Customer Wins in Key Vertical Markets and Fortune 500 Drive 100% Year Over
Year Revenue Growth
CUPERTINO, Calif., Feb. 15 /PRNewswire/ -- ArcSight, Inc., the global
leader in Enterprise Security Management (ESM), today announced that it has
surpassed 100 customers, driving record-breaking momentum in key Fortune 500
vertical markets in the past year. In 2004, the company's growth exploded in
response to ever-increasing network security threats, heightened regulatory
environments, and the company's commitment to protecting its customers' vital
information assets. ArcSight's customer base now includes at least one
top-five company in 19 Fortune 500 vertical markets, including financial
services, banking, telco, high-tech, retail, healthcare and biotech, as well
as over 20 of the top 30 US federal government agencies spending money on
information technology.
"Fortune 500 organizations have a pressing need to manage enterprise-wide
security information risk and respond to critical threats in real time," said
Robert Shaw, chairman and CEO, ArcSight. "Regulations, including
Sarbanes-Oxley, HIPAA, and a host of other compliance and corporate policy
measures, compound that need even further. ArcSight ESM(TM) provides the
informational advantage that enterprises require to protect their critical
assets."
In 2004, ArcSight's quarterly revenue grew more than 100 percent on a year
over year basis, representing revenue from new customer deployments and its
global customer base. In addition, ArcSight's quarterly new customer growth
has grown more than 100 percent year over year. The company has moved beyond
its commanding market share in federal government agencies and has closed more
than 100 Global 2000 contracts fueled by the efforts of its new North American
headquarters, U.S. regional sales offices, and Asia-Pacific and European
outfits. The company has been cash flow positive for more than one year.
ArcSight has won several industry honors, including being named one of Red
Herring's Top 100 Private Companies in 2004. Most recently, ArcSight Discovery
won the Silver Award in the "network security devices and tools" category of
SearchNetworking.com's 2004 Products of the Year Awards. ArcSight's ESM
software also received Network World's Best of the Tests Award in the security
management category, the Network Computing Editor's Choice Award and the
Network Computing Well-Connected Award.
ArcSight will be exhibiting at this week's RSA Conference 2005 at the
Moscone Center in San Francisco at booth number 1201. The Expo Hall is open
to attendees Tuesday, February 15 from 10:00 a.m. - 5:00 p.m.; Wednesday,
February 16 from 10:00 a.m. - 5:00 p.m.; and Thursday, February 17 from
10:00 a.m. - 3:00 p.m.
About ArcSight
ArcSight, Inc. is the leading provider of Enterprise Security Management
(ESM) solutions. Winner of CMP's Network Computing Editor's Choice and
Network World Best of Tests awards, and included in Gartner's Leader Quadrant,
ArcSight ESM 3.0 enables enterprises to centrally manage information risk. By
comprehensively collecting and analyzing security data, ArcSight ESM 3.0
provides accurate, real time internal, external threat management and
compliance reporting. ArcSight customers include companies in the Fortune top
five of financial services, banking, telecommunications, high-technology,
retail, healthcare, and biotech industries -- and more than 20 of the top 30
federal agencies.
SOURCE ArcSight, Inc.
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Related links:
http://www.arcsight.com
CONTACT:
Skye Pillsbury of OutCast Communications,
+1-415-392-8282, or skye@outcastpr.com
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