October 25, 2004
Authentica Announces Record Results for Q3 2005; Company Signs on New Customers, Expands Product Line, Achieves Over 200% Growth
Authentica, Inc., a provider of enterprise rights management (ERM) solutions, announced a record third quarter for 2005. The company's bookings more than doubled since 2004, while expanding its partnerships, customer deals and product line.
"We attribute much of the growth to shifting our focus from secure email delivery to enterprise rights management for documents and email," said John Bruce, CEO of Authentica. "In addition, we are increasingly working with OEM partners to integrate our technology into their products based on the need they're beginning to see in their customers. We're expecting these two factors to drive continued growth over the next several quarters."
Highlights for Q3 2005 include:
Expanded Customer Base - Leading companies such as Saudi Telecommunications, SPARTA, Mattel and EPS Settlements Group selected Authentica's solutions in Q3 2005.
Extended Engagements with Existing Customers - Cornerstone clients such as e-Mining, Southeastern Asset Management, ID Networks, Caremark and Medica purchased additional Authentica solutions, based on the positive return on investment they have achieved.
Growth in the Government Sector - The Department of Defense and the Intelligence Community have chosen to extend their relationship with Authentica, based on the successes they have already realized as a result of working with the company.
Product Expansion - Authentica announced several new product releases in Q3 2005, including: Secure Mail for Outlook 4.0, Secure Gateway 4.3, Secure Documents for PDF 4.0 and Policy Server 3.3.
Gained traction in the analyst community through prominent coverage in reports, such as the Forrester ERM report, and keynotes at analyst events, such as Jupiter's DRM Strategies conference.
"Organizations are increasingly recognizing the need for enterprise rights management and Authentica has clearly emerged as a leader in this space," said Bill Rosenblatt of GiantSteps Media Technology Strategies. "Its Active Rights Management platform is an excellent choice for companies looking to protect and secure data both internally and externally without making changes to existing workflows."
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