View all news

NETSCOUT Systems Named to Boston Globe 100 List; Eighteenth-Annual Listing Ranks NetScout among Top-Performing Public Companies Based in Massachusetts

May 17, 2006

WESTFORD, Mass.--(BUSINESS WIRE)--May 17, 2006--NetScout Systems, Inc. (NASDAQ: NTCT), a leading provider of network and application performance management solutions, has been named to the "Globe 100" list of top performing public companies in Massachusetts. Boston Globe Business Editor Caleb Solomon announced the list yesterday.

Based on a composite score derived from financial data for the four quarters ending December 31, 2005, NetScout was ranked 66th among Mass.-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange.

"The companies in the Globe 100 represent the brightest lights of the Massachusetts economy," said Solomon. "This year's top 10 Globe 100 companies span a variety of industries - Internet and communications technologies, defense contracting and technology, biotech, life sciences, and financial services. This diversity is key to the strength of the region in the ever-changing and competitive global economy."

The Globe 100, now in its 18th year, ranks Mass.-based public companies based on financial data from the four quarters ending closest to December 31, 2005, and for corresponding quarters a year earlier. To qualify for the Globe 100, a company must have been public for the entire 2005 calendar year and have reported a positive net income for both 2004 and 2005.

"The Boston Globe's recognition of NetScout is a testament to our revenue growth and increasing profit margins, driven by the strong demand for our solutions, our product leadership position in both enterprise and wireless carrier markets, and our solid execution," said David Sommers, chief financial officer and senior vice president of general operations at NetScout. "We are focused on maintaining that momentum and continuing to grow earnings per share to create higher shareholder value."

About NetScout Systems

NetScout Systems, Inc. (NASDAQ: NTCT) is a market leader and pioneer of integrated application and network performance management products and solutions that help IT organizations assure critical business services across the enterprise. More than 3000 leading companies and government organizations worldwide have deployed NetScout's nGenius(R) Performance Management System to increase their return on infrastructure investments by optimizing the performance of networks and applications according to business priorities. NetScout is headquartered in Westford, Massachusetts and has offices worldwide. Further information is available at http://www.netscout.com.

About the Boston Globe

The Boston Globe is part of The New York Times Company (NYSE: NYT), a leading media company with 2005 revenues of $3.4 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, nine network-affiliated television stations, two New York City radio stations and 35 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

NetScout and the NetScout logo, nGenius, and Quantiva are registered trademarks of NetScout Systems, Inc. The CDM logo, MasterCare and the MasterCare logo, Progressive Analytics, and Analytic Domain, are trademarks of NetScout Systems, Inc. Other brands, product names and trademarks are property of their respective owners. NetScout reserves the right, at its sole discretion, to make changes at any time in its technical information and specifications, and service and support programs.

    CONTACT: NetScout Systems, Inc.
             Dylan Locsin, 978-614-4113
             locsind@netscout.com
             http://www.netscout.com
             or
             Davies Murphy Group, Inc.
             Brian Alberti, 781-418-2403
             netscout@daviesmurphy.com

    SOURCE: NetScout Systems, Inc.
Categories: Press Releases
View all news