SOURCE: SpringSource

September 11, 2008 08:00 ET

SpringSource Grows Business Over 250 Percent

Third Consecutive Year of Triple Digit Revenue Growth for Company behind Spring

SAN MATEO, CA--(Marketwire - September 11, 2008) - SpringSource, the company behind Spring, the de facto standard in enterprise Java, and a leading provider of infrastructure software, today announced that it has grown 250 percent year-over-year in quarterly bookings and has more than doubled revenue growth for the third consecutive year.

The rapid growth is fueled by the global product acceptance for Spring and SpringSource products as well as for Apache Tomcat. SpringSource is seeing deeper penetration in the enterprise, with major corporations and institutions deploying more Spring and Apache technologies than ever before. SpringSource now counts recurring revenue from more than 450 enterprise customers on a global basis along with a burgeoning partner ecosystem.

As the most widely used enterprise Java application platform worldwide, Spring is transforming enterprise Java. SpringSource continues to post record results despite the current economic downturn. The company's ability to rapidly grow revenue is directly attributed to the dramatic business impact associated with its products and services.

"SpringSource has completely transformed enterprise Java," said Rod Johnson, CEO of SpringSource and father of Spring. "When the majority of all Java developers in the world choose Spring and Apache Tomcat, it is no surprise that they also choose SpringSource to help them most effectively build, run and manage Java applications."

About SpringSource

SpringSource created, developed and leads Spring, the de facto standard platform to build, run and manage enterprise Java applications. SpringSource is also the leading company behind Apache Tomcat. SpringSource delivers an end-to-end platform that is designed from the ground up for complete portability and scalability for today's data center and for next-generation virtualized, grid and cloud deployments. Nearly half of the Global 2000, including many of the world's largest financial institutions, retailers, manufacturers, healthcare, technology and public sector clients are SpringSource customers. For more information visit: www.springsource.com.

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