This is a copy of the C2Net Press Release from 18 Jan 2000
OAKLAND, CA January 18, 2000--Increasing demand for Stronghold, the flagship product of leading secure web server software provider C2Net Software, Inc., allowed the company to increase 1999 revenues 46% to $3.25 million. Pretax earnings for the combined U.S. and European operations were $1.25 million, or $0.31 per share on a fully diluted basis.
According to the December 1999 Secure Server Survey published by E-Soft, Inc. (http://www.e-softinc.com/), C2Net's Stronghold is the global market leader with a 34.22% share of the secure web server market. The survey showed that Apache is second in market share with a 31.88% share, and Microsoft is third with a 20.04% share.
C2Net projects that year 2000 revenues should grow an additional 50%. Much of the revenue increase will be generated from new services and support options for Stronghold and new support offerings for the Apache-based web server market. C2Net Europe Limited is the publisher of the highly acclaimed newsletter Apache Week, (http://www.apacheweek.com/).
C2Net is a global provider of Stronghold secure web server software. C2Net products are developed through its international offshore development programs, allowing the company to offer 128-bit full-strength secure web server solutions to international customers without restrictions. Stronghold is available for more than 40 platforms, including several versions of Linux and most other common UNIX platforms. Additional information and free evaluation copies are available at http://www.c2.net/
