Netwrix Continues to Double - H1 2012 Results Announced

First half of 2012 results in 98% revenue growth, hundreds of new customers, new awards and recognition

Irvine, CA, July 31, 2012

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Netwrix Corporation, a highly specialized provider of solutions for IT infrastructure auditing and compliance, today announced outstanding financial results for the first half of 2012.

Quick facts:

  • Netwrix continues tremendous growth pace with 98% increment in the first half of 2012 over the same period of 2011.

  • The growth originated mainly from the new license bookings revenue which amounted to 85% of total revenue for the period.

  • New awards: Netwrix's flagship Change Reporter family was recently awarded 5 stars rating from SC Magazine and Reader's Choice Award by WindowSecurity.com. Per SC Magazine, Netwrix is "excellent at doing what it is intended to do."

  • New Customers: some well-known names, such as Rio Tinto, California Polytechnic State University (Cap Poly), Chevron, State of Florida, Los Alamos National Laboratory, Qualcomm, State of Michigan, Costco, Fujitsu, Honda, Northup Grumman, Sony Mobile and Silverstein Properties are among hundreds of other respected organizations that recently became Netwrix customers.

  • Success stories. One of the many examples is State of Maine, a long-time Netwrix customer that uses Netwrix solutions to implement government-mandated security guidelines. "Our goal was to meet both State and Federal Security guidelines. Netwrix has met and exceeded our expectations." Brian Desjardins, Network Architect, State of Maine.

Quotes:

Michael Fimin, CEO and President of Netwrix Corporation:
"Netwrix went through another successful period of growth with major achievements in all areas - R&D, sales and marketing, customer service. It's another great return on continued investment into company expansion, both people and technology, which all resulted in acquisition of new satisfied customers and technology advances."

Robert Bobel, Director of Product Management, Netwrix Corporation:
"The driving force behind Netwrix amazing growth is our ability to translate internal expertise, innovation and customer feedback into amazing and affordable software."

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About Netwrix Corporation

Netwrix Corporation is a highly specialized provider of solutions for IT infrastructure change auditing. Change auditing is the core competency of Netwrix and no other vendor focuses on this more extensively. With the broadest platform coverage available in the industry, innovative technology and strategic roadmap aiming to support different types of IT systems, devices, and applications, Netwrix offers award-winning change auditing solutions at very competitive prices, matched with great customer service. Founded in 2006, Netwrix has become #1 for Change Auditing, as evidenced by the thousands of satisfied customers worldwide. The company is headquartered in Paramus, NJ, and has regional offices in Southern California, Boston, Tampa, and the UK.

© 2012 Netwrix Corporation. All rights reserved. Netwrix is a trademark of Netwrix Corporation and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.

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Contacts:

Daniel Pershing
Senior Director, Public Relations
Phone: 201-490-8840, X.964