Accellion, Inc. Doubles Courier SFTA Revenue in Q1 2006

Fiscal Performance driven by Increase in North American Market Presence, Initial European Market Penetration of Courier Secure File transfer Appliance (SFTA)

 
Palo Alto, Calif. – Apr 26, 2006 –

 

Accellion, Inc., a premier provider of a new generation on-demand secure file transfer appliance and data management solutions, announced today that its Courier SFTA product line has more than doubled its revenue bookings and nearly doubled the number of new customers for the quarter ending in March 2006, compared to the quarter ending in December 2005.

Accellion's continued success correlates with the adoption of its secure file transfer solution by companies operating in the North American media, healthcare, petrochemical, and legal industries. In addition, the Company also witnessed accelerated penetration into the EMEA (Europe, Middle East and Africa) market, scoring wins among customers in the healthcare, pharmaceutical, and engineering industries.

Accellion's flagship product, Courier Secure File Transfer Appliance (SFTA), operates using an interface similar to that of email, offering end-to-end file security and policy-based automated file lifecycle management. In addition, Accellion Courier SFTA supports plug-in integration with Outlook and Lotus Notes clients.

"We are gratified to begin outreach in the EMEA market, and to continue to see strong growth in the North American market with Courier SFTA," said Yorgen H. Edholm, President and CEO of Accellion. "Major players from a variety of industries have recognized the importance of secure file transfer as a core business process, and increasingly turn to Accellion as the leader in providing the proven solution for enterprise users."

Additional information regarding Accellion and Courier SFTA can be found at www.accellion.com or call (650) 739-0095.

About Accellion
Accellion, Inc. is a profitable, well-funded, private company that provides enterprise-class mobile file sharing solutions to enable secure, anytime, anywhere access to information while ensuring enterprise security and compliance. More than 9 million users and 1,600 of the world’s leading corporations and government agencies including Procter & Gamble; Activision; Indiana University Health; Kaiser Permanente; Foley & Mansfield; Lovells; Bridgestone; Ogilvy & Mather; Harvard University; Guinness World Records; US Securities and Exchange Commission; and NASA use Accellion to protect intellectual property, ensure compliance, improve business productivity and reduce IT costs. Accellion file sharing solutions can be deployed on public, private and hybrid cloud environments and provide the ease-of-use business users need while giving the enterprise organization the flexibility, scalability and protection it needs. For more information please visit www.accellion.com or call (650)-485-4300. Follow Accellion’s Blog, Twitter, Facebook, and LinkedIn.