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Blue Coat Middle East reports 15 per cent increase in sales

  • United Arab Emirates: Sunday, November 20 - 2005 at 11:49
  • PRESS RELEASE

Blue Coat Systems Middle East, a leading provider of proxy appliances, today announced financial results for its second fiscal quarter of 2006 ended October 31, 2005.

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  • Ray Kafity, general manager Blue Coat Middle East.
    Ray Kafity, general manager Blue Coat Middle East.
Sales revenue increased 15% year on year, with the Kingdom of Saudi Arabia (KSA) leading the GCC countries in terms of sales revenue, followed by the United Arab Emirates (UAE) and Qatar.

The company's revenue from the Middle East region contributed 5.1 percent to Blue Coat's total worldwide sales, a formidable number given that technology multinationals operating in the area contribute an average of one to two percent to global revenues.

"We continue to be pleased with the market acceptance of the solutions that Blue Coat provides as evidenced by the stronger than expected sequential growth in revenue," said Ray Kafity, general manager Blue Coat Middle East.

"The GCC region will continue to contribute the lion's share of our revenue, now 97 percent, but we see great potential in Lebanon, Jordan and Egypt in 2006."


The Kingdom of Saudi Arabia ranks first in terms of sales revenue, with a contribution 42 percent, followed by the UAE, contributing 21 percent, then Qatar with 18 percent, Kuwait at 10%, while Oman and Yemen contributed 3 percent respectively, and another 3 percent from the remaining active countries.

"We will continue to focus on expanding our market presence and making appropriate investments in our infrastructure to address the growing market demand across the region," continued Kafity. "Plans are already being rolled out to make sure that partners are well equipped to provide our customers with high end consulting work and support services."

Results showed that the combined Blue Coat Proxy SG and Proxy AV solution attracted the most interest among security professionals. This robust platform quickly and intelligently processes web objects to determine which objects should be scanned for viruses - Proxy AV scans, and Proxy SG caches.

Another area of current and future interest, Blue Coat reports, is Spyware. Blue Coat believes most organizations will run anti-spyware clients on their mobile PC's (laptops), and both ProxySG and Spyware Interceptor can alert administrators when those machines return with spyware infections.

As far as vertical markets are concerned, "all sectors are Internet security hungry but the top four are telecoms, oil and gas, banking and education," he commented.

Blue Coat offers customers the flexibility to choose among industry-leading anti-virus engines, including McAfee, Panda, Sophos and Trend Micro, each providing customers with automated updates. This flexibility of the Proxy AV allows customers to implement a layered anti-virus defense across the distributed enterprise, where a different anti-virus engine can be deployed at the Web gateway to complement email servers and desktops.
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Notes and media contacts

The statements contained in this press release that are not purely historical are forward-looking statements, including statements regarding Blue Coat Systems' expectations, beliefs, intentions or strategies regarding the future, and including statements regarding the capabilities and expected performance of Blue Coat Systems' products. All forward-looking statements included in this press release are based upon information available to Blue Coat Systems as of the date hereof, and Blue Coat Systems assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to Blue Coat Systems' business are set forth in Blue Coat Systems' most recently filed Form 10-K for the year ended April 30, 2005, and other reports filed from time to time with the Securities and Exchange Commission.

Note: All trademarks, trade names or service marks used or mentioned herein belong to their respective owners.

About Blue Coat Systems:
Blue Coat helps organizations make the Web safe and productive for business. Blue Coat proxy appliances provide visibility and control of Web communications to protect against risks from spyware, Web viruses, inappropriate Web surfing, instant messaging (IM), video streaming and peer-to-peer (P2P) file sharing - while actually improving Web performance. Trusted by many of the world's largest organizations, Blue Coat has shipped more than 25,000 proxy appliances. Blue Coat is headquartered in Sunnyvale, California, and can be reached at (408) 220-2200 or www.bluecoat.com.

For more information, please contact:
Blue Coat
Dubai Internet City, Cannon building 9, office 313
P.O. Box 72377
Dubai - UAE
Tel: (971-4) 391-1620
FAX: (971-4) 391-1635

For media requests, please contact:
Layth Dajani
The CONTENT Factory
P.O. Box 29764, Dubai - United Arab Emirates
Tel: +97143341880
Fax: +97184480574
Mobile: +971507145640

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