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Nimsoft Press ReleaseNimsoft Continues Rapid And Unabated Revenue GrowthMultiple Customer Wins Combined with Increases in Recurring Revenue Drive Continued Dramatic Growth Redwood City, California - August 8, 2007 – Nimsoft, Inc., an emerging leader in service level management (SLM) solutions, announced quarterly results that continue to soar. Today Nimsoft delivers incredible financial results for a product that meets the needs of a fast growing global marketplace. For Q2 2007, Nimsoft reports a 64 percent year-over-year increase and a near 100 percent increase in its recurring revenue base. Adding 33 new customers to its roster, the Nimsoft customer base now surpasses 450 globally. New customers include Central Texas College (USA), Damovo (UK), ICO (Spain), Innovative Vision Technologies (USA), Norsk Sykepleierforbund (Norway), Soka-Bau (Germany), and Swarco (Sweden). “As an experienced team in this market, we’ve seen years of customer dissatisfaction with products that failed to deliver as promised. Whether our customer is a medium business, a large enterprise or a managed service provider, our product is delivering the value they need in a flexible, lightweight and easy-to-deploy monitoring system for their entire IT infrastructure,” said Gary Read, president and CEO, Nimsoft. “Key to our growth is delivering an effective solution combined with incredible levels of support and customer satisfaction.” Nimsoft continues to grow on all fronts. The company now totals 115 employees worldwide and opened a new sales and support office in Chicago, which augments the New York City office opened last quarter. In addition, there are plans to expand its London, Silicon Valley and Oslo offices. Nimsoft also delivered ground breaking product developments in the second quarter. These products address the need of customers for all types of enterprises in maximizing existing capital resources with virtualization and developing highly available environments that cannot be compromised by failure.
About Nimsoft Nimsoft is the premier provider of business-focused service level management solutions that customers can easily deploy and use. The company’s Service Level Management solutions – NimBUS – are used by hundreds of companies across diverse industries to manage complex networked systems and meet service level agreement targets. Nimsoft solutions combine advanced SLM functionality and broad platform coverage with unprecedented ease of implementation, deployment and use. Service Level Management…within reach NimBUS, Nimsoft and the Nimsoft logo are trademarks or registered trademarks of Nimsoft Inc. All other company and product names may be trademarks or registered trademarks of their respective companies. © 2007 Nimsoft Inc. all rights reserved.
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"At US&S, we're responsible for governing and executing business critical functions such as brake assurance, over-speed detection and door controls; therefore continuous network access is imperative to safely and efficiently process our driver-less operations."
"During our rigorous evaluation testing, the Nimsoft's NimBUS product demonstrated to us that its superior network monitoring capabilities will ensure that US&S continues to provide impeccable quality of service to all of its end-users." Russ White, Vice President, Automation and Information Systems, US&S
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