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Press Release

Appfluent Sets Pace for Record FY07 Revenues; Delivering 84% Growth over Previous Quarter

Record revenue led by sales of award-winning product suite

Rockville, MD – July 19, 2007 - Appfluent Technology, Inc., the pioneer and leader in data usage and workload analytics solutions, today announced record results for the quarter ending June 30, 2007 . Revenue for the quarter grew 84% on a sequential quarter over quarter basis driven by strong demand from global enterprises looking to cost-effectively scale and manage their BI/DW systems.

“Enterprises are adopting Appfluent to improve BI/ data warehousing performance, guide data consolidation and migration projects, and mitigate regulatory risk,” said Frank Gelbart , President and CEO of Appfluent. “Organizations who deploy Appfluent gain critical insight to improve responsiveness and agility within the IT organization, and better align IT and business goals. These gains are driving continuous value for Appfluent customers.”

During the second quarter, sales of the award-winning Appfluent Product suite were balanced across all geographic regions, and were led by sales in the life sciences and healthcare markets. Additionally, the average contract value in the first half of FY07 increased by approximately 50%, compared to the same period last year. This growth validates that enterprises are recognizing the benefits Appfluent brings in providing critical insight and continuous value to the entire IT team. In addition to setting the pace for record revenue growth, Appfluent surpassed all its operational objectives for Q207, including, but not limited to:

  • Continued Customer Satisfaction - 100% customer renewals in FYQ207 by providing enhanced training programs and unsurpassed customer support.

  • Entered Strategic Partnership with a Leading Business Intelligence Software Provider - Cognos, Inc. agreed to utilize the Appfluent Product Suite to help their customers deploy, manage and scale their BI/ data warehousing applications. For more information please see: http://www.appfluent.com/news/pressrel-062707.htm.

  • Delivered Strong Financial Results - Revenue for the first half of FY07 has already exceeded fiscal year 2006 revenues

 

About Appfluent Technology, Inc.

Appfluent Technology is the leading provider of enterprise business intelligence (BI) and data warehouse management software. Appfluent's software non-disruptively captures and correlates user activity, application data, and database information for detailed usage and workload analysis.

BI and data warehousing professionals rely on Appfluent's award-winning product suite to help resolve critical query performance issues, guide data consolidation and migrations projects, and mitigate regulatory risk. With these solutions, BI and data warehousing teams and the IT support staff rely on the Appfluent Product Suite to provide daily improvements in systems performance, quarterly savings from data consolidation and migration projects, and a 24/7/365 oversight for regulatory risks. For more information about Appfluent Technology, please visit the company’s web site at www.appfluent.com.

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Appfluent is a registered trademark of Appfluent Technology, Inc. All other products, services and company names mentioned herein may be trademarks of their respective owners .