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Klocwork Closes Record Fiscal Year in 2011

ID: 1071934

Results include 51 percent growth in second half bookings performance

(firmenpresse) - BURLINGTON, MASSACHUSETTS -- (Marketwire) -- 01/11/12 -- ., the global leader in source code analysis solutions for improving embedded software security and reliability, announced it closed 2011 with the highest bookings and revenue in the company's history. This achievement was highlighted by a 51 percent surge in bookings growth during the second half of 2011 and the largest Q4 in company history. With more than 950 customers worldwide, the company continues to attract customers at a record pace and has also expanded its network of partners by increasing its presence in the UK, Europe and Asia.

"Source code analysis is now a must-have technology for any organization serious about software security and reliability," said Mike Laginski, Chief Executive Officer, Klocwork. "We look forward to working with our customers and global partners in 2012 and continuing our momentum throughout this year."

In addition to record financial performance, Klocwork also achieved the following milestones in 2011:

About Klocwork

Klocwork® offers a portfolio of software tools designed to ensure the , reliability and maintainability of complex code bases. Using proven technology, Klocwork's tools identify critical security vulnerabilities and reliability defects, optimize peer code review and help developers create more maintainable code. Klocwork's tools are an integral part of the development process for over 950 customers in the consumer electronics, mobile devices, medical technologies, telecom, military and aerospace sectors.

Contact Klocwork for more information at or .

Klocwork and Klocwork Truepath are registered trademarks of Klocwork Inc in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.



Contacts:
Klocwork Contact:
Meranda Powers
613.836.8899 x406




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Datum: 11.01.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 1071934
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