Report: Websense Had Nearly Half of Web Filtering Market Share in 2005
According to the July 2006 Gartner Dataquest report “Market Share: URL Filtering, Worldwide, 2005,” by Nicole S. Latimer-Livingston, Websense not only retained its leadership position over other market players in 2005, but continued to widen the gap; growing its market share to nearly 50 percent (49.6%). Websense’s share of the market was more than 25 percent larger than its closest competitor. The total URL (web) filtering market grew 23.6 percent to nearly $300 million in 2005, according to the Gartner report. Websense’s total revenue for 2005 was $148.6 million, an increase of 33 percent from 2004.
San Diego, CA (PRWEB) August 24, 2006 -- Websense, Inc. (NASDAQ:WBSN), a global leader in web security and web filtering productivity software, today announced that leading analyst firm Gartner, has named Websense the worldwide market share leader in the URL (web) filtering market based on 2005 revenue.
According to the July 2006 Gartner Dataquest report “Market Share: URL Filtering, Worldwide, 2005,” by Nicole S. Latimer-Livingston, Websense not only retained its leadership position over other market players in 2005, but continued to widen the gap; growing its market share to nearly 50 percent (49.6%). Websense’s share of the market was more than 25 percent larger than its closest competitor. The total URL (web) filtering market grew 23.6 percent to nearly $300 million in 2005, according to the Gartner report. Websense’s total revenue for 2005 was $148.6 million, an increase of 33 percent from 2004.
“Websense provides a critical layer of web security that closes gaps left by traditional security solutions by proactively searching for and blocking new and emerging threats, delivering the most powerful protection to more than 24 million people worldwide,” said Leo Cole, vice president of marketing, Websense. “We believe the Gartner report indicates Websense is not giving up any of its hard-earned market share; instead, the company is driving the market forward and delivering unique security solutions to resellers and their clients.”
About Websense, Inc.
Websense, Inc. (NASDAQ:WBSN), a global leader in web security and web filtering software, is trusted to protect 24 million employees worldwide. Websense proactively discovers and immediately protects customers against web-based threats such as spyware, phishing attacks, viruses and crimeware with maximum protection and minimal effort. With diverse partnerships and integrations, Websense enhances our customers' network and security environments. For more information, visit www.websense.com.
Websense and Websense Enterprise are registered trademarks of Websense, Inc. in the United States and certain international markets. Websense has numerous other unregistered trademarks in the United States and internationally. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense’s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “planned,” “expects,” “believes,” “strategy,” “opportunity,” “anticipates” and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding future stock repurchases; any statements about availability of cash resources to fund growth initiatives and share repurchases; any statements regarding future economic conditions or financial or operating performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, risks relating to execution of growth initiatives, customer acceptance of the company’s services, products and fee structures; the success of Websense’s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company’s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense’s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
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