SOURCE: Accellion, Inc.

July 25, 2005 09:30 ET

Accellion Courier File Transfer Appliance Doubles Customer Base

New Corporate Customers Choose Accellion Secure File Transfer Appliance to Eliminate FTP Servers

PALO ALTO, CA -- (MARKET WIRE) -- July 25, 2005 -- Accellion, Inc., the leader in secure file transfer and data management solutions, today announced a record quarter with a doubling of its customer base. Major installations and sales include a Fortune 500 toy maker; a top 25 AEC design company; a leading medical college in New York, a major oil and gas exploration operator, a global manufacturing and engineering firm, as well as other industry leaders in consulting and media and marketing such as Critt Graham + Associates of Atlanta.

"We predicted strong interest in the Accellion Courier File Transfer Appliance focusing especially on corporate needs in sending large files securely," said Yorgen Edholm, Accellion president and CEO. "The increased demand since last year validates our vision that users, administrators, and third-party vendors are seeking a secure file transfer alternative to replace existing FTP solutions. We are proud to be a preferred solution for these marquee customers and will advance sales and support in coming months to extend into the growing FTP replacement market."

With expanding file size and increasing demands for security and compliance, e-mail and FTP are no longer sufficient for ad hoc file transfer across organizational and geographic boundaries. Secure on-demand file transfer is a problem facing all business sectors and is becoming more urgent as government regulatory compliance is mandated.

A recent Gartner research report* targeted file transfer as a business problem gaining attention as an IT priority. "Internal and external security, management, and integration requirements encourage companies to scrutinize and consider replacements to their homegrown solutions," notes Frank L. Kenney, research analyst with Gartner. "The result is that, in the immediate future, most companies, regardless of industry, will need to consider how they are securing and managing their file transfers."

File transfer using Accellion Courier File Transfer Appliances is fast becoming a preferred method across industries as e-mail attachment limits and the difficulty in using FTP have forced IT departments to seek alternate ways for their users to send large files securely.

About Accellion Courier File Transfer Appliances

Accellion Courier Standard File Transfer Appliance, designed for single site and medium to high volume users, makes sending files as easy as web-based e-mail, while offering end-to-end file security and policy-based automatic file lifecycle management.

Accellion Courier Enterprise File Transfer Appliance, designed for multi-site and high volume users, is a full-featured, enterprise product that, in addition to the features available in the Standard Appliance, supports plug-in integration with Outlook and Lotus clients as well as clustering for multi-site load balancing, intelligent replication and failover.

About Accellion

Founded in 1999, Accellion, Inc. is the industry leader for Secure File Transfer Appliance and data management solutions. Privately held, Accellion is headquartered in Palo Alto, California, with offices in Asia and Europe. For more information, please visit www.accellion.com or call +1 (650) 739-0095.

* - Gartner, MarketScope for Managed File Transfer Suites, 4Q04, Frank Kenney, November 2004

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