Vordel Growth Continues with Record Figures in Q1 2010 for SOA and Cloud Sales
Revenues up 85% on same period as last year and 55% on previous quarter
April 13, 2010 - Herndon, VA Vordel, a provider of Cloud and SOA governance products, today announced its revenue results for Q1 2010. This quarter has proved to be the most successful in the history of the company with a 55% increase in revenue compared to the previous quarter and a massive 85% increase on results from Q1 2009. In Q1 2010, Vordel has added 10 enterprise customers in new markets including Retail, Human Resources and Online Gaming, as well as generating business in the Banking and Government sectors. Some recent new customer signings include the Dept. of Homeland Security, US Dept. of Justice, FAA, ASR Nederland, BNP Paribas Fortis Bank, 3, Barclays Bank and an OEM partnership with Bull Group.
The company's rapid growth demonstrates that Vordel has consolidated its position as the premier provider of high performance, enterprise-level hardware and software products enabling enterprises to confidently deploy SOA and Cloud-linked applications. The company's flagship product, the Vordel Gateway is widely recognized as the fastest and most powerful SOA appliance on the market today. The company also offers the Vordel Cloud Service Broker product enabling a migratory path for large enterprises seeking to leverage Cloud computing in a secure and controlled manner. The company is running a pilot invitational program for Vordel Cloud Service Broker.
Vic Morris, Vordel CEO said "The continued demand for Vordel's SOA Governance products is driven by the enterprise's demands for efficient management of Web Services with maximum uptime and security protection. As such, Vordel's strategy is to continue building on its SOA heritage and simultaneously address the needs of enterprises who wish to securely connect to the Cloud. Uptake of our Vordel Cloud Service Broker pilot program is proving very positive and we will be making further announcements related to enterprise Cloud customers in the near future."
Vordel is currently expanding its in-market operations in the EMEA and US marketplaces and later this quarter will be releasing Vordel 6, the next generation of its SOA product suite.
Read the full review for highlights from 2009
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About Vordel
Vordel provides high performance, enterprise-level hardware and software products to enable Governments and large enterprises confidently deploy SOA and Cloud-linked applications. Vordel uniquely accelerates, manages and protects applications to enable enterprises govern their Service usage and performance in a cost effective manner.
Contact Vordel
Anne Marie McCallion, ReturnPR
annemarie@returnpr.com
+ 353 86 834 9329
Hugh Carroll, Vordel
press-info@vordel.com
+353 1 234 2500
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