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NETSCOUT Systems Ranks Among 100 Best Internet Stocks to Own; Selection Demonstrates Position as Premier Provider of e-Business Infrastructure Management Solutions

June 07, 2000
WESTFORD, Mass.--(BUSINESS WIRE)--June 7, 2000--NetScout(R) Systems, Inc. (NASDAQ:NTCT), a global provider of business-critical network and application performance management solutions, was named one of the 100 best Internet stocks to own in a new book written by financial analyst Gene Walden.

Walden's book, 'The 100 Best Internet Stocks to Own for the Long Run - Investing in the Internet Economy and the Companies that Make it Click,' rates the market's top Internet stocks based on five distinct criteria: Earnings Progression, Revenue Growth, Stock Growth, Consistency, and Scalability/Vulnerability. NetScout ranked number 45 on the overall list.

This ranking comes on the heels of NetScout's newly announced nGenius(TM) performance management system, which ensures maximum network and application uptime and availability for e-Business. nGenius was announced in March as part of NetScout's strategy to aggressively expand into e-Business markets. With the nGenius solution, users can conduct a wide range of network performance analysis, including monitoring Web site responsiveness and isolating problem areas such as network or server slow-downs in the back office.

"NetScout continues to be cited among the top companies to watch -with a powerful technology vision, cutting-edge product leadership, and robust financial strength," said Anil Singhal, chairman and chief executive officer, NetScout Systems, Inc. "We are delighted by this newest ranking alongside other market leaders such as Lycos and AOL and we are committed to doing even better in the future. We have an aggressive plan to improve our performance with the nGenius product line, expanded distribution and other actions aimed at driving top and bottom line growth."

About NetScout Systems, Inc.

NetScout Systems, Inc. (NASDAQ:NTCT) is a leading provider of networked application performance management solutions. NetScout's solutions ensure e-business applications stay up and running at optimum performance through real-time, system-wide visibility and actionable information for fault isolation. NetScout's products are deployed worldwide in industries such as e-commerce, finance, healthcare, government, manufacturing and others. NetScout serves approximately half of the Fortune 500 and counts among its customers 3M Corporation, AT&T, Goldman Sachs & Co., Datek Online, Bristol-Myers Squibb, Amazon.com, Webhire, Intel Online, Fidelity Investments, Xerox and Sun Microsystems.

NetScout's unique Application Flow Management (AFM) technology collects and presents the rich set of application and Web traffic information via NetScout's application-aware instrumentation and reporting and analysis software. Headquartered in Westford, Massachusetts, NetScout has approximately 250 employees and offices in North America, Europe and Asia. Further information on the company is available on the World Wide Web at www.netscout.com

Forward-looking statements in this release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release which are not strictly historical statements constitute forward-looking statements which involve risks and uncertainties. Actual results could differ materially from the forward-looking statements. Risks and uncertainties which could cause actual results to differ include, without limitation, risks and uncertainties associated with the company's strategic relationships with Cisco Systems and other partners, dependence upon broad-based acceptance of the company's Application Flow Management solutions, introduction and market acceptance of new products and product enhancements, competitive pricing pressures, reliance on sole source suppliers, successful expansion and management of the indirect distribution channels, and dependence on proprietary technology, as well as risks of downturns in economic conditions generally and in the market for network and application performance management solutions specifically, and risks associated with year 2000 problems affecting the company, its partners and its customers. For a more detailed description of the risk factors associated with the company, please refer to the company's prospectus dated August 12, 1999 and the Quarterly Report on Form 10-Q for the quarter ended September 30, 1999, on file with the Securities and Exchange Commission.

NetScout is a registered trademark, and the NetScout logo, WebCast, AppScout, and NetScout Manager Plus are trademarks of NetScout Systems, Inc.
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