Bluesocket, Inc. Continues to Thrive with Record Third Quarter
London – October 24, 2005 – Bluesocket, Inc., (www.bluesocket.com) the leader in open wireless security and management solutions, today announced a record growth quarter in Q3 2005, achieving 23 percent increase in revenue over the previous quarter and nearly doubling over the previous year.
“We continue on our strong growth path with another ground breaking quarter,” said Ralph Calistri, CEO of Bluesocket. “Corporate winning is a team sport and this quarter showed how a team can build momentum in the market with our complete wireless LAN solution available and shipping. We are demonstrating through this execution that we are thriving and the market is aware we are in the game. Our momentum will continue in Q4.”
In the midst of its record sales growth, Bluesocket also successfully delivered on a busy schedule, introducing many new products as part of the company’s strategy to bring trust and simplicity to increasingly complex wireless networks. The company announced general availability of its zero-configuration BlueSecureÃ¢â€ž? Access Point 1500, and the industry’s first centralised RF sensor, the BlueSecure Centralised Intrusion Protection System (IPS). Bluesocket already has seen significant traction for its access point line with both new and existing customers.
Bluesocket also signed on new distributors, including CatalystTelecom in North America and DNS in Europe, further developing its reseller channels and increasing penetration of Bluesocket solutions across the global marketplace.
“We continue to see traction not only from new customers, but also from existing ones,” Calistri continued. “As in the past, our great quarterly results were based in part upon current customers placing additional orders in Q3. Now, with our new products available and our expanded channel strategy, Bluesocket will build on this growth and remain committed to delivering to our customers an end-to-end WLAN solution.”
Building on last quarter’s strong customer momentum, Bluesocket is closing in on the 1,500 customer mark worldwide with approximately 130 new customers signed this quarter including:
Ã‚Â· Industrial: Helena Chemical
Ã‚Â· Libraries: Memphis Public Library
Ã‚Â· Healthcare: Mercy Medical Center, Banner Pharmacaps
Ã‚Â· Education: Lincoln Unified School District
Ã‚Â· Telecommunications: Telecommunications Service (Andorra)
Ã‚Â· Enterprise: Grazer Wechselseitige (Austria)
Ã‚Â· Government: Catalan Parliament (Spain), Idaho National Laboratory
About Bluesocket, Inc.
Founded in 1999, Bluesocket is the leader in open wireless security and management solutions. Its extensive WLAN product portfolio delivers trust and simplicity to increasingly complex wireless networks. Thousands of BlueSecure Controllers are deployed by leading enterprises including Harvard University, Honeywell, Universal Health Services, Toyota, Parker Hannifin and others who require a higher quality of WLAN service. Bluesocket’s long-standing expertise in wireless and security has attracted a large customer base that spans enterprise, education, healthcare, government, library and public access markets. Bluesocket customers can profit from their wireless networks by protecting existing investments, maximising ROI, and increasing their competitive edge. For more information, please visit http://www.bluesocket.com.
Bluesocket, the Bluesocket logo and BlueSecure are trademarks or registered trademarks of Bluesocket, Inc. All other trademarks, trade names and company names referenced herein are used for identification only and are the property of their respective companies.