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AppAssure Posts 17th Consecutive Quarter of Growth with a 179% Revenue Increase Over Q2 2010 - Organizations worldwide increasingly value AppAssure’s unique recovery in minutes from any failure, cloud-enabled disaster recovery, and mitigating loss of mission critical application data - AppAssure.com
AppAssure Posts 17th Consecutive Quarter of Growth with a 179% Revenue Increase Over Q2 2010

 

NewswireToday - /newswire/ - Reston, VA, United States, 2011/08/01 - Organizations worldwide increasingly value AppAssure’s unique recovery in minutes from any failure, cloud-enabled disaster recovery, and mitigating loss of mission critical application data - AppAssure.com.

   
 
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AppAssure Software, leading developer of the industry’s fastest-growing backup and disaster recovery software products for mission-critical Windows applications servers, today announced continued momentum with record revenue and staff expansions as organizations replace their traditional backup and recovery systems with AppAssure’s unique software solution. Year-over year results for the quarter marked revenue growth of 179%, hitting the company’s 17th consecutive quarter of quarter-over-quarter revenue growth and adding more than 1500 new customers.

“With Symantec’s Backup Exec (NASDAQ:SYMC), it took days or weeks to recover a single application server, but with AppAssure’s Replay we can do the same recovery in minutes,” says Dave Buzzell, Chief Information Officer at The Sedona Group – a $120 million workforce management firm in Moline, IL. “Our IT environment is constantly changing, and only Replay 4 has been able to keep up with it. Replay’s continuous backup and bare metal restore ability makes everything go really smoothly.  It’s saved us almost $100,000 in operational and infrastructure costs, in addition to countless hours of management time savings.”

“We’re excited to see such innovation in a technology area that’s been largely underserved for a very long time,” said Adam Davis, President of Next Dimension, an AppAssure reseller with offices in the US and Canada.  “Minimizing mission critical data loss and recovering from system failures or other disasters is extremely important to our customers. AppAssure clearly understands and respects this sensitivity as is evident by their product’s unique ability to recovery in minutes with no more than a few minutes of potential data loss.”
In addition to strong revenue growth, Q2 2011 marked key additional milestones for AppAssure including:

Expansion in within the reseller community – AppAssure reseller community grew 100% in Q2 driven by AppAssure’s highly differentiated solution focused on application recovery.

Product Development – To better support the rapidly growing number of companies adopting virtualization technologies, AppAssure introduced advanced VMware vSphere support for private cloud providers and enterprises.

Staff Expansion – During the quarter, AppAssure added over 50 employees to its team spanning the areas of sales, marketing, development and customer service.

Awards – At the 2011 Microsoft TechEd conference, AppAssure was named a “Best of TechEd” finalist in the Backup and Disaster Recovery category.

“For too long, companies have been bound by costly data loss and hours or days of application down time inherent with traditional backup and recovery systems,” said Najaf Husain, president and chief executive officer, AppAssure. “Our growth rate speaks to the end of antiquated backup and recovery technologies, and to the value of recovering in just minutes from any server failure with virtually no loss of mission critical application data. We expect to see accelerated growth throughout the second half of 2011 as companies look to private and public clouds infrastructures to reduce costs and improve Application SLAs.”

About AppAssure Software

AppAssure Software (appassure.com) is a leading provider of innovative backup and disaster recovery software for Windows application servers. AppAssure’s flagship product, Replay 4 is an application-aware, disk-based imaging solution that automatically and continuously snapshots entire Windows application servers delivering accelerated application backups and disaster recovery for in minutes.

 
 
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AppAssure Posts 17th Consecutive Quarter of Growth with a 179% Revenue Increase Over Q2 2010

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Publisher Contact: Steven Toole - AppAssure.com 
703-480-0178 smtoole[.]appassure.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any AppAssure Software securities in any jurisdiction including any other companies listed or named in this release.

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