September 10, 2002
NetIQ Makes Major Move in Latest Software Magazine 500 Rankings
NetIQ Vaults 33 Spots with Software Revenue of $224.3 million
SAN JOSE, Calif.
NetIQ Corp. (Nasdaq: NTIQ), a leading provider of Systems Management, Security Management and Web Analytics solutions, today announced that the company has been ranked 125th in Software Magazine's 20th annual Software 500 based on revenues from calendar year 2001. This represents a 33 place advancement from the previous year's ranking of 158th. The Software 500 is a list of the world's foremost software and services providers featured in the publication's Summer 2002 issue. A complete list of this year's Software 500 financial rankings can be found at www.softwaremag.com.
The Software 500 is a comprehensive look at software companies targeting enterprise IT organizations with software and services, including both private and public companies. The rankings are based on total worldwide software and services revenues for calendar year 2001. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting.
"NetIQ is focused on providing solutions that manage, secure and analyze all key components of our customers' enterprise computing infrastructure enabling them to continuously work smarter and achieve higher returns on their IT infrastructure and Web investments," said Rick Pleczko, senior vice president of Worldwide Marketing at NetIQ. "Delivering the mission-critical solutions our customers demand has helped us advance our position in the Software 500 listing."
"Although IT spending was slow last year, many software product and service suppliers did do well," says John Desmond, Software Magazine's editorial director. "Companies who can deliver rapid return on investment for their customers with focused product offerings had better results. CIOs and senior IT managers can peruse this yearly benchmark to see how their product and service partners fared. That's a valuable service."
Founded in 1995, NetIQ Corp. (Nasdaq: NTIQ) is a leading provider of Systems Management, Security Management and Web Analytics solutions. Historically focused on the Windows management market, NetIQ now delivers cross-platform solutions that enhance business performance resulting in higher returns on infrastructure and Web investments. NetIQ products are sold across all continents directly and through a network of authorized NetIQ partners and resellers. The company is headquartered in San Jose, Calif., with development and operational personnel in Houston, Texas; Raleigh, N.C.; Bellevue, Wash.; and Portland, Ore. For more information, please visit NetIQ’s Web site at www.netiq.com or call (888) 323-6768.
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