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Coyote Point Systems Expands Its Reach With New Enterprise Class EQ/OS 10 Application Delivery Architecture -- Load Balancing Pioneer Opens Up New Opportunities Worldwide for Application Delivery and Virtualization SolutionsNew Corporate Image and Website Signals "A Whole New Coyote" (March 15, 2012)
SAN JOSE, CA -- (Marketwire) -- 03/15/12 -- Coyote Point Systems, a leading provider of application delivery and acceleration solutions, today announced the results of a two year product development and company strategy initiative, resulting in a new, enterprise-capable Equalizer Series product line for all market segments including cloud computing. The enhanced capabilities of the re-architected EQ/OS 10 system software platform triggered a revamp of the corporate image and a new website reflecting the continued innovation and strong worldwide acceptance of Coyote Point products by its global channel partners and customers.
Every day solution providers introduce new technology options that have the potential to completely change the way businesses deliver their applications and services. "We're seeing strong demand worldwide for new solutions, and we've put together what we call 'a whole new Coyote' to address these opportunities," said Coyote Point's founder and CEO, Bill Kish. "Server virtualization is just one of the many disruptive technologies we embraced in the new EQ/OS 10 platform. We have always focused on optimizing the utilization of server hardware to improve performance and significantly reduce waste and operational costs. Our solutions leverage our experience and innovation to provide intelligent load distribution, system management automation and acceleration capabilities that manage and streamline workloads according to business goals and priorities."
The launch of a new website and image at www.coyotepoint.com reflects Coyote Point's continued positive momentum in the worldwide Application Delivery Controller (ADC) market. The momentum is reflected in higher revenues, the release of a completely new enterprise ADC architecture, more robust virtualization solutions, added value with the 2102 partner program and new corporate branding and web presence.
The Application Delivery Controller market grew over 10 percent in 2011 to approximately $1.4 billion and will experience robust growth in 2012, according to Dell'Oro Group, fueled by data center build outs, consolidation, and the continued preference of users bringing their own devices as well as increased applications on each device.
Coming off of a record setting month in December of 2011 Coyote Point continues to make positive revenue gains worldwide. 2012 has shown significant growth contributions in the EMEA and stronger than expected revenue contributions in the Japanese markets. A number of very positive trends in strategic facets of Coyote Point's business are a 62% increase in government sector customers and an equally impressive showing with a 36% increase in recurring revenue from multiyear support contracts. These two positive gains have contributed to a 26% quarter over quarter growth in total revenue. The positive revenues are attributed to a strong reception of the new capabilities delivered in the new EQ/OS 10 ADC architecture by both the customer and partner communities.
The EQ/OS 10 platform provides a unifying technology platform that delivers new and comprehensive features and capabilities to solve application and network challenges. The new OS showcases significant improvements in connectivity, speed, availability, security and management. The new EQ/OS 10 architecture is now available for the GX line of Equalizer ADCs, Equalizer OnDemand (virtual Equalizer ADC) and Envoy Global Server Load Balancer (GSLB).
"Our partner network continues to deliver applications on networks that are increasingly more complex," said Jim Puchbauer, Coyote Point's Director of Marketing and Alliances. "The response from our channel partners has been very positive. EQ/OS 10 helps them to meet their customer requirements and provides the foundation for delivering their solutions within a more secure, higher performing and reliable application delivery environment."
About Coyote Point
An innovator in application delivery solutions for over 12 years, Coyote Point introduced their first server load balancer in 1999 and has shipped more than 15,000 worldwide. As a leading manufacturer of application delivery, acceleration and load balancing solutions, Coyote Point products enable IT personnel to have greater control over their web and application servers. Coyote Point's EQ/OS 10 is an enterprise class application delivery architecture supporting Equalizer ADC, virtual Equalizer OnDemand ADC, Envoy (Global Server Load Balancing) and VLB (Virtualization optimization) product families.
The Equalizer family of ADCs have an unparalleled combination of performance, reliability, ease of deployment and affordability and offer capabilities for load balancing, application acceleration, high availability, HTTP Web compression, SSL offload & acceleration, Global Server Load Balancing, fault tolerance, disaster recovery, virtualization optimization and clustering. With a versatile and powerful architecture, Coyote Point provides an affordable family of ADC solutions providing comprehensive traffic management delivering 24x7 application availability, optimized performance, and a flexible, scalable, secure application delivery infrastructure. Coyote Point is headquartered in San Jose, CA. For more information, go to www.coyotepoint.com, or call us at 1-877-367-2696.
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