Business Services Industry
NetworkStreaming Selected To Present At DEMO 2006; Closes 2005 With Record Revenues and More Than 1,500 Customers Worldwide
Business Wire, Jan 9, 2006
RIDGELAND, Miss. -- NetworkStreaming, Inc. announced today it has been invited to participate in the prestigious DEMO Conference taking place February 6-8 in Phoenix, Arizona. The invitation caps off a record year for the company which has seen tremendous success selling its appliance-based remote control software to over 1,500 enterprise and small to medium-sized business customers. The company also tripled its revenue over calendar year 2004, doubled its employee base and closed $6M in venture funding. NetworkStreaming broke every sales record it had including increasing its Q405 revenue by 175 percent over the same quarter in 2004.
"As the number of mobile and remote employees continues to grow, enterprises are increasingly investigating remote tools as a way to reduce the cost of supporting these employees" said Matt Healey, senior research analyst for Software and Hardware Support Services at IDC. "We expect market adoption of this technology to rise in the next few years as users begin to realize the cost savings associated with these tools."
NetworkStreaming's SupportDesk provides ideal functionality and cost efficiency for IT organizations and line-of-business managers to meet their online IT support needs. The advantages of an appliance include reduced costs, turn-key deployment, enhanced security, compliance and control.
Offering a solution that meets an actual problem has resulted in monumental growth for the company. In addition to significant customer adoption in the vertical enterprise space the company's SupportDesk appliance has been implemented with nearly 5% of the Fortune 1000. Other key accomplishments achieved by the company in 2005 include:
--InfoWorld named Physician Micro Systems to its annual InfoWorld 100 list for the company's use of NetworkStreaming's SupportDesk.
--Security industry heavyweight, Symantec Corp. conducted a penetration assessment and found the company's SupportDesk appliance designed with security best practices.
--The company participated in the Mississippi Technology Alliance TechFix Mississippi Program, a unique technology offering to businesses affected by Hurricane Katrina.
"IT support professionals are always looking for the technologies and solutions that will help them solve problems quickly and accurately - and won't eat up too much of their budget. Companies like NetworkStreaming are ahead of the curve in providing the technology that really meets the needs of the market, said Chris Shipley, executive producer of DEMO. "Additionally, as the technical support market evolves to include support for all PC-related devices - including those for digital home - the ability to provide immediate response to customer tech support incidents will become essential for providing all types of customer service and support."
About NetworkStreaming
Based in Jackson, Miss., NetworkStreaming specializes in appliance-based solutions for remote control support, access, presentation and collaboration. NetworkStreaming allows companies to connect to remote clients and co-workers via the Internet anywhere in the world, in less than 10 seconds. The company is the only provider in the industry offering an appliance-based solution, providing companies with an unparalleled level of security and the ability to scale efficiently. Backed by venture capital, the company has grown steadily since its inception in 2003, securing more than 1,600 customers in all 50 states in the US and 33 countries, in addition to resellers in Canada, South Africa and the U.K.
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