Panda Software Continues To Capture The Antivirus Market Worldwide
Second quarter figures released by Panda Software reveal company-wide growth of 63 percent as compared to the second quarter 2001. The United States division of Panda Software recorded a spectacular 268 percent increase in sales over this time last year.
Results for Internet sales have been equally impressive. The company focus to develop and promote e-commerce has begun to reap rewards, with first-quarter e-sales up over 500 percent from last year.
12 years of relentless growth
Panda Software began some twelve years ago in Spain with the goal of becoming the world’s leading developer of antivirus software. The United States division opened six years ago. Today, the company is among the top antivirus manufacturers, confirmed by the numerous awards and quality certifications received from leading international IT security organizations.
With offices in more than 50 countries, Panda’s international expansion strategy has been a key factor in the company’s success. José Maria Hern??ndez, VP international expansion explains, “Internationalization is a cornerstone to our success, and our priorities at present include gaining a solid foothold in Japan and also in Australia to extend our infrastructure to all five continents.”
Other recent initiatives include a joint venture with the Founder Group, the second most important PC manufacturer in China, and a distribution deal with Ateker Information & Consulting CO. Ltd, which will ensure Panda Software’s solutions reach all possible sales outlets in Taiwan.
The second quarter of 2002 has also seen Panda close major new agreements with firms such as Packard Bell, HP and LG, and the company is now an active member of the Citrix Business Alliance.
By thinking globally and acting locally, Panda Software has seen its sales turnover increase eightfold over the last five years and expects to return record results again this year. These achievements are largely fuelled by a range of innovative solutions, available in more than 20 languages and backed by Panda’s pioneering 24 hour, year-round tech support services offered in local languages.
About the International Independent AV Developer:
Panda Software (http://www.pandasecurity.com) is a leading international developer of computer security software for all types of customers: corporate clients, small and medium sized companies and home users. The company has recently released two new enterprise antivirus solutions, Panda Antivirus Enterprise Suite and Panda PerimeterScan. Panda’s 100% in-house, cutting-edge technology has received awards and quality certifications from the most widely respected IT security institutions. Panda Software was the first to allow truly automatic, daily signature updates, as well as centralized administration of antivirus protection, both of which have revolutionized the antivirus industry. The quality of Panda Software’s products has been endorsed by the major industry watchdogs including Virus Bulletin, ICSA Labs and CheckMark.