Company Expansion Further Demonstrates the Effectiveness of Chosen Growth Strategy and Strong Target Market
Paramus, New Jersey, March 4, 2009 - Netwrix Corporation, a provider of systems management and compliance solutions for Active Directory and virtual environments, today announced financial results for 2008 that show a 1876% growth of annual revenue for the privately held software company -- further underscoring just how strong the demand for Netwrix solutions has become in the IT marketplace.
The company's rapid growth can be attributed to a number of factors, including the current global economic crisis, which means that companies have a more critical need to seek out and implement the most cost-effective systems management solutions. Netwrix Corporation develops new and innovative products that address systems management and regulatory compliance demands while having a highly attractive pricing structure in place that allows an ever-growing number of customers to realize the full benefits of the close-to-instant ROI that Netwrix solutions deliver to their environments.
"We always strive to be a customer-focused company that addresses the needs of organizations already using or still looking to implement our solutions," said Netwrix President and CEO Michael Fimin. "We take all feedback seriously and work closely with customers to develop advanced products that address their needs. This allows us to set the right priorities and produce the most-wanted and problem-focused products that best fit real-life business purposes. We also invest heavily in our technology and customer service to make our customers happy."
Netwrix Corporation offers solutions that automate different aspects of systems management processes and simplify regulatory compliance implementations. The company's solutions are used by major healthcare, government, educational, and financial organizations around the world.
About Netwrix Corporation
Established in 2006, Netwrix Corporation provides innovative and cost-effective solutions that simplify and automate the management of Windows networks. With in-depth knowledge and experience in managing Windows 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 website at http://www.netwrix.com.
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