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Wily Technology Announces 43 Percent Worldwide Growth in Q3

Shows Even Better Growth of 69 Percent on Year to Year

Wily TechnologyWily Technology , the leader in Enterprise Application Management, announced it achieved worldwide sales growth of 43 percent in Q3 2005 compared to the same period in 2004. Demand for Wily's application performance management solutions continued to surge in Q3 as the company released Wily 6, the latest version of its flagship Introscope product, closed on its acquisition of Timestock, , expanded its partnerships with the worlds leading application vendors and maintained a steady pace of international expansion. Year-to-date, Wily has grown worldwide sales by 69 percent compared to the same period in 2004.

"This was another strong quarter for Wily. We continue to grow faster than the market because we offer the most effective solutions for enterprises to ensure the performance and availability of their revenue generating applications, "said Dick Williams, president and CEO of Wily Technology, "Companies trust Wily for their application management needs because we provide all the real-time information required for end-to-end application management, and we continue to release innovative new solutions that meet their evolving needs such as Customer Experience Manager, MQ monitoring and
the first production error detection solution."

Many leading enterprises across all industries selected Wily in the quarter to meet their application management needs. Key new or extended customer relationships in the third quarter of 2005 included: Caterpillar, Citizens Property Insurance, City of Chicago, Discovery Communications, Honda Canada Manufacturing, Kohls, Motricity, San Diego Data Processing Corporation, UNICCO Service Company, U.S. Bureau of Engraving and Printing, VNU eMedia, World Wide Technology, AIB, AWD GmbH, maufmannische Krankenkasse, MKK, Sekerbank, American International Assurance and SMG Co. Ltd.

Between Q3 2004 and Q3 2005 outside the U.S., Wily achieved 125 percent growth in Europe and 306 percent growth in Asia Pacific. Year-to-date, Wily has grown its combined sales for Europe and Asia by 129 percent compared to the same period in 2004.

In Q3 2005 Wily closed its acquisition of Timestock, and created a new Customer Experience Management business unit to be led by Dave Chapman, former CEO of Timestock. Timestock solutions detect, prioritize and isolatecomplex problems that affect the ability of customers to execute successful transactions in any application, whether it was built on Java, .NET, mainframe, or other technology. Timestock technology will be used to extend the deep application visibility and problem diagnosis capabilities already provided by Introscope, Wily's award-winning application performance managemen solution.

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SYS-CON UK News Desk 10/31/05 06:56:45 PM EST

Wily Technology , the leader in Enterprise Application Management, announced it achieved worldwide sales growth of 43 percent in Q3 2005 compared to the same period in 2004.

WebSphere News Desk 10/31/05 05:03:42 PM EST

Wily Technology , the leader in Enterprise Application Management, announced it achieved worldwide sales growth of 43 percent in Q3 2005 compared to the same period in 2004.

Peter Griffith 10/31/05 04:58:10 PM EST

It looks like the economy is on its way up judging from the financial results of the tech companies.