[January 06, 2009] Gigamon Bucks the Trend, Continues Rapid Growth in Spite of Difficult Economic Times Tweet MILPITAS, Calif., Jan. 6 /PRNewswire/ -- Gigamon, the leading provider of intelligent data access networking products, today announced that its revenue for the fiscal year 2008 has grown by 50%. This is attributed to the broad market adoption of our GigaVUE product line that is now deployed in 36 countries across the globe. GigaVUE saves money for stressed IT budgets in multiple ways. "Considering the economic climate, we are pleased to have had a record breaking fourth quarter which increased our annual revenue growth to 50%," said Ted Ho, Gigamon's CEO. "This is a testament to our engineering staff that has delivered the most comprehensive and cost effective solution on the market for monitoring data centers. We have also made significant investments in sales, marketing and business development, which resulted in an overall increased headcount of 30%." Gigamon recently announced the GigaVUE-2404 high density 10G data access switch that will begin shipping in January. "Customers are excited about this product because the transition to a 10G Ethernet core is occurring at a rapid pace. With the GigaVUE-2404 they can get critical data from 10G Ethernet ports to 1G Ethernet tools. With our mapping and filtering capabilities, customers can aggregate traffic from several high speed connections and send specific traffic to a secure centralized tool farm." Award-Winning Solution Gigamon's DAN technology has earned the Emerging Technology of the Year award in the world monitoring market from Frost & Sullivan. Over 1,800 GigaVUE units are already in use at over 400 telecom, industrial, manufacturing, financial, banking, medical, utility and government networks in 36 countries worldwide. Current users include Apple, Chevron, Cisco, eBay, the U.S. Federal Reserve, Capital One, Deutsche Bank, Royal Bank of Canada, Fidelity Investments, JCPenney, NASA, Northwestern Insurance, the NYSE, Raytheon, Toyota, Sprint, AT&T, Verizon, T-Mobile, Vodafone, NTT, KDDI, and the U.S. Department of Defense, among many others. For more information on Gigamon Data Access Network technology, including a product brief and online presentation on the company's GigaVUE data access switches, visit http://www.gigamon.com/. About Gigamon: Founded in 2003 by six veterans of network monitoring and telecommunications equipment companies, Gigamon invents and manufactures innovative solutions for data access networks. Its flagship product, GigaVUE(R), can support multiple out-of-band monitoring tools for compliance, security, troubleshooting and analysis, sidestepping the hassles presented when too few SPAN ports are available. It also can aggregate and intelligently filter packets from many SPANs or TAPs to one or multiple tools to solve the problem of monitoring flows across complex mesh topologies and virtual networks. GigaVUE(R) data access switches significantly reduce customers' capital budgets and yield immediate ROI benefits. For more information about Gigamon and its award-winning solutions, visit http://www.gigamon.com/. Gigamon CONTACT: Heather Kelly of SS|PR, +1-719-634-8274, [email protected], forGigamon Web site: http://www.gigamon.com/ [ Back To TMCnet.com's Homepage ]