Goliath Reports Record-Breaking Revenue in the First Half of 2013

Proactive performance monitoring of virtual server and desktop infrastructure along with analysis of Citrix NetScaler continues 11 Quarters of record growth.

Philadelphia, PA | July 9, 2013

Goliath Technologies, the leading provider of proactive comprehensive virtual monitoring software for hybrid virtual, cloud and physical and IT environments, announced today that the company’s rate of growth accelerated sharply in the first half of 2013. License bookings revenue increased over 92% on a year over year basis with 4 to 5 new customers being added each week – including Overstock.com, myspace, Alpha Actual, Wall Street Systems, Bemis and GreenQube.

“The overwhelming majority of IT departments are hybrid and in some stage of adopting elements of virtual server, virtual desktop and/or cloud,” said Thomas Charlton, Chairman and CEO of Goliath Technologies. “Of course this transition is opaque to end users who just want to access their applications seamlessly. We understand the challenges facing system administrators and our two proactive technologies are aimed at real difficulties encountered when delivering applications to their customers in this evolving IT paradigm. I believe that our 11 consecutive quarters of record growth are validation of the fact that we are delivering the right technology at a price point that doesn’t impede adoption.”

Both MonitorIT and HyperThetical received major functionality enhancements during the first half of 2013. This was highlighted by the release of MonitorIT 10.5 which included the addition of real time performance graphs which takes information from across the virtual, cloud and physical environments more proactive, consumable and easier to put into action. IT managers can now more easily identify bottlenecks, set alerts and automate fix actions for a truly proactive approach to monitoring the entire virtual and physical infrastructure. Additionally, Goliath released HyperThetical for NetScaler 2.0. This release significantly extended the market’s first proactive analysis tool designed specifically for Citrix NetScaler® by giving deeper actionable insight into user behavior, server performance and overall NetScaler functionality to system administrators leveraging NetScaler as a mechanism for ensuring seamless application delivery to end users.

“We selected Goliath Technologies during the first half of 2013 for several reasons,” said Hunter McFadden, CEO of GreenQube. “Most of which was that Goliath’s solutions provided a clear vision for proactive IT and enabled us quickly gain deeper insight into our virtual environments.”

To learn more about both MonitorIT and HyperThetical for NetScaler visit Goliath Technologies at goliathtechnologies.com.

About Goliath Technologies

Goliath Technologies is all about being proactive. We deliver market-leading proactive systems management and issue remediation software for IT organizations running in today’s hybrid infrastructures. Specifically, Goliath’s solutions address the evolving challenges of managing physical, virtual and cloud infrastructures by allowing IT professionals to monitor, report, analyze and automate fixes for both applications as well as the entire supporting technology stack. Businesses today require solutions with deep functionality and capabilities that are scalable, cost effective and easy to use. Goliath’s solutions fill the gap left in the marketplace between simplistic, cost-effective point solutions and expensive, services-intensive enterprise solutions making deep, functionality rich solutions available to everyone – even those who thought they couldn’t afford it in the past. Headquartered in Philadelphia, PA, with all development located in the United States, our software is used by customers worldwide including ADP, ING Direct, NASA, Thomson Reuters Overstock.com, Myspace and Shell.

Learn more today at https://goliathtechnologies.com.

Goliath Technologies Press Contact:

Press/Analyst Relations
Goliath Technologies