Brisbane, Calif. – October 31, 2005 – Wily Technology Inc., the leader in Enterprise Application Management, today announced it achieved worldwide sales growth of 43 percent in Q3 2005 compared to the same period in 2004. Demand for Wily’s application performance management solutions continued to surge in Q3 as the company released Wily 6, the latest version of its flagship Introscope® product, closed on its acquisition of Timestock, Inc., expanded its partnerships with the worlds leading application vendors and maintained a steady pace of international expansion. Year-to-date, Wily has grown worldwide sales by 69 percent compared to the same period in 2004.
“This was another strong quarter for Wily. We continue to grow faster than the market because we offer the most effective solutions for enterprises to ensure the performance and availability of their revenue generating applications, “said Dick Williams, president and CEO of Wily Technology, Inc. “Companies trust Wily for their application management needs because we provide all the real-time information required for end-to-end application management, and we continue to release innovative new solutions that meet their evolving needs such as Customer Experience Manager, MQ monitoring and the first production error detection solution.”
Many leading enterprises across all industries selected Wily in the quarter to meet their application management needs. Key new or extended customer relationships in the third quarter of 2005 included: Caterpillar, Citizens Property Insurance, City of Chicago, Discovery Communications, Honda Canada Manufacturing, Kohls, Motricity, San Diego Data Processing Corporation, UNICCO Service Company, U.S. Bureau of Engraving and Printing, VNU eMedia, World Wide Technology, AIB, AWD GmbH, Kaufmännische Krankenkasse, MKK, Sekerbank, American International Assurance and SMG Co. Ltd.
Between Q3 2004 and Q3 2005 outside the U.S., Wily achieved 125 percent growth in Europe and 306 percent growth in Asia Pacific. Year-to-date, Wily has grown its combined sales for Europe and Asia by 129 percent compared to the same period in 2004.
Wily Acquires Timestock
In Q3 2005 Wily closed its acquisition of Timestock, Inc. and created a new Customer Experience Management business unit to be led by Dave Chapman, former CEO of Timestock. Timestock solutions detect, prioritize and isolate complex problems that affect the ability of customers to execute successful transactions in any application, whether it was built on Java, .NET, mainframe, or other technology. Timestock technology will be used to extend the deep application visibility and problem diagnosis capabilities already provided by Introscope, Wily’s award-winning application performance management solution.
Wily was named to BEA’s new Global Management Alliance (GMA) in Q3 2005, an elite designation within the overall BEA Partner Program. This past quarter, Wily became the only management vendor to successfully validate its solutions for the entire BEA WebLogic platform including WebLogic Server 8.1, WebLogic Portal 8.1 and WebLogic Integration 8.1. Validation of Introscope by BEA assures WebLogic customers they can continue to choose Introscope to proactively manage and monitor their enterprise web applications.
Wily expanded its global network of systems integrators, distributors and resellers to 63 in Q3 by establishing new partnerships with Adanta Systems, Kainos Software Ltd., Millennium Software Solutions Inc., SAFE-IT and TSI.
Significant New Products
Wily introduced Wily 6™ in Q3 2005, a new version of the world’s most advanced solution for managing the availability and performance of business-critical web applications. Only Wily 6 can provide application management teams with real-time visibility into actual customer transactions as they cross through heterogeneous systems, from the browser to connected back-ends. Wily 6 supports all leading application platforms and enterprise J2EE software packages, innovations in Wily 6 include Introscope ErrorDetector™, the first solution for the detection and diagnosis of serious application errors that can prevent users from completing web transactions; expanded capabilities to monitor IBM WebSphere MQ; and significant deployment and usability enhancements.
Wily also shipped Introscope for SAP® NetWeaver™ in Q3 2005 which enables SAP customers to maximize application uptime and performance through end-to-end, real-time visibility into real transactions by ensuring applications built on SAP NetWeaver and SAP Enterprise Portal successfully meet business goals. Introscope for SAP NetWeaver provides SAP customers with the same performance management tools used today by SAP’s Active Global Support (AGS) centers.
Expanded Professional Services
In Q3 2005, Wily expanded its professional services organization and named Melinda Watson, a 20-year technology veteran, to the position of VP and General Manager of Consulting. Watson will be responsible for the ongoing growth of Wily’s professional services organization, which has grown over 110 percent in the past year.
About Wily Technology, Inc.
Wily Technology is the market-leading provider of Enterprise Application Management solutions. By providing end-to-end visibility into customer transactions in real time, Wily`s products enable companies to successfully manage the health and availability of their critical Web applications and infrastructure. Wily`s collaborative management approach allows enterprises to rapidly detect and diagnose application slowdowns and failures, and better assess the impact of application performance on business success. This means better customer service, more stable revenue streams, and higher IT productivity.
Wily Technology and Introscope are registered trademarks and Wily Customer Experience Manager is a trademark of Wily Technology, Inc. All other trademarks or registered trademarks herein are property of their respective owners. Other products mentioned are the trademarks of their respective corporations.