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CORR PGP CORP ANNOUNCES RECORD ORDERS IN 2004.
(Repeating for technical reasons)
(Edited text of a statement. Full text can be found at www.businesswire.com)
PALO ALTO, Calif.--(BUSINESS WIRE)--March 1, 2005--
Enterprise Adoption, Industry Recognition, Technology Partnerships, Channel Expansion, and Product Innovations Highlight 2004 and Early 2005
PGP Corporation, a global leader in enterprise encryption solutions, today announced record orders for its award-winning encryption solutions in calendar year 2004, further solidifying its position as the encryption market leader.
"2004 was the most successful fiscal year in the 10-year history of commercial PGP products," said Alex Doll, PGP Corporation's CFO and vice president of business development. "In addition, we have made the proper long-term investments in 2004 to position ourselves for continued growth in 2005 and beyond. In 2004, we doubled our headcount, accelerated our infrastructure and operations investments, expanded the size of our California headquarters, opened a new facility in Utah, grew our European infrastructure, and significantly increased our engineering resources and expertise -- all while producing a positive cash flow for the year."
"Analysts, the media, and our customers have all voted for PGP Corporation," said Phillip Dunkelberger, president and CEO.
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Source: HighBeam Research, CORR PGP CORP ANNOUNCES RECORD ORDERS IN 2004.