SOURCE: Ephox Corporation

April 23, 2008 08:00 ET

Ephox Achieves Record Revenues and Profits in Q1 2008

Wide-Scale Customer Deployments Drive Rapid Growth in Revenues

SAN MATEO, CA and BRISBANE, AUSTRALIA--(Marketwire - April 23, 2008) - Ephox, the leading provider of authoring software for web content management (WCM), announced its best ever performance for the fiscal quarter ending March 31, 2008. The company's success validates its strategy of maintaining and expanding its position as the leading authoring tool for the leading WCM platforms.

Ephox's Q1 sales have grown by more than 200% over the same quarter a year ago. The company has added over 100 new customers in the past year. Ephox's software is used by thousands of small and large customers in a variety of industry verticals. Ephox has strong partnerships with leading WCM vendors including IBM, EMC, Vignette, Oracle, Percussion, and others.

"Many of our new customers are household names and it is exciting to see our software being used to power their internal and external web sites," said Ephox CEO Andrew Roberts. "As we accelerate our revenue growth, we plan to invest more in product development and expand our sales and marketing efforts."

Ephox's management believes that the company has a unique opportunity for future growth. $2.9 billion is spent each year on content management initiatives that often fail to deliver on their initial promise because of poor business user adoption. User adoption is a critical issue as many organizations move to a self-publishing environment where content creators have to create and publish rich content with no help from the IT department. Ephox's EditLive! is the only browser-based product that enables non-technical users to easily contribute rich content to a website.

About Ephox

Since 1999, Ephox has developed enterprise-class authoring solutions that improve the success of business web sites. The company's products are used by more than 300,000 web content authors in over 1,500 organizations across 35 countries. Customers include Red Bull, ANZ, Northrop Grumman, Swiss Re, Ahold, Kaiser-Permanente, Groupe Danone, and the Victorian Department of Justice. For more information, please visit www.ephox.com.

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