Akorri Revenues Up 209% in 1Q10

Akorri, Inc. has achieved record growth and market recognition in Q1 2010. The company increased revenues 209% over the same period last year.

Akorri added new customers in the US, Europe and Asia Pacific, and won four industry recognitions including:

1. The Wall Street Journal‘s Top 50 Venture-Backed Companies list,
2. Everything Channel’s CRN Partner Program Guide and Five Star Rating as a top IT vendor,
3. Akorri Vice President of Worldwide Sales Bill Simpson recognized as Everything Channel’s CRN 2010 Channel Chief, and
4. Storage Magazine-SearchStorage.com‘s 2009 Gold Product of the Year award for Storage Management Tools.

Within the quarter, Akorri also introduced enhancements to its BalancePoint software. The new version of BalancePoint offers increased interoperability, deeper storage performance troubleshooting and reporting capabilities, and ease of use enhancements.

"Our record quarterly performance and industry accolades clearly demonstrate the continued satisfaction being seen by our growing customer base. Happy customers give credence to Akorri’s capabilities and are a key recognition which makes Akorri’s growth possible. Akorri is a company with a unique and winning product that solves a critical problem within IT organizations today," said Allan Wallack, CEO at Akorri. "As companies continue to virtualize more of their business critical applications, they need a tool that enables server and storage administrators to manage performance within these more complex environments. Akorri’s BalancePoint is leading the way in solving this fast growing customer requirement."