Optenet Reveals Outstanding Results for Financial Year 2009 as Enterprise Demand Soars

MIAMI, MADRID and LONDON, March 15, 2010 /PRNewswire/ -- Optenet, a pioneer and global leader of enabling SaaS offerings and delivering "on-premise" security solutions, ( http://www.optenet.com/en-us/index.asp) today announced that 2009 generated huge success for the security specialist, as it announces a 20% rise in revenues during the past year.

Despite the challenging economic conditions of 2009 which resulted in a global reduction of 5.2% in IT spend, Optenet forged ahead as it delivered high-performance security solutions that offer a highly competitive Total Cost of Ownership to hundreds of service providers and large enterprises worldwide.

Optenet, which has historically been favored by ISPs with clients, has seen its global business increase on average by 40% every year over the last 4 years. More recently the company has been responding to escalating demand from the enterprise market and in the last year enterprise sales grew to their highest levels, now representing 35% of the organization's total revenue. To support its growing customer base, Optenet also expanded its team by 35%.

Ongoing success in capturing market share was driven by Optenet's ability to deliver the hybrid solution, a range of on-premise and cloud-based technologies to secure against email and web-based threats. With more and more enterprises looking to utilize cloud solutions but hesitating to place 100% of their IT services outside of their direct control, Optenet's hybrid offering has been warmly welcomed by the market.

Commenting on Optenet's 2009 success, Francisco Martin Abreu, Optenet's president and CEO, said: "Optenet delivers a compelling proposition to organizations looking to offer a wide customer base with secure access to web and email. Our experience in delivering solutions to major Internet and telecommunications service providers places us in a prime position to spread our wings and present our proven technologies to the wider channel."

Optenet's growing position in the security market was further recognized earlier this year, when for the first time, the company was placed within the Gartner Magic Quadrant report.[1] The report states that Optenet is a strong shortlist contender for large organizations and service providers which clearly mirrors Optenet's increased market footprint.

Following such a positive year, Mr Martin is confident that 2010 will herald even greater success, "2010 brings with it many opportunities for Optenet. Companies are using the current climate to review the market and assess alternatives based on cost and service offering. Ours is a distinct proposition; solutions delivered purely on our own technologies, a highly cost-effective service model and our ability to deliver hybrid solutions tailored exactly to an organization's IT security requirements. I'm sure that these factors combined with Gartner's recognition and our current finalist position in one of the security sector's leading industry awards will blow our cover as the sector's best kept secret and make us one of the most talked about security service providers in the year ahead."

About Optenet

Optenet is a global IT security company providing high-performance security to service providers and large enterprizes worldwide. With the largest ISP customer base and 12 years of experience, Optenet is a pioneer and global leader of enabling SaaS offerings ( http://www.optenet.com/en-us/index.asp) and delivering "on-premise" security solution. Its technology protects more than 100 million end users worldwide and is deployed globally at over 90 ISPs. Dedicated to protecting children by eliminating illegal content on the Internet, Optenet works with government and non-profit organizations to create a secure online environment for minors. For more information, visit http://www.optenet.com. ---------------------------------

[1] Firstbrook, P. "Magic Quadrant for Secure Web Gateway, 2010," Gartner, January 8, 2010.

SOURCE Optenet