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Wednesday: March 9, 2005 |
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Aelita Software Corp. Aelita Software achieves significant revenue increase for year ended Dec. 31 Continued profitability, new products, partnerships, and infrastructure expansion mark 2002 COLUMBUS, Ohio, March 11, 2003 – Aelita Software achieved continued profitability and revenue growth during the year ended Dec. 31, 2002, while at the same time accelerating momentum toward its long-term strategic goals. Year-end revenue increased 56 percent compared to the previous year, fueled by new products, new partnerships and an expanding international sales and marketing organization. Fourth quarter revenue also increased compared to the same quarter a year ago. “Aelita continues to grow and develop as an organization, with a continued focus on customer-driven technical excellence that puts our products ahead of competitors’,” said Ratmir Timashev, Aelita president and CEO. “As Active Directory adoption continues, the need for secure third-party migration and management solutions is becoming increasingly clear, and market recognition of our unparalleled technical expertise is prompting increasing interest in our products, both in North America and in Europe. Our partnerships with Microsoft and Hewlett-Packard will help this trend continue.” Highlights of 2002 included: •Closing nearly 1,300 new deals, including major contracts with the U.S. Internal Revenue Service and adidas-Salomon. •Aelita’s first round of venture capital investment, in which Insight Venture Partners took an equity position for $10 million. •The introduction of new versions of Aelita’s automated backup and recovery products, ERDisk for Active Directory and ERDisk for Windows. New versions of InTrust, Aelita’s solution for network security auditing and monitoring, and of Enterprise Directory Manager were also made available during the year. •Designation as an HP OpenView Solution Alliance Partner, followed by HP certification of Aelita’s Smart Plug-Ins (SPIs), designed to integrate Aelita solutions with HP OpenView Operations for Windows. •Expansion of Aelita’s corporate headquarters, the opening of a European headquarters office in Reading, United Kingdom, and the addition of 85 new product developers. •Significant headcount expansion in other areas, as Aelita continued to build its infrastructure to support the growing customer base. About Aelita Software Corporation Aelita Software specializes in the secure management and migration of Windows-centric IT environments. Aelita’s products offer efficient control of Windows, Active Directory, Microsoft Exchange and .NET infrastructures through the secure management of migration and deployment, administration and provisioning, operations and security, and backup and recovery. These technically advanced products are engineered to reduce administrative workload, increase operational security and minimize system downtime. Aelita is a Microsoft Gold Certified Partner, as well as an HP OpenView Solution Alliance Partner. Aelita Software is headquartered in Columbus, Ohio, USA, with offices worldwide. Contact Aelita at 800.263.0036 or visit www.aelita.com. # # # CONTACT: Carrie Reber Aelita Software 614.336.9223 ext. 760 [email protected] |