HERNDON, VA., June 7, 2006 – SWsoft is recognized as a Top 100 IT Vendor of 2006 by IT Week magazine in the June 5, 2006 issue. During the past year, privately-held SWsoft's revenues increased more than 160 percent and the company launched a new version of Virtuozzo, award-winning server virtualization software used by enterprises worldwide.
SWsoft, a recognized leader in server virtualization and automation software, has experienced wide customer acceptance of its products, especially Virtuozzo, its operating system-level server virtualization software that turns a single physical server into multiple virtual environments.
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The markets where SWsoft continues to increase its position are experiencing rapid growth, with the virtualization market growing to $15 billion worldwide by 2009, according to industry analyst firm, IDC.
“It is an honor to be recognized by IT Week magazine again this year,” said Serguei Beloussov, CEO of SWsoft. “We continue to make great strides as our virtualization technology offering, Virtuozzo, is doubling revenue every three months with corporate customers.”
In April 2006, SWsoft’s Virtuozzo product was the winner of the "Product Excellence Award - Best Virtualization Solution" judged by a group of respected industry experts at the semi-annual major LinuxWorld conference and exposition held in Boston.
Again, in April, Virtuozzo earned the “Analyst’s Choice” rating by eWEEK Labs in a cover story of this leading industry magazine.
Last December, SWsoft received the Top 50 Technology Innovator of 2005 Award from IT Week.
SWsoft is a recognized leader in server virtualization and automation software. There are more than 10,000 physical servers with 400,000 virtual environments of Virtuozzo in production around the world. With more than 10,000 customers in over 100 countries, SWsoft's suite of products delivers proven performance, reliability, manageability and value. With offices around the world, SWsoft is a high-growth company funded by Bessemer Venture Partners, Insight Venture Partners and Intel Capital. For more information about SWsoft, visit www.swsoft.com.