WILY TECHNOLOGY POSTS OVER 200 PERCENT GROWTH IN Q1 2005
BRISBANE, Calif — May 9, 2005 — Wily Technology Inc., the leader in Enterprise Application Management, today announced it achieved growth of 222 percent in Q1 2005 over Q1 2004, and a second consecutive quarter of operating profitability. More enterprises manage more mission-critical Web applications with Wily than any other provider.
“Thanks to our laser focus on customer success, Wily achieved stellar results in a traditionally slow quarter for IT spending,” said Dick Williams, president and CEO of Wily Technology, Inc. “Building on our momentum of 69 percent growth in 2004, we accelerated significantly in Q1. Beyond great execution, Wily also delivered new product innovations in the quarter that reinforce our position as the de facto standard in Web application management.”
Adoption of Wily’s solutions grew among Global 2000 enterprises across all industries. Key new or extended customer relationships in the first quarter included ADP Dealer Services, AT&T Labs, Beckman Coulter, Blue Cross Blue Shield of North Carolina, Canada Revenue Agency, Canadian Border Services Agency, Canadian National Railway Company, Cendant Travel Distribution Services, Choice Hotels International, Credit Acceptance Corporation, Dillards, Edmunds.com, Federal Emergency Management Agency, Manulife Financial, Northwestern Mutual Life, Principal Financial Group, Research in Motion, Unisys, United States Patent and Trademark Office and Vision Service Plan.
Wily’s geographic expansion led to rapid growth in international markets, including year-over-year growth of 292 percent in EMEA and 410 percent in APAC in Q1.
Wily expanded its global network of systems integrators and resellers to 54 in Q1 2005, including the first partners in the People’s Republic of China, Hong Kong and Taiwan in APAC; and Turkey, Israel and the Baltics in EMEA. New partnerships that will bring greater penetration in geographic and vertical markets include Hansky, Efficient Management Information Systems (EMIS), ELM Computer Technologies, AMG.net, Bull Spain S.A., Cast-Info S.A., Consoft Sistemi, Elikasu, HintTech BV, K-Tech S.r.l., LIAM-One1 Ltd., Metastore, Objectif Informatique, Praxis Calcolo, Quinary, Softcon A.G., SoftValley, Treda and Webmedia.
SETTING THE BAR FOR INNOVATION
In Q1 2005, Wily was listed in the Leaders quadrant in Gartner’s J2EE Application Server Management Magic Quadrant. According to Gartner, Inc., Leaders are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.
Reinforcing that positioning, Wily introduced three new products in the quarter. Significant milestones included new versions of Wily Introscope®, the dominant application monitoring and management tool. Those Introscope releases featured Wily SmartStor™, which records 100 percent of the data reported to Introscope and makes it available for viewing in customized dashboards or in easy-to-read reports for problem solving, problem replay, trend analysis and capacity planning. Performance of every application component can be viewed in real time or can be replayed from any time period for up to a year. The company also shipped Wily Browser Response Time (BRT) Adapter™ for monitoring Web application response to end-user browser requests. Wily’s BRT Adapter is the first performance monitor to provide full, component-level transaction visibility from the browser to back-end systems with no hardware, no synthetic transactions, no application code changes, no security risk and w
ith low overhead.
Wily announced the appointment of proven sales leader Chris Cook as senior vice president of worldwide field operations in Q1 2005. Mr. Cook brings over 20 years of technology sales and management experience to Wily. He served most recently as vice president of sales in North America for Quest Software, and has held executive and sales management roles at Peregrine Systems, BMC Software and IBM Corporation. Mr. Cook will spearhead Wily’s sales, support, professional services and education efforts.
Key Facts about Wily Technology
- More enterprises manage more mission-critical Web applications with Wily than any other provider.
-Wily’s comprehensive approach helps solve the real problems customers face when deploying today’s composite Web applications by delivering insight on application performance throughout the lifecycle and bridging functional silos across the organization.
-Wily’s customers include 16 of the top 20 global banks, 8 of the top 10 U.S. banks, 5 of the top 10 global investment firms, 12 of the top 30 global life and health insurers, 6 of the top 10 global automakers, 10 of the top 30 global telecoms and 5 of the top 20 U.S. retailers.
About Gartner Magic Quadrant
The Magic Quadrant is copyrighted April 4, 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Wily Technology, Inc.
Wily Technology is the market-leading provider of Enterprise Application Management solutions. Wily's products enable companies to successfully manage their critical Web applications and infrastructure by providing real-time, end-to-end visibility into the performance and availability of these systems. Wily’s collaborative management approach allows enterprises to rapidly detect and diagnose application slowdowns and failures, and better assess the impact of application performance on business success. This means better customer service, more stable revenue streams, and higher IT productivity. Based on the strength of its innovation, partnerships, and solid customer base, Gartner, Inc. has placed Wily in the leader quadrant in the J2EE Application Server Management Magic Quadrant. To learn more about Wily and Introscope, visit http://www.wilytech.com/ or call: 44 (0) 1784 895 158.
Introscope is a registered trademark and Get Wily, Browser Response Time Adapter, SmartStor and Management 360 are trademarks of Wily Technology, Inc. Magic Quadrant is a trademark of Gartner Inc. in the United States and other countries. All other trademarks or registered trademarks herein are property of their respective owners. Other products mentioned are the trademarks of their respective corporations.
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Ascendant for Wily Technology, Inc.
0870 7000 166
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