Rapid Growth of WAFS (Wide Area File Service), and Continuous Data Protection Software18 July 2005
Availl Inc., a leading provider of real-time data and storage software, today announced that Q2 2005 ending June 2005 marked the company's fourth consecutive quarter of revenue growth at an over 100% annual rate. Availl's WAFS and continuous data protection solutions are now in use at over 1,000 sites including 12 of the Fortune 500, with many customer installations spanning global distances. Founded in 2002, Availl has been continuously profitable for two years.
Availl Q2 Business Highlights:
-- Revenue for Q2 increased more than 30 percent over Q1 2005
-- Several new Fortune 500 customers including General Dynamics
-- Other new customers including Gold's Gym, JP Morgan, and Cedar Sinai
-- Increased demand in North America and internationally
-- Average deployment size increased significantly from 2004
-- Indirect channels revenues also increased by nearly one-third.
Availl provides Wide Area File System (WAFS) solutions for enterprises of all sizes, as well as products for continuous data protection (CDP) and database backup. Industry analysts cite the WAFS market as one of the fastest growing in the computer industry, with estimated growth over $1 billion in the next few years -- and cite storage software as another segment of ongoing high growth.
Availl's unique real-time WAFS technology ensures that files are instantly accessible in an almost limitless number of locations simultaneously, and in complete synchronization -- no matter where changes are made and with no chance of conflicts. Availl's CDP products deliver continuous tapeless backup for rapidly changing data, and for consolidating many site backups to one location. Both products eliminate 95% or more of the bandwidth.
About Availl
Founded in 2002, Availl provides Wide Area File System (WAFS) solutions for enterprises of all sizes. Availl's technology ensures that files exist in many remote locations simultaneously, and in complete synchronization -- no matter where changes are made. Availl's products are built on unique real-time technology for efficient remote multi-directional mirroring performance, rapid data caching, and extreme data reduction, with complete real-time file coherence between remote sites. It creates a unified file system via LAN, VPN, or web (crossing firewalls). Availl also provides solutions for continuous data protection and database backup.
Headquartered in Andover, MA, Availl is privately held and has been consistently profitable for 2 years. Its large customer base includes major engineering design firms, financial service institutions, and many of the largest worldwide manufacturers among the Fortune 100. For more information, please visit www.availl.com
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Contacts:
Mary Kae Marinac
MKM Corporate Communications
Email Contact
978-685-3136
Craig Randall
Availl
Email Contact
978-474-9113 x 205
Source: MARKET WIRE
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