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IntraLinks Shows Record Growth for 2006
Revenue up 57 percent as company broadens customer base and
forms new partnerships
New York and London
February 26, 2007
IntraLinks, Inc., the leading provider of workspaces
for secure document exchange, announced today that its revenue grew
by 57 percent in 2006, rising to $86.5 million dollars from $55
million dollars in 2005. The company achieved equally impressive
growth in margins and profitability in 2006. Further, IntraLinks’ annualized
fourth quarter 2006 revenue exceeded $100 million, demonstrating
continued strong momentum as the year progressed. The company attributes
its growth to increased penetration of existing markets and new
adoption of its service among corporations. IntraLinks ended the
year with more than 600,000 users worldwide, representing more than
50,000 organizations in 190 countries.
These results cap off a year
in which IntraLinks signed several significant partnerships and
was recognized by industry organizations.
IntraLinks was selected
as the preferred provider of virtual dealroom services by several
leading investment banks, including JP Morgan,
Goldsmith Agio Helms and William Blair. The company also launched
a service in Japan with new partner iSi-Dentsu. Burgeoning demand
for online workspaces worldwide led to new offices opening in
Frankfurt, Hong Kong, Paris and Chicago.
In addition, IntraLinks
expanded its global partner network through new relationships
with Doxis in the Netherlands, Intellecta in Scandinavia,
Ince in South Africa and Planet Associados in South America. These
partnerships will help deliver its On-Demand Workspaces™ in
those markets. IntraLinks also renewed and expanded its global
relationship with leading financial printer RR Donnelley.
Signalling
its continued commitment to the financial services industry,
IntraLinks was named to the FinTech 100 in November 2006. The FinTech
100 is a ranking of top global technology and service providers
conducted by American Banker magazine and Financial Insights, a
research company owned and operated by IDC. IntraLinks was also
named “Company for the 21st Century” by Financial News
in October 2006. Financial News recognized 21 leading-edge technology
firms with the potential to shape the industry landscape in the
new millennium.
“Our sustained growth, growing profitability, industry recognition
and ever-expanding roster of partners and clients underscore IntraLinks’ tremendous
achievements over the past few years,” said Patrick Wack,
president and chief executive officer of IntraLinks, Inc. “As
we prepare to celebrate our 10th anniversary, we look forward to
IntraLinks further solidifying its position as the de facto standard
for companies that need to share critical business information securely
with external parties.”
About IntraLinks
IntraLinks® On-Demand Workspaces™ connect business communities
and accelerate the intelligent flow of information and documents
among participants. Through IntraLinks' secure, neutral, online
environments, companies are better able to compete globally by
accelerating essential business processes, simplifying communication
and fostering
rapid workflow. IntraLinks is easily accessible anywhere, anytime
using a web browser.
Since 1997, more than 600,000 participants
representing over 50,000 organizations worldwide have used IntraLinks
On-Demand Workspaces™ to
communicate and collaborate on thousands of projects and transactions.
IntraLinks has been adopted widely in the financial services and
pharmaceutical industries, where its clients include AstraZeneca
Pharmaceuticals LP, Bank of America, Bear Stearns, Deutsche Bank,
FDIC, TD Securities, Thomas Weisel Partners and WestLB, among hundreds
of others. Founded in 1996, IntraLinks is headquartered in New York
with offices around the world.
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