SOURCE: Proofpoint

August 29, 2008 08:00 ET

Proofpoint Achieves 20th Straight Quarter of Record Business Growth

Acquisition, New Product Offerings and Record Customer Growth Drive Continued Success

SUNNYVALE, CA--(Marketwire - August 29, 2008) - Proofpoint, Inc., the leading provider of unified email security, archiving and data loss prevention solutions, today announced that Q2 2008 was the company's 20th consecutive record-breaking quarter with quarterly bookings, revenue, number of transactions and customer acquisition all reaching their highest levels to date.

"We are thrilled with the current momentum, and will continue to lead the industry with our primary focus on email by bringing the most innovative products to our customers," said Gary Steele, CEO of Proofpoint. "Email is recognized as a mission critical business tool, yet many organizations still struggle to keep their email systems safe, secure and easy-to-use. With the ongoing threat of data leakage, the need to archive email and increasing spam and virus attacks, companies need to make email infrastructure protection a top priority. Whether it be with an on-premise solution, a SaaS deployment or a hybrid approach, it is now more crucial than ever that email is secure from inbound and outbound threats."

Technology analysts IDC estimate that the worldwide messaging security market will grow to a $5 billion market in 2012, with hosted services experiencing the strongest growth (Worldwide Messaging Security 2008-2012 Forecast and 2007 Vendor Shares, IDC, August 2008). In Q2 2008 Proofpoint saw evidence of this through strong adoption of Proofpoint on Demand™, the company's Software-as-a-Service (SaaS) email security offering, along with growing interest in hybrid solutions, which combine on-premise and on-demand offerings. During the quarter, Proofpoint introduced two new SaaS offerings: Proofpoint Email Archiving™ -- based on technology acquired through the purchase of on-demand email archiving vendor Fortiva -- and Proofpoint on Demand -- Standard Edition, its "no-compromise" hosted email security solution targeted at the small- and medium-sized business market.

During the quarter, Proofpoint also introduced the Proofpoint Secure File Transfer™ solution, which lets end users send large files -- and files that require enhanced security -- quickly and easily, while minimizing the impact of large attachments on their organization's email infrastructure.

During Q2, Proofpoint added a record number of new customers, many of which converted to Proofpoint from competing solutions such as Google (Postini), Secure Computing (CipherTrust) and Cisco (IronPort).

International growth continued to be strong during Q2 2008. Business in the Asia-Pacific (APAC) region more than doubled from Q1 2008 to Q2 2008. Operations in Europe more than doubled business over Q1 2008 and Proofpoint established new channel partnerships in the UK, France and Spain. The region also expanded its Proofpoint on Demand footprint with new customers in the UK and France.

Proofpoint is the email security, archiving, encryption and DLP solution of choice for a rapidly growing number of enterprises, universities and government organizations worldwide, helping them stop spam, protect against email viruses and prevent leaks of confidential information via email and other network protocols. To learn more about how Proofpoint can protect your messaging infrastructure from both inbound and outbound messaging risks, request a free trail of Proofpoint's virtual appliance or hosted service solutions at the following URLs:

--  To request a free, 30-day trial of Proofpoint on Demand, please visit:
    http://www.proofpoint.com/trypod
    
--  To download a free, 45-day trial version of the Proofpoint Messaging
    Security Gateway -- Virtual Edition, please visit:
    http://www.proofpoint.com/trial
    

About Proofpoint, Inc.

Proofpoint secures and improves enterprise email infrastructure with solutions for email security, archiving, encryption and data loss prevention. Proofpoint solutions defend against spam and viruses, prevent leaks of confidential and private information, encrypt sensitive emails and archive messages for retention, e-discovery and easier mailbox management. Proofpoint solutions can be deployed on-premises (appliance), on-demand (SaaS) or in a hybrid architecture for maximum flexibility and scalability. For more information, please visit http://www.proofpoint.com.

Proofpoint, Proofpoint on Demand, Proofpoint Secure File Transfer and Proofpoint MLX are trademarks or registered trademarks of Proofpoint, Inc. All other trademarks contained herein are the property of their respective owners.

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