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Cymtec Systems Posts Record Growth in 2009 with 40% Increase in Revenue
Feb 03, 2010 (PRWeb.com via COMTEX) --
Cymtec Systems (http://www.cymtec.com/)(R), a leading provider of products that help companies optimize network performance and fulfill the rigorous audit and compliance standards imposed on today's organizations, announced significant momentum heading into 2010. The company experienced a 40% increase in revenue in 2009 over the previous year, due largely to record sales of Cymtec Sentry (http://www.cymtec.com/cymtec-sentry.html), the company's flagship network optimization and visibility appliance for remote and branch office environments, in the fourth quarter.
As remote and branch office networks become more widespread and essential to daily business operations, so too does the need for technology to effectively manage, troubleshoot and optimize those environments. With many organizations scaling back IT budgets and minimizing intensive IT support as a result of economic contractions, Cymtec Sentry has emerged as a robust solution for meeting the specific performance and visibility needs of remote and branch offices. With an affordable price point and scalable configuration, Cymtec Sentry can support small offices with only several users, up to worldwide organizations with hundreds of sites.
In December 2009, Cymtec received its largest order in company history, bringing the number of deployments to over 1,000 and expanding the company's international footprint to over 30 countries worldwide. In addition to Cymtec Sentry, Cymtec continues to enjoy success with Cymtec Scout (http://cymtec.com/cymtec-scout.html), its unique "plug and play" Software-as-a-Service (SaaS) Intrusion Detection System (IDS).
Plans for Continued Success in 2010
On the heels of the company's most successful year ever, Cymtec expects to maintain its growth into 2010. Since the new year, the company has already expanded its international presence with the addition of several new distributors, including new partners in both Europe and Asia. Cymtec also continues to secure customer wins across top vertical markets, including legal, financial services, healthcare and manufacturing.
On the product front, Cymtec will soon announce the availability of Sentry Stand-Alone. This new version of the company's flagship offering will combine the network appliance and the management console into a single solution, making it ideal for small office environments that want the powerful visibility and performance capabilities of Cymtec Sentry without the need for separate centralized management.
"Cymtec's growth is fueled by a commitment to providing tools that help companies optimize network performance and dedication to serving the remote and branch office environment," said Andrew S. Rubin, President and Chief Executive Officer, Cymtec Systems. "Our record performance over the past year underscores how effective we've been in accurately assessing the market need for our solutions, listening to our customers and engineering best-of-breed technology."
About Cymtec Systems
Cymtec Systems (http://www.cymtec.com/) provides tools that help companies optimize network performance and fulfill the rigorous audit and compliance standards imposed on today's organizations. Known for ease of deployment and simplicity of operation, as well as the industry's lowest Total Cost of Ownership (TCO), Cymtec's plug-and-play product line, including Cymtec Scout(R) and Cymtec Sentry(R) provide traditional Intrusion Detection (IDS), as well as the unique visibility and control necessary to manage today's remote and branch office environments. To learn more about Cymtec Systems please visit www.cymtec.com.
Media and Analyst Contacts:
Katelyn Henry
Version 2.0 Communications
1.617.426.2222
Andrew Rubin
Cymtec Systems, Inc.
+1.314.993.8700 Ext. 11
arubin(at)cymtec(dot)com
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Read the full story at http://www.prweb.com/releases/Cymtec_Systems/2009_revenue_growth/prweb3560454.htm.
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