLX(TM)
technology, an advanced machine learning system developed by Proofpoint
scientists and engineers. Proofpoint provides the most scalable and
flexible deployment model including: hardware appliance, virtual appliance,
hosted services and software. For more information, please visit
http://www.proofpoint.com.
Proofpoint, Proofpoint MLX, Proofpoint Messaging Security Gateway and
Proofpoint on Demand are trademarks, registered trademarks of Proofpoint,
Inc. All other trademarks contained herein are the property of their
respective owners.
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