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ClearCube’s Phenomenal Financial Success in Q2 2008 Demonstrates Market Need for PC Blade Solutions

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ClearCube Technology

2008-07-29 07:00:00

ClearCube’s Phenomenal Financial Success in Q2 2008 Demonstrates Market Need for PC Blade Solutions

ClearCube’s Phenomenal Financial Success in Q2 2008 Demonstrates Market Need for PC Blade Solutions

Company Witnessed 48 Percent Revenue Growth Versus Same Period Last Year and a Significant Increase in Average Deal Size

AUSTIN, TX–(EMWNews – July 29, 2008) – ClearCube

Technology, the market leader in centralized computing solutions, today

announced it has experienced strong recent revenue growth based on larger

orders from existing customers. The financial success, along with a greatly

expanded channel partner program and positive response to new ClearCube

products and services, demonstrates the market need for the company’s

solutions.

For the quarter ended June 30, 2008, ClearCube’s revenue increased by more

than ten percent from the previous quarter, and over 48 percent versus the

same period a year ago. In addition, the average order size increased 18

percent versus the prior quarter, and represents an impressive 78 percent

increase versus the same period a year ago.

“These quarterly revenue gains, streamlining of our operating expenses, and

the recent spin-off of VDIworks have all contributed to a very healthy and

thriving financial outlook for ClearCube,” said Randy Printz, president and

chief executive officer of ClearCube. “We’re particularly excited about the

increased average order size. Although we continue to see many smaller

orders for new pilot programs, we’re also regularly receiving much larger

orders for full scale enterprise deployments. We expect this trend to

continue as centralized computing becomes more widely accepted and

additional vendors begin to explore this market.”

Among the other highlights from the second quarter of 2008:


--  Delivery of a PC blade solution without a distance barrier: With the

    general availability of the I9440 thin client, the A1410 PC blade, and

    ClearCube's Sentral™ v5.8 management software, ClearCube customers

    receive an exceptional performance from a centralized PC blade solution

    without a distance barrier. ClearCube continues to develop and deliver the

    industry's leading PC blade and centralized computing solutions.

    

--  Overwhelming presence at SIFMA conference: ClearCube witnessed

    significant booth traffic while demonstrating its latest solutions at the

    Securities Industry and Financial Markets Association (SIFMA) Technology

    Management Conference & Exhibit in New York. The company earned coverage on

    the front page of the show's first-day show daily publication.

    

--  Successful spin-off of company's software business: ClearCube spun-off

    its software business as a separate company, VDIworks, which now sells

    comprehensive virtual desktop management software as its Virtual Desktop

    Platform. ClearCube continues to leverage this award winning software and

    sells it under the Sentral brand.

    

About ClearCube

ClearCube is the market leader of centralized computing and virtual desktop

solutions. As the pioneer of centralized desktop computing, ClearCube

provides solutions that span 1:1 power users to 1:many virtualized desktop

environments, integrating connection broker software, blades, access

devices and professional services to give organizations full control and

flexibility over end-user computing. ClearCube’s Sentral™ VDI Management

System provides clients the ability to utilize any back-end hardware or

user access device for desktop virtualization. Organizations deploying

ClearCube gain improved manageability, 99.9 percent availability and

hardened security while reducing support costs by more than 40 percent. For

more information, visit its corporate website at www.clearcube.com.

For Immediate Release

Contacts:
Mike Barron
ClearCube Technology
512.652.3500
[email protected]

Ross Levanto/Rachel Lear
Schwartz Communications
781.684.0770
[email protected]

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