NextGig Systems, Inc. - Gigamon Bucks the Trend, Continues Rapid Growth in Spite of Difficult Economic Times - Gigamon GigaVUE Reseller NextGig Systems, Inc.

NextGig Systems, Inc. - Network Connectivity & Test Solutions

Gigamon Bucks the Trend, Continues Rapid Growth in Spite of Difficult Economic Times

Gigamon Sees 2009 Revenue Growing at a Similar Pace Due To Shipments of Its High Density 10GE Data Access Switch

Silicon Valley, CA - January 6, 2009 - Gigamon, the leading provider of intelligent data access networking products, today announced that its revenue for the fiscal year 2008 has grown by 50%. This is attributed to the broad market adoption of our GigaVUE product line that is now deployed in 36 countries across the globe. GigaVUE saves money for stressed IT budgets in multiple ways.

“Considering the economic climate, we are pleased to have had a record breaking fourth quarter which increased our annual revenue growth to 50%,” said Ted Ho, Gigamon’s CEO. “This is a testament to our engineering staff that has delivered the most comprehensive and cost effective solution on the market for monitoring data centers. We have also made significant investments in sales, marketing and business development, which resulted in an overall increased headcount of 30%.”

Gigamon recently announced the GigaVUE-2404 high density 10G data access switch that will begin shipping in January. “Customers are excited about this product because the transition to a 10G Ethernet core is occurring at a rapid pace. With the GigaVUE-2404 they can get critical data from 10G Ethernet ports to 1G Ethernet tools. With our mapping and filtering capabilities, customers can aggregate traffic from several high speed connections and send specific traffic to a secure centralized tool farm.”

Award-Winning Solution

Gigamon’s DAN technology has earned the Emerging Technology of the Year award in the world monitoring market from Frost & Sullivan. Over 1,900 GigaVUE units are already in use at over 400 telecom, industrial, manufacturing, financial, banking, medical, utility and government networks worldwide. Current users include Apple, Chevron, Cisco, eBay, the U.S. Federal Reserve, Capital One, Deutsche Bank, Royal Bank of Canada, Fidelity Investments, JCPenney, NASA, Northwestern Insurance, the NYSE, Raytheon, Toyota, Sprint, AT&T, Verizon, T-Mobile, Vodafone, NTT, KDDI, and the U.S. Department of Defense, among many others.

About Gigamon
Gigamon is the inventor and leading provider of Data-Access Switches. Its flagship product, GigaVUE®, can multicast packets from one span or tap to many tools to solve the span port sharing problem. It also can aggregate and intelligently filter packets from many spans or taps to one or multiple tools to solve the problem of monitoring flows across complex mesh topologies and virtual networks. GigaVUE® facilitates unobtrusive parallel tool deployment with network-wide coverage, significantly reducing customers’ capital budgets and yielding immediate ROI benefits.

For more information about Gigamon Data Access Switches please contact us here.