Network Automation Announces Record FYQ3 Sales, Reports Largest Revenue Result in Company History

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• Revenues increased by more than 67% over the same period last year; 83 new clients signed • New global headquarters accommodates a 50% growth in tech support and development staff • 7 new global channel partners added

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The quarter marks the largest revenue result in the company’s history as sales were up more than 67 percent over the same reporting period in 2010, and up 14.7 percent over FYQ2.

Network Automation, the premier provider of IT and business process automation software AutoMateTM 8, announced today a record sales result for the three-months ending March 31, 2011. The quarter marks the largest revenue result in the company’s history as sales were up more than 67 percent over the same reporting period in 2010, and up 14.7 percent over FYQ2. In all, the company signed over 83 new clients for the quarter including Epson, Hewlett-Packard Customer Delivery Services Italia SRL, Starbucks Brazil, US Lumber, and the Colorado Supreme Court. The record FYQ3 follows Network Automation’s record FYQ2 in 2010 and continues to reflect the increased market demand for IT Automation Software.

As the software market continues to evolve, Network Automation is witnessing businesses under extreme pressure to do more with technology in less time, and at less of a cost. This trend requires flexible, powerful software solutions that can accomplish a variety of tasks in a rapid manner. Network Automation’s platforms fit these criteria, and the company attributes its success to meeting the market’s needs with its AutoMate 8 and AutoMate BPA Server 8 products.

“FYQ3 has been a momentous quarter for us, as we have ramped up our sales efforts and moved into new office space,” said Gary Bishop, CEO of Network Automation. “The investments we’ve made in our technology and in our team continue to pay off with exceptional growth results. We are excited to serve this escalating list of clients all over the world, and we look forward to continuing to meet the market demand for truly innovative, multi-purpose automation software.”

Network Automation’s products are sold throughout the world directly and through channel partners. In FYQ3, the company signed seven new global channel partners. AutoMate 8 and BPA Server 8, are robust platforms designed to span automation development, deployment, and management, with a drag-and-drop development environment and other features that substantially reduce the total cost of the automation lifecycle.

About Network Automation
Network Automation, Inc. is the mid-market leader in automation software that streamlines and integrates business processes without expensive programming. Founded in 2004 and based in Los Angeles, the company provides business process automation solutions to more than 10,000 small, mid-market, and Global Fortune 1000 clients in over 40 countries. The firm's AutoMate and AutoMate BPA Server platform span automation development, deployment, and management with a drag-and-drop environment that substantially reduces the total cost of the automation lifecycle. Common uses include job scheduling, automated FTP, batch processing, automated backups, scripting, automated testing, event log monitoring, automated reporting, and more. Network Automation's customers include NASA, IBM, Kaiser Permanente, Verizon, FedEx, and many regional, state, and federal government offices.


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