NetQin Mobile Adds 20 Million More Registered Users During Q3 Rise in malware and global expansion fuels continued rapid growth
SAN JOSE, Calif., Nov. 7, 2011 /PRNewswire-Asia-FirstCall/ -- NetQin Mobile Inc. ("NetQin" or the company) (NYSE: NQ), a leading provider of consumer-centric mobile security and productivity applications, today announced that it added over 20 million registered users during the third quarter. NetQin's comprehensive suite of mobile Internet services, which includes anti-virus, anti-spam, privacy protection, data backup and restoration applications, now has over 122 million registered users, in over 100 countries.
This 19% third quarter increase builds on momentum of the 16 million users NetQin added in the second quarter (an 18% increase over the first quarter). NetQin's continued rapid growth reflects several factors, including:
- The relentless proliferation of smartphones and mobile malware,
- Growing consumer awareness and concern about mobile security threats,
- The company's global expansion to regions like the Americas and EMEA, where mobile security is becoming more critical, and
- NetQin's proprietary "cloud+client" technology, which allows the company to identify and resolve more threats than any other mobile software company on the market today.
"Shipments of smartphones overtook PCs last year, and continue to grow at an astonishing rate, tripling over just the past two years," said Will Jiang, NetQin's Chief Strategy Officer. "As smartphones become more universally accepted, consumers place more and more confidential data – including financial information – on these devices and take them everywhere. Hackers, who can now steal significantly more personal and financial data from a vulnerable smartphone, are developing and releasing malware at a record pace. These numbers show that more and more smartphone users are taking advantage of NetQin's industry-leading technology to protect their mobile lives. Nevertheless, our highest priority remains increasing consumer awareness, because while we protect millions of users around the world, millions more are unaware of the very real threats that could compromise their data or personal information every day."
"As NetQin expands its presence in markets like the Americas and EMEA, we are adding over 200,000 new users every day," said Chris Stier, Managing Director Americas for NetQin. "The power of NetQin's unique cloud-based technology is that every user we add helps increase the knowledge gathered by our database, and that in turn helps us identify malware and provide solutions more quickly than any competitor. To date, we've identified over a billion malicious URLs and hundreds of thousands of malicious applications, giving us the ability to provide protection consumers won't find anywhere else."
NetQin Mobile Inc. (NYSE: NQ) is a leading global provider of consumer-centric mobile Internet services focusing on security and productivity. NetQin was one of the first companies to recognize the growing security threats targeting smartphone users and is now a leading Software-as-a-Service (SaaS) provider with over 120 million registered user accounts worldwide. As a market leader in mobile security, NetQin's innovation and global significance have been widely recognized through distinctions such as the 2011 Technology Pioneer Award bestowed by the World Economic Forum. For more information on NetQin, please visit www.netqin.com/en
Phone: (212) 453-2192
SOURCE NetQin Mobile Inc.