SOURCE: BuildForge, Inc.

April 19, 2006 09:00 ET

BuildForge Charges Into 2006 With Exceptional First Quarter Revenues

Build and Release Management Software Leader Helps Global 2000 and Leading ISV's Set New Standard for Managing Build and Release Processes

AUSTIN, TX -- (MARKET WIRE) -- April 19, 2006 -- BuildForge, the leading provider of build and release management software, today announced another record setting quarter with revenues exceeding first quarter expectations by more than 25%. These results mark the company's seventh consecutive quarter of sustained growth.

New customers added this quarter represent companies in the banking, computer software, defense, electronic gaming, financial services, insurance, and semiconductor industries, including Activision, Bank of Nova Scotia, Campbell & Company, Lehman Brothers, Outcome Sciences, Overwatch Systems, Vital Images, and many others. The company also expanded implementations with a number of existing clients.

According to a January 2006 white paper from IDC, "companies have only recently begun to realize the impact that build mismanagement can have on their release timeframes and team effectiveness," said Melinda Ballou, Program Director for Application Lifecycle Management. "Build management has typically been viewed as a minor subcategory within software change and configuration management, and both users and vendors tend to have inadequate approaches. Build and release management should be considered a distinct category and process within application lifecycle management (ALM), with a similar level of focus to other ALM phases. Not doing so jeopardizes successful software implementations."

"We're thrilled by the positive reception we're getting in the market," said Gregg Burt, president and CEO of BuildForge. "A growing number of marquis software development and corporate IT organizations are turning to BuildForge to help them increase team productivity, improve quality, and implement automated compliance to protect them from risk. Our customers are seeing remarkable results which we believe will set the standard for build and release management excellence and enable them to take development to the next level."

About BuildForge

Based in Austin, Texas, BuildForge is the leading provider of build and release management software. FullControl is the first open framework that allows development teams to automate, track, audit and analyze their application development lifecycle using the tools they have in place today. BuildForge is used by industry leaders such as Adobe, Avaya, Canon, GE, Google, John Hancock, Symantec, and Visa to improve distributed team collaboration and productivity, accelerate time-to-market, and achieve sustainable development compliance. www.buildforge.com

Contact Information

  • Contact:
    Cheri Bergeron
    BuildForge, Inc.
    512-225-0456