AlterPoint Opens 2008 with Record Results

AUSTIN, Texas--(BUSINESS WIRE)--AlterPoint, Inc. (www.alterpoint.com), a leading provider of open network management software, today announced record results for the quarter ended March 31, 2008, highlighted by the largest first fiscal quarter of sales in Company history, and an increase of more than 65 percent in license transaction sales over the prior-year period. This is the company’s fourth consecutive quarter of nearly 50 percent or greater sales growth over the prior-year period.

“AlterPoint is delivering a unique solution in a market where the ‘big guys’ would like to dominate”

“Networks are becoming increasingly strategic to large-scale IT operations, and as a result, we continue to see increasing demand for our software to address challenges around cost containment, security and compliance,” said Scott Harmon, CEO of AlterPoint. “Our performance this quarter proves yet again that having the right commitment to innovation, execution and customer service excellence can yield incredible results. I am very proud of what we’ve achieved in a difficult economic climate, and the demand we continue to build in new market categories.”

Highlights and accomplishments in the first fiscal quarter of 2008 include:

• Record-breaking Sales: the largest first fiscal quarter of sales, beating forecasts by more than 20 percent; and the largest number of license deals in two years, including a leading outdoor retailer, one of the country’s largest and oldest utility companies, and a number of government agencies.
• Customer Validation/Market Adoption: over 300,000 network devices are now managed with AlterPoint products.
• Product Innovation: the “Mako” release of NetworkAuthority, which allows users to easily download and drop in device adapters, scripts, change templates and other content developed by the ZipTie open source community.
• Strategic Alliances: partnerships with software vendors Compliance Spectrum and Fortinet, intended to help enterprises ensure the continuous compliance of networks with multiple regulatory mandates, and deliver advanced management solutions for enterprise network security, respectively.
• Open Source Initiatives: the launch of ZipForge, industry’s first network management exchange where members of the ZipTie community and ZipTie Open Network Alliance (ZONA) can download, develop and share scripts, change templates, rules, policies, adaptors, plug-ins and best practices; and the addition of independent software vendors and equipment providers ADTRAN, CITTIO, Concursive and Silver Peak as new members of ZONA.

“AlterPoint is delivering a unique solution in a market where the ‘big guys’ would like to dominate,” said Mike Rovner, Partner at Austin Ventures and a member of AlterPoint’s board of directors. “The company’s achievements in the first quarter are proof that customers recognize the value of AlterPoint’s open network management approach and prefer a best-of-breed solution based on deep network management expertise.”

About AlterPoint, Inc.

AlterPoint open network management solutions optimize network spend and better align IT with business imperatives. The world’s most respected enterprises rely on AlterPoint to curb hardware over-provisioning, reduce specialized labor, lower the cost of compliance, and improve the availability of network services. AlterPoint’s open, comprehensive network CMDB combines operational and business data to automate, analyze and optimize network change, compliance, security and equipment lifecycles. Multiple stakeholders benefit from AlterPoint’s customizable analytics and dashboards for impact assessment, faster troubleshooting, compliance scorecards and trend analysis. Founded in 2001, AlterPoint is headquartered in Austin, Texas. For more information, please visit http://www.alterpoint.com.

© 2001-2007 AlterPoint, Incorporated. All Rights Reserved. AlterPoint, NetworkAuthority, DeviceAuthority, and their respective logos are trademarks of AlterPoint, Inc. in the United States and other jurisdictions. All other company or product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.

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