November 30, 2001
NetIQ Ranks 12th on Bloomberg's List of the 100 Fastest Growing Tech Companies
NetIQ Corporation (NASDAQ: NTIQ), a leading provider of e-business infrastructure management and intelligence solutions, today announced that it was ranked 12th on Bloomberg's third annual list of the 100 Fastest Growing Tech Companies
SAN JOSE, Calif.
NetIQ Corporation (NASDAQ: NTIQ), a leading provider of e-business infrastructure management and intelligence solutions, today announced that it was ranked 12th on Bloomberg's third annual list of the 100 Fastest Growing Tech Companies, which appeared in the October issue of Bloomberg Personal Finance. NetIQ showed tremendous growth with net sales of $128.6 million and a one-year sales growth of 278 percent.
Companies eligible for the list experienced at least 25 percent sales growth during both the 12-month period from March 31, 2000 to March 31, 2001 and the first quarter of 2001 compared to the first quarter 2000. Of these 500 companies, the top 100 were then ranked by Bloomberg based on 12-month sales growth.
"The rapid growth that NetIQ has experienced this past year is a true testament to both the quality of our products and the hard work of our employees," said Ching-Fa Hwang, president and chief executive officer of NetIQ. "To be ranked 12th on Bloomberg's list of the fastest growing technology companies in the U.S. demonstrates our success in providing the mission-critical solutions that our customers demand."
NetIQ Corporation (Nasdaq:NTIQ) is a leading provider of e-business infrastructure management and intelligence solutions for all the components of an organization's e-business infrastructure—from back-end servers, networks and directories to front-end web servers and applications. The company is headquartered in San Jose, Calif., with development and operational personnel in Houston, Raleigh, N.C., Bellevue, Wash., and Portland, Ore. For more information, please visit NetIQ's Web site at www.netiq.comor call 408/856-3000.
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