Network Automation Completes Record Fiscal Year, Continues Momentum with FYQ4 Results

Record year results show 25.8% increase in revenues over 2010 with nearly 400 new clients signed and 33 channel partners added. FYQ4 results best in company history, include 12 new channel partnerships, 28% increase in international sales, 97 new clients signed.

Los Angeles, July 26, 2011

Network Automation, the premier provider of IT and business process automation software AutoMate^TM 8, announced today its record sales results for the three-months ending June 30, 2011.  FYQ4 marks the end of a historic year for the firm, with record revenue increases and the addition of nearly 400 small, mid-market, and Global Fortune 1,000 clients as well as 33 new channel partnerships.  The year’s results demonstrate the increased market demand for IT automation software, and the favorable response to AutoMate’s new virtualization and cloud computing functionality.

FYQ4 kept pace in continuing the company’s momentum as sales increased by more than 13% compared to the same reporting period in 2010 and marked the company’s eighth consecutive record quarter. Network Automation expanded sales domestically, internationally, and throughout the channel signing 97 new clients including Merrill Lynch Securities, Rolls-Royce Marine AS,The British Museum, Paz Oil Company Ltd., and Credit Union Australia.

The full-year results for FY2011 included many momentous achievements for Network Automation.  The firm released the latest version of its software solutions, AutoMate 8 and AutoMate BPA Server 8, and increased its customer list to 11,000 companies.  In all, Network Automation signed over 400 new clients and added 33 new channel partners.  The company now has over 100 partnerships with distributors, resellers, systems integrators and OEMs. Prompted by its record growth, Network Automation opened its new global headquarters in Los Angeles which fully accommodates the firm’s current staff and is large enough to support a 50% increase in personnel.

“We are pleased to see SMBs and Fortune 1,000 corporations across the globe leveraging automation technology to reduce cost and streamline operations,” said Gary Bishop, CEO of Network Automation. “We couldn’t be happier with our results this year, and the company’s eight consecutive record quarters. We are thrilled to continue the expansion of our channel partner programs as well as add to our domestic and international customer base.”

Network Automation’s products are sold throughout the world directly and through channel partners. AutoMate 8 and BPA Server 8, are robust platforms designed to span automation development, deployment, and management, with a drag-and-drop development environment and other features that substantially reduce the total cost of the automation lifecycle.

About Network Automation

Network Automation, Inc. is the mid-market leader in automation software that streamlines and integrates business processes without expensive programming. Founded in 2004 and based in Los Angeles, the company provides business process automation solutions to more than 10,000 small, mid-market, and Global Fortune 1000 clients across 60 countries. The firm's AutoMate and AutoMate BPA Server platform span automation development, deployment, and management with a drag-and-drop environment that substantially reduces the total cost of the automation lifecycle. Common uses include job scheduling, automated FTP, batch processing, automated backups, scripting, automated testing, event log monitoring, automated reporting, and more. Network Automation's customers include NASA, IBM, Kaiser Permanente, Verizon, FedEx, and many regional, state, and federal government offices. For more information, visit www.networkautomation.com.

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