FOSTER CITY, CALIF - August 31, 2005 - FaceTime
Communications today announced sales for Q3 2005 which ended July
31, 2005, were up more than 250 percent over the same quarter last
year, and increased more than 100 percent from the previous
quarter, ending April 30, 2005. Driven by accelerated customer
adoption for its compliance and security solutions for the
management and control of greynet applications like adware/spyware,
instant messaging and P2P file sharing, FaceTime also reported a
record number of new IM security and anti-spyware customers for the
quarter. Seats under management grew to more than 1.4 million - the
largest in the industry. "As a result of our outstanding third
quarter performance, we achieved the highest revenue quarter in the
company's history," said Kailash Ambwani, president and CEO,
FaceTime Communications. "We have expanded our customer leadership
by winning a record number of new customers for regulatory
compliance, IM security, spyware prevention and P2P control. We are
continuing to see our business grow within financial services and
we are rapidly extending across other vertical industries as
organizations recognize the need for visibility and protection
against unsanctioned applications." During the quarter, FaceTime
was selected in one of the largest instant messaging security
deployments in the industry - a Fortune 100 global communications
leader chose FaceTime's IM security solution to secure and control
IM for up to 90,000 users worldwide. Other customer highlights this
quarter include one of the largest worldwide accounting and
consulting firms and one of the largest national investment and
financial services firms - both chose FaceTime for visibility and
prevention of spyware applications within their organizations.
FaceTime continued to expand its leadership in the financial
services industry, now counting 17 out of 24 Financial Services
Instant Messaging Association (FIMA) members as customers. FIMA is
made up of the leading financial institutions, from both the
buy-side and sell-side, and promotes standards and protocols within
the financial services industry. Additionally, FaceTime grew its
customer base within the banking industry, counting 8 of the 10
largest US banks as customers. In addition to strong financial
performance and new customers, FaceTime also achieved a number of
milestones and operating highlights during the quarter:
- Completed acquisition of patent-pending technology and assets
of anti-spyware vendor XBlock Systems LLC, and the SpywareGuide.com
community and information resource. The XBlock asset acquisition
enhances FaceTime's approach to enabling the secure use of
legitimate greynet applications like instant messaging (IM) and web
conferencing, while providing comprehensive protection against
illegitimate applications such as spyware, adware and peer-to-peer
(P2P) file downloads.
- Delivered Real-Time Guardian 3.0 ("RTG 3.0"), the most advanced
perimeter security solution for preventing the spread of spyware
and adware in the enterprise and securing unauthorized IM and P2P
usage. See press release: FaceTime Announces Real-Time Guardian™
3.0, the First Multi-Channel Anti-Spyware Perimeter Security
Solution.
- Strengthened executive management team with the addition of
Frank Cabri as vice president of Marketing. Prior to FaceTime,
Cabri was senior director of Marketing at web security company Blue
Coat Systems, where he managed corporate and channel marketing
initiatives. Cabri was instrumental in the repositioning of content
caching vendor CacheFlow to Blue Coat Systems, where the
re-launched company realized rapid growth in market valuation,
achieved profitability and over $100m in annualized revenue. Prior
to Blue Coat, Mr. Cabri worked as director of Product Management at
Novell where he was responsible for the $125m portfolio of Internet
security and network management products. Prior to Novell, he held
various product marketing and product management positions with
MCI.
- Launched IMPact Center - a research arm of FaceTime Security
Labs, the IMPact Center is the only focused and specialized
intelligence and response organization that provides automatic
updates to address the rapid proliferation of new IM and P2P
threats and provides an aggregate risk level of the day's threats,
with the IMPact Index™. FaceTime, which employs the largest lab and
research team of its kind in the industry, also announced renowned
malware researcher and Microsoft MVP Christopher "Paperghost" Boyd
as security research manager.
- Strategic partner Reuters announced availability of Reuters
Messaging Compliance Manager, a service that relies on FaceTime's
technology to deliver strict regulatory compliance for IM and P2P
networks. The Reuters Messaging network is the world's largest
hosted deployment of Microsoft's Live Communication Server
2005.
- Continued international expansion announcing a partnership with
UK distributor, Unipalm. Unipalm replaced IMLogic with FaceTime to
deliver IM compliance and security solutions in the UK and
Ireland.
"The weekly litany of information loss and corporate
embarrassment should remind everyone of the growing threat from
spyware and other nefarious greynet applications," said Peter
Christy, Principal Analyst Internet Research Group. "Enterprises
need to secure and control the legitimate greynet applications like
instant messaging if they are to be confident that they can protect
confidential data and maintain compliance. FaceTime is clearly the
market leader in this important emerging area."
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.
PR Contact Information: