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Clearswift Reports Solid Financial Growth and Appoints New COO

2010-01-28 20:01
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Web and Email Appliance business delivers growth strategy

LONDON -- (BUSINESS WIRE) --

Clearswift, the software security company, today reports positive sustained business performance in its third quarter (FY10), growing by 14% compared with the same quarter in FY09. Clearswift's growth is attributed to a 78% increase in Clearswift Web and Email Appliance sales, with 30% of new customers choosing to deploy both Appliances. Clearswift also announces today that Andrew Wyatt, formerly of Nokia Siemens Networks, has been appointed Chief Operating Officer (COO).

Clearswift's growth strategy has been focused on providing a unified information security solution which gives its customers the confidence to adopt web, email and collaboration technologies to allow their businesses to innovate. Customers report that they are reaping cost, management and deployment benefits from Clearswift's integrated web and email security, resulting in a saving of up to 40% on their security expenditure.

"The strength of our offering has enabled us to attract new customers and grow the overall business in challenging economic times" said Richard Turner, Chief Executive, Clearswift. "I am pleased to welcome Andrew Wyatt to Clearswift; his proven track record of building strong international technology companies means that Clearswift is well equipped to capitalise on new opportunities and build on our recent performance."

Andrew Wyatt, Chief Operating Officer, Clearswift added: "Clearswift's proposition is unique and that's what attracted me to work with the company. Whilst the rest of the IT security industry remains focused on threats and negativity, Clearswift is encouraging forward-thinking businesses to get ahead by safely using new and collaborative web and email technologies."

Andrew Wyatt joins from Nokia Siemens Networks and brings over 20 years of experience in the technology sector. Andrew was instrumental in developing Apertio Ltd into a world leading Telecoms infrastructure vendor leading to its acquisition by Nokia Siemens Networks in 2008. He was also part of the executive team at Paragon Software Ltd driving its record sale to Phone.com (now Openwave Systems Inc.) in 2000. Prior to this Andrew spent many years at Lotus Development Corporation in various Sales, Marketing and Engineering roles in the USA and International Markets.

About Clearswift
Clearswift's content-aware, policy based solutions enable over 17,000 organizations to manage and maintain no-compromise data, e-mail and web security across all gateways and in all directions.

 

CONTACT:

Clearswift
Nick Peart, +44(0)7795564984