IT Wise, the Sub-Saharan distributor for Packeteer, today announced that the latter has been selected by Red Herring magazine as one of the inaugural Red Herring Small Cap 100. The editors of Red Herring evaluated over 2 500 technology companies from North America, Europe and the Asia-Pacific region for the award.
The Red Herring Small Cap 100 were selected for their innovative technology and smart business models that nurture growth and profitability. Red Herring`s Innovation Index, global perspective, and provocative outlook on the technology landscape make this list a unique tool for technology and financial executives.
"The winners on this list are the most competitive, the most innovative, and the most promising technology companies in the small-cap segment," commented Joel Dreyfuss, Editor-in-Chief of Red Herring magazine. "We hope that the Red Herring Small Cap 100 list will shine the light on them that they deserve."
As the dominant market share leader in WAN application optimisation, Packeteer continues to add breakthrough capabilities for its award-winning PacketShaper product line. PacketShapers consolidate network visibility, bandwidth management and quality of service capabilities, application acceleration and centralised management functions into a single, easy to deploy device. The system is distinguished by its ability to provide layer 7 application classification, monitoring and advanced quality-of-service functions. This protects mission-critical applications by prioritising application-specific traffic. In addition, PacketShapers increase existing network capacity through advanced compression techniques to help customers avoid costly network upgrades.
"We`re gratified to receive recognition for our ongoing technical achievements and successful business model that has enabled us to sustain our overwhelming market share leadership position," added Dave C^ot'e, CEO of Packeteer. "We`re very proud to be acknowledged by one of the true bellwether publications in our industry."
For further information, please contact Brian Paul at telephone +27 12 665 2204; fax +27 12 665 2918; e-mail brian@itwise.co.za.
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Packeteer Inc, founded in 1996 and headquartered in Cupertino, California, is the pioneer and global leader in WAN application traffic management. Packeteer`s PacketShaper product line consolidates network visibility, bandwidth management and Quality of Service capabilities, application acceleration and centralised management functions into a single, easy to deploy device. Packeteer solutions are sold through a global network of partners, distributors and system integrators, and are backed a 24x7 global service and support organisation.
IT Wise
IT Wise, a South African company, is the sole Sub-Saharan Africa distributor for US-based Packeteer.
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