Attivio Announces Major Milestones and Adds to Executive Team to Extend Momentum

NEWTON, Mass., Feb. 10 /PRNewswire/ -- Attivio, Inc. today announced major milestones achieved in its fiscal year which closed Jan 31, 2010, including new customers, partner additions, growth and the prestigious Red Herring Global 100 award.  Additionally, the company announced new appointments to its executive team and board of directors to further accelerate momentum.

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Financial and Operational Achievements

At a time when many technology companies had minimal growth and did not meet expectations, Attivio was able to achieve sales growth of 334 percent over the previous fiscal year and doubled its customer base.  The company now has customers on three continents, including organizations such as Advanced Micro Devices (AMD), the global semiconductor company; Deutsche Telekom's FriendScout24, the largest online dating site in Europe; IntraLinks, the premier provider of virtual data rooms; and Thumbplay, the #1 mobile entertainment destination in the U.S.  Other customers include one of the largest sports membership associations in the world, two of Information Technology's largest computer and networking providers, and two major non-profit organizations.  

Partnering for Success

As part of its strategic direction, Attivio partners with leading organizations throughout the world to deliver on its core mission of providing the premier unified information access platform for information-driven applications and solutions.  The Company provides a range of services to help VARs and system integrators grow revenues as well as align their go-to-market strategies with the Active Intelligence Engine™ (AIE) platform. Recently added partners include Accenture, Ness and  Netezza.  

Major system integrators like Accenture are using Attivio AIE to support their service offerings in areas that include social CRM, search and business intelligence. In a recent article, Joe Hughes, a senior executive at Accenture said "Traditional mainstream marketing forces a message through the marketing funnel, moving through stages from building awareness to earning loyalty. It only allows dialogue and relationship building as the prospect or customer progresses through the funnel. By contrast, the digital revolution, particularly social media, makes it possible to engage in a dialogue with prospects or customers much earlier and at many more touch points. This creates a lot more data that marketers will need to search through."  Mr. Hughes also stated that "Attivio's technology reduces the time needed for identifying trends through Twitter or blog data from weeks and months into hours and minutes."

Award Winning Technology Platform

Today's release includes the announcement that Attivio has recently been named to the Red Herring Global 100.  Winners selected for this honor were evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy and integration. The Red Herring Global 100 judges looked closely at the company's global strategy to evaluate how it will be able to handle the challenges of internationalization and provide a global presence for its customers and partners.

The Red Herring Global 100 designation follows previously announced recognition by leading industry authorities such as Gartner who named the company a "Cool Vendor in BI and Performance Management" and in the 451 Group Impact Report Attivio was recognized for its "innovative technology."  Additionally, in 2009 the company was listed to the eContent 100 and the InformationWeek Startup 50, and AIE was named a Trend Setting Product by KMWorld.  

The Company also announced the latest version of its flagship Active Intelligence Engine (AIE) in a limited release for selected customers. AIE Version 2.0 includes new groundbreaking features like low latency indexing, Structured Query Language (SQL) support and a JDBC driver for providing unified information to business intelligence (BI) reports and dashboards.

Retaining Leadership in 2010

To support its rapid growth, Attivio also announced it has appointed Mark Ward to the position of Executive Vice President of Sales and Jack Berkowitz to the role of Vice President, Customer Delivery.  Both executives bring more than 20 years of experience to their respective roles.  Additionally, Joel Tomas Citron, Managing Director/CEO of Tenth Avenue Holdings, has been appointed to the company's board of directors.

Mr. Ward is responsible for expanding all aspects of customer and partner education, support and success.  He joins Attivio with deep information management experience, having maintained executive-level positions with EMC, Enterprise Storage Ventures, Storage Technology Corporation and Copan Systems.  Mr. Berkowitz will ensure the transparent implementation of Attivio solutions within the enterprise as well as work with partners to ensure the appropriate delivery of services and solutions to the growing customer-base.  Prior to Attivio, Berkowitz spent time as an independent consultant performing strategy, product and business analysis activities for companies including FieldConnect, DCS, Financial Times Search and Ontology Partners.  Berkowitz has also held executive-level positions with Siderean Software, Cerebra, Inc., and Reef Software.  Mr. Citron has been the Chairman and/or CEO of a number of companies, including Jovian Holdings, Mastec, and Proventus.

"When we started out, we not only wanted to be successful, we wanted Attivio to be the leading unified information access platform so we spent a great deal of effort and resources putting together a talented and experienced team that would deliver," said Ali Riaz, CEO, Attivio. "We are extremely grateful for the tremendous support we have received from our customers and a broad range of colleagues and mentors too numerous to mention.  We are also thrilled that we were able to achieve these milestones and growth in such a challenging environment, enabling us to expand our executive team and development efforts so we can bring Attivio to an even greater level of success in the coming year.  We look forward to bringing our customers and partners along on this important journey."

About Attivio

On-demand insight is critical to the success of any business, but the information that decisions and processes depend on is created and stored in many formats - databases, spreadsheets, documents, emails, blogs, and more. Attivio provides the solution to this long-standing problem of information isolation by integrating search, business intelligence and process automation capabilities to provide answers and intelligence – not just data. With Attivio's Active Intelligence Engine™ (AIE), users retrieve and analyze all types of content and data with one simple, search-style query or via reports and executive dashboards.

AIE's dynamic approach to unified information access features rapid development, true incremental scalability and a tiny footprint that can be easily embedded in other products and applications. Business and IT leaders, system integrators and independent software vendors partner with Attivio to address today's global business imperatives - uncovering insights that drive innovation and reveal new opportunities, mitigating risk and containing cost. Please visit www.attivio.com for more information.

SOURCE Attivio, Inc.