Rapid Industry Growth and Increasing Interest in Virtual Labs Resulted in a Strong Close to 2006
AUSTIN, Texas – February 6, 2007 –Surgient, the leader in Virtual Lab Management Applications for automating software demo, test and training labs, today announced that it achieved record company results in 2006, closing more than five million dollars in sales in the fourth quarter alone. New customer wins, growth with current customers, technological advances, expanded partnership agreements, and new venture funding aided in making 2006 an overwhelming success.
“Our very strong growth in 2006 was supported by a wave of successful milestones and capped by our incredible fourth quarter,” said Bill Daniel, Surgient’s president and CEO. “Every sector of our business grew as we continually outpaced our competition in head-to-head comparisons. We expect to accelerate our growth in 2007 with continued and rapid adoption of our virtual lab management applications for software testing, training, demonstration and evaluation.”
Surgient’s growth in 2006 was made possible by a number of factors, including:
Surgient puts virtualization technology to work for the world's largest companies. One of the first companies to provide on-demand applications that automate the deployment, configuration and teardown of complex enterprise software environments or "virtual labs," Surgient's award-winning virtual lab management solutions enable end users to rapidly provision needed computing resources for business-critical initiatives such as software QA/test, training, sales and marketing. With over 500,000 virtual labs applications delivered to date, Surgient enables companies such as Business Objects, BMC, CA, EMC, Dell, HP/Mercury, Microsoft and Target Corporation to dramatically accelerate the software application delivery lifecycle, reduce operating costs, increase productivity and enable IT to better align with business priorities. Surgient partners with leading technology companies including EMC/VMware, Microsoft, HP/Mercury, PlateSpin, Saba/Centra, ViewCentral and WebEx Communications. Surgient is a private, venture-backed company based in Austin, Texas. For more information, visit www.surgient.com.