Exeros Achieves Record Growth in 2006 Through Significant Traction in Financial Services and Strategic Partnerships with IT Industry LeaderS
Exeros DataMapper Enables Fortune 1000 Customers to Automatically Discover
Forgotten Business Rules, Hidden Sensitive Data and Unknown Data Inconsistencies
for Data Governance and Integration
SANTA CLARA, April 3, 2007 – Exeros®, Inc., (http://www.exeros.com) an innovator in automated data relationship discovery software, announced today that in 2006 the company experienced more than 300 percent year over year revenue growth. This accomplishment is a direct result of tremendous growth in the company’s Fortune 1000 customer base, particularly among many of the nation’s leading credit card, insurance and global investment and asset management institutions.
“Exeros’ data governance and integration initiatives enable organizations to identify where their data lives, flows and how it transforms throughout the enterprise,” said Philip Howard, research director for Bloor Research. “Exeros DataMapper® is the only solution that identifies relationships between various data sources in order to integrate systems and uncover the hidden intelligence that exists within an enterprise.”
Exeros DataMapper automatically discovers forgotten business rules and data lineage, hidden sensitive data and unknown data inconsistencies. Exeros DataMapper is used by companies to lower the risk and speed the deployment of master data management (MDM), financial data lineage, sensitive data discovery, hand-code-to-ETL migration and legacy data migration projects, saving companies thousands of data analyst hours and millions of dollars.
In addition to winning new customers and completing successful deployments at several large, well-known companies, in 2006 Exeros entered into strategic partnerships with several IT industry leaders, including IBM, Informatica and Business Objects.
As a direct result of its growth and strategic partnerships, Exeros has expanded its sales team and opened new sales and support offices in Minneapolis, New York City, Dallas and Atlanta and signed two new international reseller agreements with IntoDQ and Management Information Principles (MIP) to distribute the DataMapper product line in Europe and Australia respectively.
"2006 was a significant year for Exeros,” said Piyush Gupta, cofounder and CEO of Exeros. "We closed a large number of new deals with well known and respected brand name companies. Many of these deals were in excess of one million dollars. With our proven success, wealth of strategic partnerships, and increased demand for data governance solutions, 2007 promises to be another exciting year for Exeros.”
Contact:
Matt Card
Davies Murphy Group, Inc.
(781) 418-2411
mcard@daviesmurphy.com
http://www.daviesmurphy.com
About Exeros
Exeros, the leading data relationship discovery and management company, helps organizations accelerate time to market for their data governance and integration initiatives. Exeros’ customers include some of the world’s largest financial institutions including investment banks, credit card issuers, insurance and financial management firms. The company’s innovative data relationship discovery engine and analyst work bench, Exeros DataMapper, are the most advanced and complete solutions for discovering business rules, data lineage, hidden sensitive data and unknown data inconsistencies buried in corporate data sources.
For more information, call: 408-919-0191; email: info@exeros.com, or visit http://www.exeros.com.
NOTE: Exeros and Exeros DataMapper are trademarks of Exeros, Inc. in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
