Altiris, Inc. (Nasdaq: ATRS), a pioneer of IT lifecycle management solutions that reduce the total cost of owning IT resources, today announced it was named to the Software 500, an annual ranking of the leading companies in the software and services industry. Altiris earned the distinction of being the fastest growing IT lifecycle management software company on the list.
“We continue to offer industry-leading IT lifecycle management solutions that resonate with our customers’ desire to save time and money on the most pressing IT management projects,” said Greg Butterfield, Altiris president and CEO. “We believe our track record of success reflects a focused go-to-market strategy aligned with the ability of our employees and partners to deliver on this strategy. By meeting customers’ needs through superior execution, we continue to outperform other companies in our sector and believe we have been highly successful in redefining the systems management market.”
For calendar year 2003, Altiris reported revenue of $99.3 million, which represents a 58 percent increase over $62.9 million in revenue reported in calendar year 2002. For the most recently announced second quarter of 2004, Altiris reported total revenue of $40.0 million, an increase of 75% over the second quarter of 2003 and an increase of 7% over the first quarter of 2004.
John P. Desmond, Software Magazine editor, said, “The software industry remains extremely dynamic, with 140 new companies appearing on the 2004 Software 500 list. Overall results were mixed but total revenue for the 500 was up 14 percent and total employment up 8 percent.”
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting enterprise IT organizations. The list includes both private and public companies; 30 percent of the 2004 Software 500 companies are private. The Software 500 is a worldwide list in that any company may submit financial and product information via the annual Software 500 survey.
The ranking is based on total worldwide software and service revenue for 2003. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co., as well as from public documents. The survey results are posted at www.Softwaremag.com.
About Altiris
Altiris, Inc. is a pioneer of IT lifecycle management software that allows IT organizations to easily manage desktops, notebooks, thin clients, handhelds, industry-standard servers, and heterogeneous software including Windows, Linux and UNIX. Altiris automates and simplifies IT projects throughout the life of an asset to reduce the cost and complexity of management. Altiris client and mobile, server, and asset management solutions natively integrate via a common Web-based console and repository. For more information, visit www.altiris.com
Note on Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding our continuing ability to offer industry-leading IT lifecycle management solutions and to outperform companies in the systems management market. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, but not limited to, an inaccurate assessment of, or changes adversely affecting, the market opportunity, any deterioration of our relationships with HP, Dell, Fujitsu Siemens, Microsoft and other OEMs, VARs, systems integrators, and direct sales channels, adverse changes in IT spending trends, our failure to expand our distribution channels and customer base, the length and complexity of our product sales cycle, increased competition, and such other risks as identified in our Quarterly Report on From 10-Q for the period ended June 30, 2004, as filed with the Securities and Exchange Commission, and all subsequent filings, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward looking statements.
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Altiris is a registered trademark of Altiris, Inc. in the U.S. and in other countries. The other company names or products mentioned are or may be trademarks of their respective owners. |