Altiris, Inc. (Nasdaq: ATRS), a pioneer of IT lifecycle management solutions that reduce the total cost of owning IT resources, today announced that the World Economic Forum has selected Altiris as a member of the new class of Technology Pioneers for 2006.
Technology Pioneers are companies that have been identified as developing and applying highly transformational and innovative technologies in the areas of energy, biotechnology and health, and information technology. This year’s class of companies has been selected not only because of the cutting-edge work undertaken by the organizations, but also because their work has potential long-term impact on business and society.
Altiris has been selected as a 2006 Technology Pioneer for its history of substantial growth and for offering solutions that help companies secure and save on the cost of owning information technology. Later this month, Altiris will extend its tradition of pioneering technology with the release of Altiris® Software Virtualization Solution™. This new technology revolutionizes the way software applications are installed, managed and repaired.
Greg Butterfield, Altiris president and CEO, said, “We strive to make a difference and this Technology Pioneer recognition validates our efforts. Altiris solutions address two of today’s most pressing information technology issues: security and cost escalation. To maintain our pioneering tradition, we will continue to listen to our customers and partners and we are committed to providing the market with innovative IT management software.”
In line with the Forum’s commitment to improving the state of the world, the Technology Pioneers program was established in 2000 to provide a new perspective on technological change. Through its Technology Pioneers program, the Forum identifies and integrates those companies around the world that are involved in the design and development of new technologies. The World Economic Forum is invested in monitoring and highlighting these innovations and exploring possible societal repercussions.
Each year, members, constituents and collaborators of the World Economic Forum nominate Technology Pioneers. The criteria for selection include:
- Innovation – The company’s technology must be truly innovative. A new version or repackaging of an already well-accepted technological solution does not qualify as an innovation. The innovation should be recent – not more than two years old. The company should invest significantly in R&D.
- Potential impact – This company’s technology must have the potential to have a substantial long-term impact on business and society in the future.
- Growth and sustainability – The company should have all the signs of a long-term market leader and should have well-formulated plans for future development and growth.
- Proof of concept – The company must have a product on the market or have proven practical applications of the technology. Companies in ‘stealth’ mode and companies with untested ideas or models will not qualify.
- Leadership – The company must have visionary leadership that plays a critical role in driving the company towards reaching its goals.
- Status – The company must not currently be a member of the World Economic Forum. This criterion applies to the parent company, thus wholly owned subsidiaries of large firms are not eligible.
The World Economic Forum, based in Geneva, Switzerland, is an independent organization committed to improving the state of the world. The forum serves its members and society by creating partnerships between and among business, political, intellectual and other leaders of society to define, discuss and advance entrepreneurship, economic growth and social progress. Incorporated in 1971 as a foundation, the World Economic Forum is impartial and not-for-profit, and is tied to no political, partisan or national interests. In 1995 the Forum was awarded NGO consultative status with the Economic and Social Council of the United Nations. (www.weforum.org)
For more information on the World Economic Fourm’s Technology Pioneers and the 36 nominees, go to www.weforum.org/techpioneers. High-resolution, print-quality photographs of the nominees can be downloaded from www.pbase.com/forumweb/techpioneers.
About Altiris
Altiris, Inc. is a pioneer of IT lifecycle management software that allows IT organizations to easily manage, secure and service desktops, notebooks, thin clients, handhelds, industry-standard servers, and heterogeneous software including Windows, Linux and UNIX. Altiris automates and simplifies IT projects throughout the life of an asset to reduce the cost and complexity of management. Altiris client and mobile, server, security and IT asset management solutions natively integrate via a common Web-based console and repository. For more information, visit www.altiris.com.
Note on Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including statements regarding providing the market with innovative IT management solutions, the future availability of Altiris Software Virtualization Solution, and Altiris Software Virtualization Solution’s impact on the way software applications are installed, managed, and repaired. These forward-looking statements involve certain risks and uncertainties that could cause actual results to materially differ from those in the forward-looking statements, including but not limited to, risks associated with delays or difficulties in developing products or bringing products to market, our inability to continue to meet the changing needs of customers in a rapidly changing IT market, potential errors in our software, our inaccurate assessment of market demand or IT technology trends, and such other risks as identified in our quarterly report on Form 10-Q for the period ended September 30, 2005, and from time to time in other reports filed by Altiris with the Securities and Exchange Commission.
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Altiris is a registered trademark of Altiris, Inc. in the U.S. and in other countries. Software Virtualization Solution is a trademark of Altiris, Inc. The other company names or products mentioned are or may be trademarks of their respective owners. |