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50 percent revenue surge for Sendmail.

SendMail : 15 April, 2008  (Company News)
Sendmail enters European market on the wave of outstanding results for the 2007 financial year.
Sendmail has announced that worldwide revenues for fiscal 2007 increased 50 percent versus the prior year, as the company looks to increase its presence in Europe. This revenue surge is largely attributed to a growing demand for the company's flagship product, Sentrion, which boosted unit sales more than 160 percent over the prior year. The increased demand from the company's Global 1000 customer base reflects the growing pain-points associated with complex messaging infrastructures, regulatory compliance requirements, surging levels of spam and virus infected email, and concerns over outbound data leakage.

"The 'old' Sendmail was known primarily for open source software which provided complex routing and delivery of email," said Donald Massaro, Sendmail President and CEO. "Ten years ago, we incorporated to provide commercial software solutions for email routing and delivery while adding inbound threat protection, and we've acquired a great roster of Global 1000 customers. Last year, when shifting to a packaged appliance model and adding sophisticated capabilities for outbound threat protection, we attracted new customers who recognise the benefits of a single, integrated bi-directional message processor. Our rapid growth in 2007 tells me that 'The New Sendmail' is on the right track to gaining significant share in this growing market."

To enhance Sendmail's presence in Europe, the company has been attracting new talent. Ian Emery joined Sendmail in January of this year as Vice President of Sales for EMEA. With over 30 years experience in major hardware and software companies in the U.K., Emery was most recently general manager of the enterprise messaging security business in Europe for Tumbleweed Communications.

In discussing the latest growth figures, Sendmail Executive Vice President and COO, Glen Vondrick noted: "No matter how you measure it—total revenue, international revenue, appliance sales, OEM sales, new customer growth—2007 was a record year for Sendmail. Email volumes continue to rise and our customers are realising the return-on-investment they can achieve by modernising their outdated messaging infrastructure to handle the complex routing and delivery of email with new Sentrion Message Processors. Many of our legacy open source customers are converting to the Sentrion MP as they realise that the payback for mission-critical business communications is not in filtering applications. No solution has ever been more reliable and trusted in ensuring delivery of the mail than Sendmail."

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