Avecto Announces Significant Year End Results for 2011

BOSTON and MANCHESTER, England, July 28, 2011 -

Avecto, the leader in Windows Privilege Management today announced further record breaking results from their 2011 financial year end.

Paul Kenyon, COO comments: “Yet again the Company has experienced huge growth over the last 12 months and revenue from the North American market alone, now represents over 40% of our turnover during this period. Year on year we are doubling the size of our business with sales figures up over 350%  at our financial year end in June 2011.”

In early May 2011, Avecto acquired substantially larger business premises in Andover, MA. Within 2 months the company had quadrupled their North American regional sales teams, and plans are in place to continue growing at an even faster pace as the year progresses.

Avecto’s Privilege Guard was recently chosen by one of the world’s largest, and most respected, financial institutions, to help bolster IT security and effectively manage user privileges. The institute are now implementing the solution across their entire estate of 400,000 desktops worldwide. “Additionally, over the last six months, we have further strengthened our product development team, increased the number of channel partners across the globe, and expanded key strategic partnerships throughout the industry. In short, we are building an increasingly solid foundation for further business growth,” adds Kenyon

Avecto’s Privilege Guard enables organizations to strike a balance between providing users with a degree of control over their desktop configuration, and protecting the standard desktop build. Instead of giving admin rights to users, Privilege Guard enables IT administrators to assign elevated rights to individual applications and tasks.

Between now and the end of their next financial year Avecto is scheduled to attend a wide range of industry events including Focus 11 - the fourth annual McAfee security conference, Microsoft Management Summit, InfoSec Europe and TechEd.

About Avecto

Avecto is the leader in Windows privilege management, helping organizations to deploy secure and compliant desktops and servers. With its award winning Privilege Guard technology, organizations can now empower all Windows based desktop and server users with the privileges they require to perform their roles, without compromising the integrity and security of their systems.

Customers of all sizes rely on Avecto to reduce operating expenses and strengthen security across their Windows based environments. Our mission is to enable our customers to lower operating costs and improve system security by implementing least privilege. Avecto is building a worldwide channel of partners and system integrators and is headquartered in Manchester, UK with key regional offices in Andover, MA and Rotterdam, Netherlands. For more information, visit www.avecto.com

Press Contact: Donna Shaw, donna.shaw@avcto.com  Tel: +44(0)845-519-0114

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