SOURCE: SevOne Inc.

SevOne Inc.

May 10, 2011 09:20 ET

SevOne Receives Emerging Technology Company Award From the Greater Philadelphia Alliance for Capital and Technologies (PACT)

Company a Two Time Winner of Prestigious PACT Enterprise Awards Program

WILMINGTON, DE--(Marketwire - May 10, 2011) - SevOne, the new leader in network performance management, today announced that it was selected as the winner of the 'Emerging Technology Company' award by the Greater Philadelphia Alliance for Capital and Technologies (PACT). As the premier business awards ceremony in the region, the 18th annual Enterprise Awards recognize and honor leadership and outstanding achievement in the technology and life sciences industries. SevOne was also the recipient of PACT's 'Technology Startup Company' award in 2009.

"SevOne is one of the top performing companies in the Osage Ventures portfolio and we congratulate the entire team for being recognized by PACT for the second time, especially in a region with some tough competition. We are very proud of the company's success and truly believe they are redefining the network performance management market," stated Robert Adelson, managing partner at Osage Venture Partners.

SevOne was created by computer scientists from the University of Delaware who served as network architects at leading financial institutions with the vision of removing all scalability and affordability limits for data collection, analysis, and reporting. The SevOne Performance Appliance Solution provides real-time monitoring, troubleshooting and performance reporting to enterprises, cloud and service providers, and government organizations to keep increasingly complex networks, servers and applications functioning at peak performance levels.

SevOne strives for excellence in network performance management and the strength of its software solutions, innovation, and growth has earned third-party credentials including this year's PACT award. Just last year alone, the company almost doubled its employee headcount, opened an office in EMEA, initiated a Customer Advisory Board, moved into new US headquarter offices that increased its space by 250% and also added a new data center.

"We are extremely proud of the entire SevOne team who helped achieve this accomplishment," stated Michael Phelan, President and CEO of SevOne. "We have worked very hard to grow our company into what it is today and PACT's recognition of SevOne is a true testament to this hard work. Adding this recognition to our list of accolades further validates our position as a company that is meeting the top priorities of network management executives and their teams."

About SevOne
SevOne, Inc. provides an application-aware, network performance management solution that enables enterprises, cloud and service providers, and government organizations to keep increasingly complex networks, servers and applications functioning at peak performance levels. SevOne delivers the industry's fastest, most scalable and comprehensive real-time monitoring, troubleshooting and performance reporting solution to ensure application performance and reliability. Capable of monitoring millions of IT elements and flows, the SevOne solution provides IT Operations teams with the most accurate and timely data available to ensure enterprise-wide performance and reliability for business applications. Visit us at http://www.sevone.com.

Contact Information

  • SevOne contact:
    Gina Karr
    SevOne Inc.
    gkarr@sevone.com
    +1 (302) 319-5400

    Media Relations Contact:
    Steph Johnson / Amy Redhead
    Aspectus PR
    sevone@aspectuspr.com
    +1 (646) 274 1348 / +44 (0) 207 182 4081