Accellion Attributes Record Quarter to Meeting IT and End Users' Secure File Transfer Needs

Accellion's Courier Secure File Transfer Appliance (SFTA) continues to be adopted by enterprises across industries looking for a user-friendly and low IT administration overhead solution to address email attachment and FTP challenges

Palo Alto, Calif. — Jan 16, 2007 Accellion, Inc. (www.accellion.com), a leading provider of on-demand secure file transfer solutions for enterprise users, is pleased to announce today that for the quarter ending December 2006, new customer acquisition has nearly doubled compared to the prior quarter, and revenue bookings have increased more than fourfold on a year-to-year basis.

The growth of Accellion is fueled by continuing proliferation into industries such as advertising/media with customers like DDB Canada and higher education with customers like University of Chicago Graduate School of Business and University of California's Office of the President.

"IT administrators are looking for a solution to enterprise file transfer needs that lets the end users drive the process without intervention from IT," said Linda Musthaler, Principal Analyst, Essential Solutions Corporation. "At the same time, security and compliance can't be sacrificed for ease of use. A key driver in the search for an appropriate solution is integration with the enterprise email system, making the file transfer process both easy for users and manageable for administrators."

"With more than 160 customers and counting within two years, Accellion's Courier Secure File Transfer Appliance has proven itself as an indispensable tool for proactive IT administrators in meeting the secured bi-directional file transfer needs of today's end-users and business processes," said Yorgen H. Edholm, president and CEO of Accellion. "Accellion's continued financial and business success allows us to support our goal of aggressive growth."

Additional information regarding Accellion’s Courier SFTA solution can be found at www.accellion.com.

About Accellion

Founded in 1999, Accellion, Inc., the premier provider of on-demand secure file transfer solution, is headquartered in Palo Alto, California, with offices in North America, Asia and Europe. For more information please visit www.accellion.com or call +1 (650) 739-0095.

Click here to request information on the Accellion SFTA deployment

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