Wily Technology Achieves Over 65 Percent Growth in 2004

Wily Technology Achieves Over 65 Percent Growth in 2004

Application Performance Management Leader Attains Profitability Strategic Partnerships and Unrivaled Innovation Contribute to Record-Breaking Growth

BRISBANE, Calif., Feb. 7 /PRNewswire/ -- Marking its fifth consecutive year of record-breaking growth, Wily Technology, the leader in enterprise application management, today announced the company ended fiscal year 2004 with its best quarter ever and is now profitable. Wily Technology grew 69 percent year-over-year; on a quarterly basis, Wily grew 130 percent sequentially from Q3 to Q4 2004, and 91 percent over Q4 2003.

"In 2004, we focused on aggressive execution and realized tremendous customer success, product innovation and growth of our partner network," said Dick Williams, president and CEO of Wily Technology, Inc. "We see even more opportunity as an increasing number of enterprises trust their businesses to complex, composite Web applications that span multiple systems and stakeholders. In 2005, Wily Technology will continue to raise the bar in enterprise application management, providing customers greater insight into both their applications and business performance."

GLOBAL REACH

Adoption of Wily's pioneering solutions accelerated among Global 2000 enterprises across all industries in 2004. Key new account wins in the fourth quarter included ARAG IT GmbH, Ball Aerospace Technologies, Banque Populaire, BI Performance, BMW North America, Debitel AG, DekaBank, Eurotel, Express Scripts, Groupe Mornay, ISO New England, Orange, Raytheon, Prime Therapeutics, Swiss Life, US Bank, and VR-Leasing AG. Wily's geographic expansion led to rapid growth in international markets including over 400 percent year-over-year growth in Europe.

NEW PARTNERSHIPS

Through significant new partnerships and agreements, Wily expanded its market coverage and access to its solutions. SAP(R), the world's leading provider of business software solutions, and Wily are working together to provide application management capabilities for customers using the SAP NetWeaver(TM) platform. SAP Active Global Support is shipping Wily's Introscope(R) with the SAP NetWeaver platform, enabling SAP support centers around the globe to gain instant visibility inside their customers' systems and rapidly detect performance issues impacting their customers' use of NetWeaver. Through this agreement, SAP AGS can assure its customers that their environments successfully meet business goals and deliver superior customer service.

Additionally, Wily has expanded its global network of systems integrators and resellers for greater penetration in geographic and vertical markets. New partnerships in 2004 include adhoc PES AG, CSC, CrossLogic, eBuilt, E2E Consulting, Haverstick Consulting, Komix, LogicaCMG, Merlin Technical Solutions, Net2S, RFD & Associates and Selesta.

SETTING THE BAR FOR INNOVATION

In 2004, Wily Technology not only gained significant traction with leading enterprises but also with the broader Java community. Wily's revolutionary byte code instrumentation technology was adopted as the official application management standard by Sun Microsystems and the Java Community Process in the latest release of Java 2 Platform, Standard Edition. During the fourth quarter, the company was also named a best-of-breed solution for J2EE application performance management by leading IT analyst firm, the Butler Group.

Wily released 12 new products and solutions in 2004. Major solution milestones included Wily 5(TM), the first comprehensive management solution for the entire Application Platform Suite. Wily also introduced Management 360(TM), which enables businesses to collaboratively assess, prioritize and manage every aspect of the application infrastructure. New products included first-to-market portal management tools Wily Portal Manager(TM) for IBM(R) WebSphere(R) Portal and BEA(R) WebLogic(R) Portal; seven Introscope(R) PowerPack(TM) products designed to monitor and manage application and technology adapters in the IBM WebSphere Business Integration family of products; and Introscope(R) Browser Response Time Adapter, the only monitor that provides transaction visibility from the browser to back-end systems with low overhead and no security risk.

Key Facts about Wily Technology

-- Wily is the only enterprise application management vendor to manage the
entire application platform suite.
-- Wily's comprehensive approach helps solve the real problems customers
face when deploying today's composite Web applications-bridging
multiple teams across the organization and delivering insight on the
performance of all aspects of the application.
-- Wily's customers include 16 of the top 20 global banks, 8 of the
top 10 U.S. banks, 5 of the top 10 global investment firms, 12 of the
top 30 global life and health insurers, 6 of the top 10 global
automakers, 10 of the top 30 global telecoms and 5 of the top 20 U.S.
retailers.

About Wily Technology, Inc.


Wily Technology is the market-leading provider of Enterprise Application Management solutions Wily's products enable companies to successfully manage their critical Web applications and infrastructure by providing real-time, end-to-end visibility into the performance and availability of these systems. Wily's collaborative management approach allows enterprises to rapidly detect and diagnose application slowdowns and failures, and better assess the impact of application performance on business success. This means better customer service, more stable revenue streams, and higher IT productivity. Based on the strength of its innovation, partnerships, and solid customer base, Gartner, Inc. has placed Wily in the leader quadrant in the J2EE Application Server Management Magic Quadrant. To learn more about Wily and Introscope, visit http://www.wilytech.com/ or call 1-888-GET-WILY.

NOTE: Introscope is a registered trademark and Get Wily and Management 360 are trademarks of Wily Technology, Inc. Magic Quadrant is a trademark of Gartner Inc. in the United States and other countries. All other trademarks or registered trademarks herein are property of their respective owners. Other products mentioned are the trademarks of their respective corporations.


Source: Wily Technologies, Inc.

CONTACT: media, Christina Grenier of Wily Technology, Inc.,
+1-415-562-2168, or cgrenier@wilytech.com; or Mariam Sughayer of Horn Group,
+1-415-905-4028, or msughayer@horngroup.com, for Wily Technology, Inc.

Web site: http://www.wilytech.com/


-------
Profile: intent