PLEASANTON, CA--(Marketwire - July 14, 2010) - xMatters, inc., the relevance engine company, today announced that in the first quarter of its 2011 fiscal year, the company grew total bookings by 124% over the same period a year ago, while license bookings increased by 217% over the prior year. The company, formerly AlarmPoint Systems, also reported that GAAP revenue for the quarter increased by 83% over the same period last year.
This is the third consecutive quarter of substantial bookings growth for xMatters. In the two preceding quarters, ending December 2009 and March 2010, xMatters achieved bookings growth of 87% and 44%, respectively.
"This quarter marks a very exciting time for xMatters. We've welcomed 35 new clients, including Blue Cross Blue Shield and Central Bank of the Republic of Austria," said Troy McAlpin, CEO, xMatters. "We have also seen an uptick in adoption from our current clients. For example, we received a significant order from a current client, expanding the use of their xMatters (risk) engine across their business totaling 250,000 users."
xMatters has seen tremendous growth on a global scale including the United States, Canada, United Kingdom, Central Europe and Australia. The company continues to see increasing demand for its relevance engines in the areas of IT operations, IT service management, business continuity and risk management, crisis communications and most recently into customer contact and loyalty areas.
xMatters relevance engines deliver information, notifications, and choices to the right people and give them the ability to take immediate action. Serving more than 800 clients worldwide, the xMatters relevance engine technology enables businesses to function more quickly, accurately, and intelligently.
About xMatters
xMatters builds relevance engines that connect people with what they need to know at exactly the right moment -- so they can take immediate action. Our relevance engines work with existing enterprise applications, technologies, and processes to help businesses run faster and smarter. More than 800 global firms use xMatters to make their products and services more valuable, both internally and to their customers and shareholders. Founded in 2000 as AlarmPoint Systems, xMatters is headquartered in Pleasanton, CA with European operations based in Woking, U.K. and Asia Pacific operations based in Sydney, Australia. More information is available at www.xmatters.com or 1-800-861-3916 or +44 (0) 1483 722 001 UK.
Contact Information:
Media Contact:
Catherine Koo
LEWIS PR for xMatters
415-992-4400