NetWitness(R) Delivers Explosive Growth in 2009

NetWitness Reports Results Demonstrating Aggressive Growth and Continued Profitability in FY 2009

Jan 04, 2010, 09:00 ET from NetWitness Corporation

HERNDON, Va., Jan. 4 /PRNewswire/ -- NetWitness Corporation, the world leader in automated threat intelligence and real-time network forensics, reported exceptional performance for the 2009 fiscal year. The company achieved revenues in 2009 that were 220 percent of the previous year and significant increases in all key corporate performance measures, including six straight quarters of profitability. NetWitness' ability to deliver aggressive growth in turbulent economic times while maintaining profitability is a tribute to its ability to deliver compelling security value to a broad market.

NetWitness continues to demonstrate strong momentum across all industries where security focus exists and organizations understand advanced threats and the need for continuous network security monitoring. During 2009, enterprise deployments of NetWitness increased by 70 percent across U.S. Government agencies. The company also added new customers and sold follow-on deployments worldwide to the Global 1000 in the financial services, critical infrastructure, technology and manufacturing sectors. The number of NetWitness enterprise customers increased by more than 50 percent in 2009, a strong indicator for continued expansion and growth in 2010.

"Attacks are now targeted at specific resources and are designed to evade detection," said Mark Nicolett, VP Distinguished Analyst at Gartner, Inc. "The evidence of malicious activity is usually hiding in plain sight, and is undetected due to an inability to discern a pattern of abnormal activity or access from the normal activity patterns. Recognition and discovery of the weak signals of abnormal activity are now critical components of an organization's overall data protection and security strategy."

In 2009, NetWitness expanded its Herndon, Va. headquarters to accommodate the significant increase in sales, marketing, development, support, and engineering staff driven by customer adoption around the globe. NetWitness also opened its first international headquarters in the U.K. based on rapid customer growth within Europe, the Middle East and Africa (EMEA) with additional expansion supporting continental Europe, Latin America and the Asia Pacific geographies. In addition to North American channel growth, NetWitness also added security-focused partners across the U.K., Europe, the Middle East, Asia and Latin America.

"Despite the challenging worldwide economic climate, NetWitness surpassed its growth and profitability objectives for 2009," said Dana Duffy, CFO, NetWitness Corporation. "Given our explosive growth, successful track record, and customer satisfaction, we are confident that our 2010 performance will continue to show aggressive revenue increases worldwide."

About NetWitness Corporation

NetWitness® Corporation is the world leader in real-time network forensics and automated threat intelligence solutions, helping government and commercial organizations detect, prioritize and remediate complex IT risks. NetWitness solutions concurrently solve a wide variety of information security problems including: advanced persistent threat management; sensitive data discovery and advanced data leakage detection; malware activity discovery; insider threat management; policy and controls verification and e-discovery. Originally developed for the US Intelligence Community, NetWitness has evolved to provide enterprises around the world with breakthrough methods of network content analysis and host-based risk discovery and prioritization. NetWitness customers include Defense, National Law Enforcement and Intelligence Agencies, Top US and European Banks, Critical Infrastructure, and Global 1000 organizations. NetWitness has offices in the U.S. and the U.K. and partners throughout North and South America, Europe, the Middle East, and Asia.

To download the freeware version of NetWitness Investigator(TM), visit http://download.netwitness.com. For more information about securing your entire organization with NetWitness NextGen(TM), contact: sales@netwitness.com. Twitter handle: NetWitness

Gartner quote according to a September 2009 report entitled, "Pattern Discovery With Security Monitoring and Fraud Detection Technologies."

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