SOURCE: WebFeat

January 14, 2008 14:58 ET

WebFeat Posts Record Year in 2007

Company Grows 55% in FY 2007; Usage Exceeds 170 Million Database Searches

OLD BROOKVILLE, NY--(Marketwire - January 14, 2008) - WebFeat® announced today that it has posted another record year in 2007, its 10th year of consecutive growth, increasing revenues by 55%. Database searches jumped by nearly 200% in the period, growing from 88 million searches in 2006 to over 170 million. The company added 330 new client systems during the period, in turn providing WebFeat federated search access for over 3,500 more libraries. WebFeat systems are now available to over 16,500 libraries worldwide.

"I am thrilled by our performance in 2007," commented Todd Miller, President of WebFeat, "WebFeat's success is all the more remarkable considering that our growth has been 100% organic."

WebFeat launched several new products in 2007, including Enterprise Administration Manager™ for multi-library networks, WebFeat Proxy™, Menu Manager™ and version 3.0 of its highly successful WebFeat Express™ system. Notable new clients included North Carolina's 200-library NC LIVE statewide network and Pennsylvania's 3000-library Access PA system. WebFeat also realized significant growth overseas, with new systems in the UK, France, Australia, China, Korea, Spain, the Netherlands, the Middle East, and more. WebFeat now supports 11 languages, including double-Byte Unicode characters.

WebFeat capped the year with its fourth patent in session management and authentication technology. WebFeat has patents in the US, Germany, Australia, and China.

WebFeat's rapid growth is largely attributed to advances in its WebFeat Express and WebFeat Enterprise Edition administration technology, dramatically reducing the time required to configure, launch and maintain federated search systems.

About WebFeat

WebFeat® (U.S. patent #6,807,539, German patent # DE20121706U, Australian patent #WO0182117) is the developer of the WebFeat and WebFeat Express™ Search Solutions, used by over 16,500 leading public, academic, government and Global 1000 libraries and information centers -- including over a third of the largest 100 U.S. public libraries, 17 statewide library systems, and 2 out of every 10 Association of Research Libraries (ARL) institutions.

WebFeat offers next-generation federated search and e-resource management tools to meet the needs of any library. Products include: the WebFeat Express federated search solution, WebFeat Enterprise Edition for multi-library networks, WebFeat Custom API and SMART™, WebFeat's usage tracker. WebFeat Menu Manager™ and WebFeat Proxy™ provide tools for access and management of e-resource collections. WebFeat has earned industry recognition from leading organizations such as Library Journal and the Gartner Group. Learn more about WebFeat at http://www.webfeat.org.

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