ClearCube’s Phenomenal Financial Success in Q2 2008 Demonstrates Market Need for PC Blade Solutions
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: Ross Levanto/Rachel Lear |
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