Mirage Networks®, developer of patented,
full-cycle
Network Access Control (NAC) technology, today announced a record first
half of 2008. Company highlights for the first half of 2008 include:
Closed 87 new deals
Increased product revenues by 90 percent (versus 1st
half 2007)
Expanded its global customer base to 550 customers across 38 countries
Grew its partner network to include more than 170 channel partners
Received Notice of Allowance for its second U.S. Patent, with eight
pending
Recognized as “Best Entrepreneurial Company,
2008,” by Frost & Sullivan
Conducted OASIS 2008, the industry’s first
NAC Users’ Conference
Continued its strength in strategic partnerships with AT&T, IBM,
Oracle, and Avaya
During the first half 2008, Mirage added brand name customers around the
world including Alumina Partners of Jamaica, Bridgestone Corporation,
City of Overland Park, Cooper Clinic, Cypress Fairbanks ISD, Donegal
Insurance, Evans Hotels, First National Bank of America, Holy Name
Hospital, Indiana University, Isuzu Motors, Kolb+Co, Kyoto Women’s
University, Loyola Marymount University, New York Presbyterian, Osaka
University, Otto Fuchs KG, Palo Alto School District, Patrimonio, San
Antonio Express, San Diego County Credit Union, San Jose State
University, Seigakuin University, Tokyo Radiator, Toyota Mapmaster, USE
Credit Union, Valley Center Municipal Water District, Weingarten Realty
and Wright State University.
The company received notice of allowance for U.S. Patent Application
Serial No. 10/676,637, which will result in Mirage’s
second
patent being issued in the normal course of business, likely by the
end of 2008. With one patent
already, Mirage now controls patents on pre-admission and post-admission
virtually inline technology, enabling unique out-of-band deployment with
inline effectiveness. With its strong patent portfolio, Mirage is
recognized as the leading innovator in the NAC market.
In addition, Mirage received the 2008 Frost & Sullivan Best
Entrepreneurial Company Award, presented annually to the company with
fewer than 300 employees showing the highest achievement in innovative
product development, strategic business development and focused market
strategy. The award attributed Mirage’s key
relationships with IBM/ISS, AT&T and strategic partners in foreign
markets as integral causes of its strong growth in 2007. Frost &
Sullivan expects Mirage will continue to increase its share of a network
access control market that is estimated to reach $530 million within 2-5
years.
Mirage also introduced the industry’s first
ruggedized NAC appliance. Independently tested to comply with select
MIL-STD-810F standards, the appliance was engineered specifically for
industrial environments in gas and energy, transportation, military and
manufacturing organizations. Offshore oil rigs, power generation plants,
manufacturing facilities and mass transit systems are examples of harsh
environments where organizations have tremendous challenges deploying
networking and security equipment.
“Our solutions have never been more
compelling and our pipeline has never been stronger,”
said Greg
Stock, president and CEO of Mirage Networks. “NAC
is quickly becoming a fundamental component of security strategies in
organizations around the world. Our customers continue to value our ‘easy-to-deploy’
NAC solution which works in any network environment. We are extremely
pleased with our progress through the first six months of the year and
expect a fantastic second half.”
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients
to accelerate their growth. The company's TEAM Research, Growth
Consulting and Growth Team Membership empower clients to create a
growth-focused culture that generates, evaluates and implements
effective growth strategies. Frost & Sullivan employs over 45 years of
experience in partnering with Global 1000 companies, emerging businesses
and the investment community from more than 30 offices on six
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Growth Partnerships, visit www.awards.frost.com.
About Mirage Networks
Mirage Networks, Inc. is the leading provider of Network Access Control
(NAC) solutions. Mirage’s patented technology
gives organizations control of all network devices, increases network
uptime, ensures policy compliance, and reduces operational costs. Mirage’s
NAC appliances work in all network environments, deploy virtually
inline, and require neither signatures nor agents to enforce policy and
terminate zero-day threats. Mirage Networks is a consistent winner of
industry awards and recognition. Learn more at www.miragenetworks.com
and visit the Mirage CTO Blog at www.mirageblog.com.
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