Network Products Guide names Lieberman Software Winner of the 2011 Hot Companies Award for Business Expansion of the Year
(LOS ANGELES, CA – May 12, 2011 – Lieberman Software Corporation, the Pioneers of Privileged Identity ManagementSM, announced that Network Products Guide, the industry's leading technology research and advisory guide, named the company a winner of the Sixth Annual 2011 Hot Companies and Best Products Awards for Business Expansion of the Year. These industry and peer awards from Network Products Guide are the world's premier information technology awards honoring achievements and recognitions in every facet of the IT industry.
"This recognition from Network Products Guide is a great honor and reinforces our commitment to providing outstanding privileged identity management and security management solutions," said Philip Lieberman, president and CEO of Lieberman Software. “We’re proud to be acknowledged for the remarkable business expansion we experienced in 2010, much of which stemmed from expanded sales of our Enterprise Random Password Manager™ (ERPM) solution to customers in all vertical markets throughout the world.”
Channel Growth Sets New Records
Lieberman Software’s 2011 Hot Companies and Best Products Awards for Business Expansion of the Year is based on its record sales in 2010, with year-over-year revenues increasing nearly 40 percent and new business sales rising 62 percent. As the result of the company’s expanded reseller partner program, channel partners’ share of sales more than doubled for 2010, triggered by an explosive 728 percent growth in new business sales through the channel. The company announced key new channel partnerships in the US, Europe, the Middle East and Asia Pacific, and signed an exclusive agreement with a major Tier 1 system integrator last year.
Much of Lieberman Software’s growth in 2010 resulted from a dramatic increase in sales of its flagship privileged identity management solution, ERPM, to large enterprises worldwide and an expansion of current customers’ department-level installations to the entire organization. Sales of ERPM in 2011 rose as market awareness for the need to control and monitor access to sensitive corporate data increased.
About Network Products Guide Awards
As industry’s leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com
About Lieberman Software Corporation
Lieberman Software provides privileged identity management and security management solutions that protect the multi-platform enterprise. By automating time-intensive IT administration tasks, Lieberman Software increases control over the computing infrastructure, reduces security vulnerabilities, improves productivity and helps ensure regulatory compliance. As Pioneers of Privileged Identity ManagementSM Lieberman Software not only developed the first software solution to address this need, its products continue to lead the market in features and functionality. The company is headquartered in Los Angeles, CA with an office in Austin, TX and channel partners throughout the world. For more information, see www.liebsoft.com.
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Marketing Communications Manager
Lieberman Software Corporation