Bradford Networks Announces Record Growth in FY2008
NAC Pioneer Broadens US and International Customer Base, Poised
for Further Gains in Growing Market
CONCORD, N.H. (Business Wire EON/PRWEB ) August 5, 2008 --
Bradford Networks, an award-winning provider of comprehensive network
access control (NAC) solutions, today announced record growth across new
markets and geographies. During fiscal 2008, Bradford’s
sales increased nearly 80 percent over the previous year.
Bradford added 120 new accounts to its global customer base in the
education, healthcare, financial services, energy and government
sectors. New U.S. customers include Overstock.com, California Credit
Union, Pioneer Natural Resources, Texas A&M, and Pepperdine University.
Internationally, Fraunhofer Institute for Secure Information Technology,
Norsun, Ardal Energi, Royal Thai Air Force, India Department of Atomic
Energy, University of London-Royal Holloway, and the University of Derby
were among the organizations that selected Bradford’s
out-of band appliances.
New customers enjoyed increased security, improved network efficiencies,
and measureable ROI. Columbia University Medical Center slashed help
desk calls by 66 percent during its NAC pilot and has experienced
similar results in its production deployment.
An expanded channel network, including 23 new security VARs and network
integrators, fueled Bradford’s growth in the
U.S. and across the globe. New international partners include Satisnet
(UK), Accuetrust (Canada), Secure Source (Malaysia), Quantiq (Singapore
and Indonesia), Blue Zebra (Thailand), and Advens (France). Channel
publication CRN recognized Bradford for the second year in a row as a
CRN Emerging Vendor and a CRN Top Emerging Security Vendor.
Bradford’s excellence was recognized by both
industry analysts and publications. NAC Director earned SC Magazine’s
NAC Innovator of the Year award and was selected as a Best New
Technology Finalist in the Healthcare Innovation Awards by attendees at
the Healthcare IT Summit. Bradford received a Positive rating in Gartner
Inc.’s MarketScope for Network Access Control,
2008 (by Lawrence Orans, John Pescatore, and Mark Nicolett, published
March 25, 2008).
New products attracted enterprises to Bradford’s
advanced NAC offerings, including new fully redundant and
high-performance appliances to meet the demands of larger and more
complex environments, such as expanding wireless networks. In April 2008
Bradford announced NAC Director Guest Contractor Services (GCS) to
address the universal need of organizations to manage guests,
contractors, and strategic business partners accessing corporate
networks. The easily installed solution secures unmanaged laptops and
PDAs and provides a simple upgrade path to complete NAC capabilities.
In June Bradford closed $8 million of Series B funding, led by Updata
Partners with participation from Bradford’s
Series A investor, Windspeed Ventures. The capital will be used to enter
new markets, expand its award-winning product portfolio, and add
development, support, professional services and marketing staff at its
new development facility in Westford, MA.
“Bradford set company records in FY 2008 and
we are well positioned to build on this in FY2009,”
said Mike Gadoury, Bradford Networks founder and CEO. “Our
proven track record of providing customers with pragmatic solutions to
real-world security challenges puts Bradford in a unique position to
further accelerate growth in the coming year.”
About Bradford Networks
Bradford Networks develops advanced network access control solutions for
wireless, wired and VPN networks. Bradford’s
patent-pending, award-winning, out-of-band appliances leverage existing
network infrastructure to automatically enforce NAC policy at the
network edge, making networks more secure and efficient. Privately held,
Bradford Networks is located in Concord, NH. For more information, call
(603) 228-5300 or visit www.bradfordnetworks.com.
About the MarketScope
The MarketScope is copyrighted March 2008 by Gartner, Inc. and is reused
with permission. The MarketScope is an evaluation of a marketplace at
and for a specific time period. It depicts Gartner's analysis of how
certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or
service depicted in the MarketScope, and does not advise technology
users to select only those vendors with the highest rating. Gartner
disclaims all warranties, express or implied, with respect to this
research, including any warranties of merchantability or fitness for a
particular purpose.
See the original story at: http://eon.businesswire.com/releases/bradford/network/prweb1182944.htm
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