Thursday, July 28, 2011
Avecto Announce Significant Year End Results for 2011
Boston, MA and Manchester UK
Avecto, the leader in Windows Privilege Management today
announced further record breaking results from their 2011 financial
year end.
Paul Kenyon, COO comments: "Yet again the Company has
experienced huge growth over the last 12 months and revenue from
the North American market alone, now represents over 40% of our
turnover during this period. Year on year we are doubling the
size of our business with sales figures up over 350% at our
financial year end in June 2011."
In early May 2011, Avecto acquired substantially larger business
premises in Andover, MA. Within 2 months the company had quadrupled
their North American regional sales teams, and plans are in place
to continue growing at an even faster pace as the year
progresses.
Avecto's Privilege Guard was recently chosen by one of the
world's largest, and most respected, financial institutions, to
help bolster IT security and effectively manage user privileges.
The institute are now implementing the solution across their entire
estate of 400,000 desktops worldwide.
"Additionally, over the last six months, we have further
strengthened our product development team, increased the number of
channel partners across the globe, and expanded key strategic
partnerships throughout the industry. In short, we are building an
increasingly solid foundation for further business growth." adds
Kenyon
Avecto's Privilege Guard enables organizations to strike a
balance between providing users with a degree of control over their
desktop configuration, and protecting the standard desktop build.
Instead of giving admin rights to users, Privilege Guard enables IT
administrators to assign elevated rights to individual applications
and tasks.
Between now and the end of their next financial year Avecto is
scheduled to attend a wide range of industry events including Focus
11 - the fourth annual McAfee security conference, Microsoft
Management Summit, InfoSec Europe and TechEd.
About Avecto
Avecto is the leader in Windows privilege management, helping
organizations to deploy secure and compliant desktops and servers.
With its award winning Privilege Guard technology, organizations
can now empower all Windows based desktop and server users with the
privileges they require to perform their roles, without
compromising the integrity and security of their systems.
Customers of all sizes rely on Avecto to reduce operating
expenses and strengthen security across their Windows based
environments. Our mission is to enable our customers to lower
operating costs and improve system security by implementing least
privilege. Avecto is building a worldwide channel of partners and
system integrators and is headquartered in Manchester, UK with key
regional offices in Andover, MA and Rotterdam, Netherlands
Contact:
Donna Shaw
donna.shaw@avecto.com
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