Elfiq Networks Experiences Significant Growth in First Two Quarters

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Telecommunications cost reduction and resilience are primary drivers for Elfiq’s 64% year over year growth in fiscal year 2010.

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We are quite pleased with our current growth and the results we are experiencing, with units now deployed in 68 countries.

With organizational Internet access requirements growing almost on a daily basis, Elfiq Networks is capturing market share in the field of bandwidth management at the rate of 64% annual growth compared to the same date in fiscal year 2009.

“We are quite pleased with our current growth and the results we are experiencing, with units now deployed in 68 countries,” said Jean Pascal Hebert, Vice President of Business Development at Elfiq Networks, a leader in bandwidth management and network availability solutions. “We are seeing significantly increased activity and interest across all vertical markets and geographic regions. Organizations are starting to use Elfiq’s products to proactively manage multiple ISP carriers concurrently so they can raise availability and throughput while in many cases reducing the hard costs associated with Internet access.”

Elfiq Networks’ growth is directly tied to partner channel activities and the addition of four value-added distribution partners around the world, including Altis Distribution (Middle East), Info Security (Thailand), Tez Networks (India) and Connectronics based in the USA: “We are very happy with the initial response we have received from our partner network,” said Rob Timm, President of Connectronics. “Not only is the Elfiq product line a natural addition to almost any network, but we are also experiencing multiple orders in a very short period of time from the same resellers, which adopted Elfiq as part of their solution portfolio.”

Elfiq Networks’ products will proactively complement existing product lines, namely Nomadix, where Elfiq and Nomadix have a technology partner relationship. Through this new relationship with Connectronics, value-added resellers will be able to provide a turnkey solution for proactive bandwidth management in guest-based environments such as hotels and convention centers.

Elfiq Networks’ link balancers enable organizations to utilize multiple concurrent ISP circuits to prevent Internet connectivity downtime and improve overall access performance. With more Internet-based applications and services being used in organizations every day, proper access to the Internet has become a critical asset to normal business operations, where loss of connectivity or ISP link saturation can result in lost revenue.

About Elfiq Networks
Elfiq Networks (Elfiq Inc.) is a leader in the development of innovative telecommunications and security solutions used in over 68 countries. Aware of today’s economic stakes, Elfiq brings leading-edge ideas and increased strategic information technology investments to businesses. Elfiq is a privately owned company headquartered in Montreal, Canada. For more information, visit http://www.elfiq.com.

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Jean Pascal Hebert
Elfiq Networks
514-667-0611 ext. 819
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