Courion Reports Strong Q3 Provisioning Solution Sales and Record Revenue  (email this article)

FRAMINGHAM, Mass. – October 11, 2005 - Courion® Corporation (Company Profile, Past Stories, Case Studies), a leading provider of enterprise provisioning solutions, today announced that it closed Q3 2005 with record sales and record revenue. Courion's sales continue to accelerate, fueled by increasing demand for its quick time to value, flexible user provisioning and compliance solutions. Courion achieved a 54% increase in sales over Q3 2004 with the company's Enterprise Provisioning Suite™ accounting for over half of Courion's sales.

Focused on providing flexible provisioning solutions for organizations with diverse organizational, infrastructure, and operational requirements, Courion continued to prove its provisioning dominance in the healthcare industry adding new customers including one of the nation’s top ranked pediatric hospitals and research centers. Other new customers include a global financial services group with over 14 million customers as well as one of the world’s premier television and film entertainment organizations. Courion continued to demonstrate its investment in technology innovation, announcing version 7.20 of its Enterprise Provisioning Suite, which included significant enhancements to provide greater flexibility, increased visualization and faster implementation. Courion also announced AssetLink™, an extension of Courion's AccountCourier® provisioning architecture that connects provisioning with asset management systems to enable extended provisioning to and the seamless management of non-IT assets.

The value and strength of Courion’s technology was acknowledged by numerous industry analysts and publications in Q3, most recently with Courion being awarded a Gold Medal for Provisioning in Bloor Research's 2005 report for Identity Management. Courion was specifically recognized for its mature provisioning capabilities based on a solid heritage, strong relationships with strategic partners and long-term strategy and vision. Courion received high scores for the stability, speed and effectiveness of its technology, the quality of product and services offered, the ability to deliver ROI to customers and corporate viability.

With a continued focus to drive thought leadership within the industry, Courion’s President and CEO, Chris Zannetos, was named co-chair of the TechNet CEO Cyber Security Task Force. As part of the TechNet Task Force, Zannetos will leverage the resources, experience, and expertise gained in providing security solutions to hundreds of organizations, to work closely with the federal government and other industry groups to recommend ways to protect the nation's critical technology infrastructures.

“In Q3 Courion continued to demonstrate its commitment to technology innovation, industry thought leadership, and most importantly to meeting the needs of our customers,” said Chris Zannetos, president and CEO of Courion. “We believe we have the most comprehensive enterprise provisioning solution in the market, and our continued record revenue and provisioning sales, industry accolades as well as demonstrated customer successes are all testaments to this fact.”

About Courion
Courion enables complex organizations to rapidly respond to constant change. Unlike traditional identity and access management technologies, Courion’s Dynamic Community™-based Provisioning empowers organizations to deliver transparent compliance, sustained efficiencies and improved business velocity, by effectively adapting to and leveraging their changing business operations, technology infrastructure and organization. Over 265 enterprise customers worldwide including 60 of the FORTUNE 500 utilize Courion's Enterprise Provisioning Suite™ to securely automate routine, manual processes for user provisioning, password management, industry and regulatory compliance, profile management, and digital certificate management. For more information, contact Courion’s headquarters in Framingham, MA, USA at 508-879-8400 or visit www.courion.com.

Courion and AccountCourier are registered trademarks and AssetLink, Dynamic Communities and Enterprise Provisioning Suite are trademarks of Courion Corporation.