FOSTER CITY, Calif.-July 29, 2003 -- Furthering
its leadership position as the premier provider of security,
management and control solutions for instant messaging and other
forms of real-time communications in the enterprise, FaceTime
Communications today announced continued sales momentum in the
rapidly growing instant messaging market with record revenue
results in the second quarter 2003. Second Quarter 2003 Results
Summary:
- 27% quarter over quarter total revenue increase resulting in a
56% Compound Annual Growth Rate for fiscal year 2003
- 44% of total revenues resulted from customer adoption of
FaceTime solutions for Enterprise IT infrastructure and Customer
Service market segments
- 56% of total revenues from Regulatory Compliance markets
- 30% increase in cumulative licensed customers
- 40% increase in total cumulative user seats
FaceTime's momentous second quarter resulted in part from the
company's expanded global reach, with installations of the
company's software now spanning multiple geographies, including
Asia Pacific, Japan, Germany, Australia, United Kingdom, France,
Latin America, and North America. Increased demand for FaceTime's
new Enterprise IT solutions for security, management, and control
of IM represented the highest growth segment, resulting in 44% of
total revenues for the quarter. The company's historical leadership
in vertical market line-of-business solutions for regulatory
compliance and customer service experienced continued growth
through major repeat and new customer orders. A multitude of new
customers representing all markets were signed through FaceTime's
unique IM network provider partnerships. OEM royalty income from
sales of partner solutions that embed FaceTime technology also
exceeded that of the previous quarter. "FaceTime's tremendous
second quarter results demonstrate our continued leadership in an
increasingly hot market," said President and CEO Glen D. Vondrick.
"Despite constrained IT budgets, enterprises in a myriad of
industries recognize FaceTime's ability to deliver solutions that
enable them to cost-effectively leverage the power of instant
messaging on any IM network. Our recent results demonstrate not
only the strong execution of our business strategy by our sales
team and the increased market demand for our products, but also
signal the increasing use of IM by businesses worldwide. We will
continue our leadership by growing our operations through new
alliances with premier resellers and continuing to provide
solutions that enable the safe adoption of IM." FaceTime's suite of
security, management and control solutions enables IT organizations
to apply standard business use policies to all diverse methods of
real-time communications such as IM on any public, private or
enterprise network as well as the ability to extend presence into
business process workflow applications. Among the major global
corporations that have chosen or built upon earlier installations
of FaceTime's solutions in Q2 are: Fred Alger Management, Inc,
Hewlett Packard, Ingram Micro, IA Englander, Midway Data, NCR,
Nutmeg Securities, Ltd., Société Générale Group, and Soleil
Securities Group, Inc. "When it came to selecting a provider of
instant messaging security, management, and control solutions,
FaceTime offered the market leadership, customers and product
functionality we needed to feel confident in our decision," said
Bogdan Slodownik, Director Information Technologies, Fred Alger
Management, Inc. "With FaceTime, our organization is able to safely
leverage instant messaging for competitive advantage with the
investment protection from an industry leader." "With the use of
instant messaging in global corporations reaching triple digit
annual growth rates, the majority of IM traffic is still with the
public IM networks," said Paul Ritter, Program Manager, The Yankee
Group. "Companies are increasingly turning to scalable
multi-network IM solutions such as FaceTime's enterprise IM
management suite of solutions. FaceTime has been the early pioneer
in providing IM management solutions that support any public or
private network to enterprises. With so many business users already
using various IM clients for real-time communications, a
multi-network IM management platform is an ideal solution."
FaceTime solutions for IM security and management are now in use by
over 300 enterprises including:
- 3 of the top 5 global technology companies
- 7 of the top 8 U.S. banking institutions
- 2 of the 3 largest Japanese banks
- 3 of the top European banks
- 3 of the top 4 Canadian banking institutions
- More than 50 of the top 100 global financial services
firms
- 6 of the largest U.S. energy companies
- 2 of the largest U.S. healthcare providers
- 3 of the largest U.S. insurance institutions
- 1 of the largest U.S. broadband cable network providers
- 1 of the largest U.S. travel companies
- 2 of the largest global retailers
- 2 of the world's largest media communications companies
- 2 of the largest U.S. government agencies
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About Actiance, Inc. (Formerly FaceTime Communications, Inc.)
FaceTime Communications became Actiance, Inc on January 11, 2011 following an agreement to
transfer the FaceTime trademark to Apple.
FaceTime Communications enables the safe and productive use of Unified Communications and Web 2.0,
including instant messaging, blogs and social networking. Ranked number one by IDC for five consecutive
years, FaceTime's award-winning solutions are used by more than 1,500 customers for the security,
management and compliance of real-time communications. FaceTime supports or has strategic partnerships
with all leading IM, unified communications providers and social networks including AOL, Google, Yahoo!,
Skype, Microsoft, IBM, Cisco, Facebook, LinkedIn and Twitter.
FaceTime is headquartered in Belmont, California. For more information visit
http://www.facetime.com or call 888-349-3223.
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