SOURCE: Cast Iron Systems

October 23, 2007 08:00 ET

Cast Iron Systems Reports Best Q3 in Company History

Rapidly Increasing Demand From Software-as-a-Service Partner Ecosystem for Simple Industry-Specific Integration Solutions Validates Appliance Approach to Integration

MOUNTAIN VIEW, CA--(Marketwire - October 23, 2007) - Cast Iron Systems, the fastest growing integration appliance vendor, completed the biggest third quarter in the company's history with a jump in sales over the same period last year. Cast Iron continued to build market momentum with the expansion of activity in its partner ecosystem and the addition of many new customers from major industries. The company's rapid growth, even over the economy's typically sluggish summer months, validates its appliance-based approach to integration, which is in high demand from businesses across all industries, from aircraft and automotive to energy, high technology, and retail. New customers include Capital Institutional Services (CAPIS), Peet's Coffee & Tea, Tesla Motors, and Turnhere Internet Video, among other industry innovators.

One Q3 customer, Reed Construction Data, a leading international provider of quality construction information solutions, uses Cast Iron's integration platform to enhance its Reed DataLink service. "The Cast Iron solution gives us the flexibility and capability to insert our market data directly into any customer's SFA or CRM system," said Iain Melville, CEO of Reed Construction Data. "Now our customers can even more efficiently provide their sales teams with the critical leads and essential real-time market intelligence they need to be successful."

"Many factors have contributed to our record growth this quarter," said Ken Comee, CEO at Cast Iron. "We are experiencing tremendous demand from our Software-as-a-Service partner ecosystem and also for industry-specific integration solutions. We continue to see a growing trend of both large and midsize companies seeking a simpler alternative for integrating SaaS applications with the enterprise. Our goal as a company is to provide the simplest integration experience for our SaaS customers, and our record Q3 results are a validation of that approach."

"As one of Cast Iron's preferred partners, Astadia is building a relationship to help our customers worldwide achieve greater levels of productivity," said Ernie Riddle, CEO of Astadia, an international management consulting and technology solutions firm. "While Cast Iron's integration appliances let companies integrate SaaS solutions with other enterprise applications, Astadia and Cast Iron together make it possible for customers to complete more integration projects and realize more ROI in less time."

Cast Iron integration appliances eliminate the cost and complexity associated with traditional software-based integration tools. The company's appliances are built from the ground up to dramatically simplify the integration experience for its customers. The built-in simplicity of these appliances enables them to drive a new level of efficiency for business processes in all sizes of companies. Cast Iron's customers complete integration projects in days instead of months and for less than 20 percent of the cost of traditional software-based alternatives.

Using Cast Iron, companies can easily maintain their integration projects using a "configuration, not coding" approach. The company's integration appliances synchronize information between all major applications and endpoints, including salesforce.com, SAP, Oracle, JD Edwards, PeopleSoft, Lawson, Sybase, SQL Server, Informix, DB2, flat files (FTP/HTTP), XML, web services, and many more.

About Cast Iron Systems

Founded in 2001, Cast Iron Systems is the fastest growing integration appliance vendor. The company's flagship iA3000 application integration appliance has garnered Network Computing's Product of the Year for the past two years. Customers include Allianz, British American Tobacco (BAT), Emerson, Peet's Coffee & Tea, PGP Corporation, salesforce.com, and Tesla Motors, among many others. Backed by Sequoia Capital, Norwest Venture Partners and Lehman Brothers, Cast Iron is privately held and led by experienced technology executives from Informatica, Peoplesoft, Siebel, Oracle, Vitria, and webMethods. For more information on Cast Iron Systems, please visit http://www.castiron.com.

Cast Iron Systems, the Cast Iron logo, and Cast Iron iA3000 are trademarks of Cast Iron Systems in the United States and worldwide. All rights reserved.