"We are pleased with our results and performance in 2011," said Shlomi Yanai, Commtouch's chief executive officer. "We continue to see growth in our top and bottom lines and a significant increase in cash. Our strong financial position will enable us to expand and accelerate our future plans."
For information regarding the non-GAAP financial measures discussed in this release, please see "Use of Non-GAAP Financial Information" and "Reconciliation of Non-GAAP to GAAP Financial Information."
2011 Business Highlights:
Business highlights for 2011 include:
- Integration of Command Antivirus® into Commtouch's current business, and ramping up of antivirus sales to the company's existing and new customers.
- Growth in service provider demand for Commtouch's solutions, with a focus on Outbound Spam Protection and antivirus. New deals signed globally include those with Cox, Hostway, Superb Internet and one of the top three European hosting providers.
- Launch of new products, including version eight of Commtouch's technology, which simplifies management of its security solutions; a new URL filtering solution for mobile, which provides real-time protection for mobile device users browsing the Web; and the industry's first unified engine combining email security, Web filtering and antivirus, which enhances performance, reduces integration time and increases customers' ROI.
- Continued investment in the company's worldwide cloud infrastructure to enable superior detection services for Commtouch's customers.