Hatsize Reports Strong Growth in 2012 and Builds Momentum

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Hatsize Reports Strong Growth in 2012 and Builds Momentum; Company Grew Revenues 36%, Won ASTech Innovation Award, Expanded Global Datacenter Capacity and Extended Leadership in the Cloud-Based Training Market with New and Improved Software Solutions

"Hatsize had an incredible 2012 fiscal year that celebrated several firsts,” said Guy Hummel, Hatsize CEO. “New customers embraced cloud-based training to lower their training delivery costs and provide online product training 24x7 worldwide."

Hatsize, the leading cloud automation software provider for hands-on training and demos, today announced strong business results for its fiscal year ended October 31, 2012. Specifically, Hatsize grew revenues 36% year over year. The growth was driven by new and existing customer expansion, key platform innovations, international growth and commitment to customer excellence.

“Hatsize had an incredible 2012 fiscal year that celebrated several firsts,” said Guy Hummel, Hatsize CEO. “New customers embraced cloud-based training to lower their training delivery costs and provide online product training 24x7 worldwide, existing customers extended usage, especially in Europe and Asia, and advancements to our hands-on training platform solidified Hatsize’s position not only as a pioneer but as a leader in the cloud-based training market that is growing rapidly.”

Hatsize achieved another notable milestone by winning the 2012 Alberta Science and Technology Award for Innovation in Information and Communications Technology sponsored by TELUS.

Fiscal Year 2012 Highlights
•Increased revenues 36% in FY2012 compared to FY2011.
•Entered into new customer relationships with Global 2000 and Inc. 500 technology companies, training franchises, associations, certification companies and educational institutions.
•Extended relationships with existing customers including Symantec, Juniper, IBM, and MicroTek.
•Introduced the industry’s first Learning Vouchers for cloud-based VMware labs for training and certification practice.
•Launched pre-built training lab solutions for vSphere 5.x training.
•Opened a new datacenter in the United States for enhanced disaster recovery capability of the Hatsize datacenter network as well as increase capacity in that network.
•Doubled Hatsize capacity in Hatsize’s European and Asian datacenters.
•Won 2012 ASTech Innovation award.
•Released three Hatsize product releases with customer-driven feature requests including:
-Web Service API which can be used to automate user setup and scheduling and integrate with any internal business processes or systems such as Learning Management Systems (LMS).
-International character support.
-VMware vSphere 5 support.
-Session sharing to quickly and easily invite users into a lab.
-Resource graphs to see how much CPU and memory are reserved at any time.
-Multi-session scheduling.
-Dynamic events reporting.
-Clickable topology diagram for accessing complex lab systems.
-Enhanced scheduling, mentoring configuration, user profiles, telnet/SSH client configurations and more.

About Hatsize
Hatsize is a leading cloud automation software company that has provided over 2 million hours of cloud-based training and demo sessions for the world’s most successful technology companies, including IBM, Juniper and Symantec.

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Judy Curtis
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