|By Marketwired .||
|May 11, 2014 07:00 PM EDT||
AUSTIN, TX and MANILA, PHILIPPINES -- (Marketwired) -- 05/11/14 -- SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software for more than 150,000 companies worldwide, announced today that it has established a new IT Shared Services location in Manila, Philippines, specifically Fort Bonifacio Global City, Taguig City. The expansion into this new market will enable SolarWinds to provide even stronger support for the company's global operations.
SolarWinds was established in 1998 and is celebrating its 15th anniversary this year. The company employs more than 1300 people worldwide and is headquartered in Austin, Texas with a number of additional North American sites. The company also has international locations in Ottawa, Canada; Singapore; Chennai, India; Cork, Ireland; Sydney, Australia; Utrecht, Netherlands and Brno, Czech Republic. Since listing on the New York Stock Exchange (NYSE) in 2009, the company has consistently achieved annual revenue growth rates exceeding 20% while maintaining strong profitability.
"We see tremendous opportunity for SolarWinds in this market, based on the level of talent we have encountered and the growth we have driven over the last few years. Our easy to use, powerful and affordable software combined with the evolving IT technology landscape give us a competitive advantage that few other IT management companies can match," said Kevin Thompson, President and CEO, SolarWinds. "Through the addition of the Philippines office, we expect to meaningfully expand our global operations and customer support, while also providing unique employment opportunities for the individuals in the Philippines. We view the opening of this site as a win-win."
The Fort Bonifacio site will be far more than a Business Process Outsourcing (BPO) site, which is typical of most operations in the area. SolarWinds Fort Bonifacio operation will support a wide range of business disciplines including IT Product Support, Sales, Finance, and Operations. The company plans to fill a number of positions, including IT support roles. Information regarding employment opportunities with SolarWinds is available at solarwinds.com/careers by clicking on location Philippines-Fort Bonifacio.
SolarWinds will host a grand opening event Monday, 12 May, 2014 from 9-11 am to introduce the company to the market. Several local dignitaries plan to attend the event, including Hon. Lani Cayetano, City Mayor of Taguig: Hon. Lilia B. De Lima Director General of the Philippine Economic Zone Authority; Executives from the IT and Business Processing Association of the Philippines; as well as several of SolarWinds partners.
SolarWinds' new office is located in Bonifacio Global City, Taguig City in the Ecotower, 32nd Street corner 9th Avenue.
For more information, visit the SolarWinds® website.
This press release contains "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our plans and expectations for our Manila operations and related employment opportunities. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as "will," "plans," "expects," or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, risks associated with international operations, our ability to manage growth effectively and such other risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2013 filed on February 14, 2014. All information provided in this release is as of the date hereof and SolarWinds undertakes no duty to update this information except as required by law.
SolarWinds (NYSE: SWI) provides powerful and affordable IT management software to customers worldwide from Fortune 500 enterprises to small businesses. In all of our market areas, our approach is consistent. We focus exclusively on IT Pros and strive to eliminate the complexity that they have been forced to accept from traditional enterprise software vendors. SolarWinds delivers on this commitment with unexpected simplicity through products that are easy to find, buy, use and maintain while providing the power to address any IT management problem on any scale. Our solutions are rooted in our deep connection to our user base, which interacts in our online community, thwack®, to solve problems, share technology and best practices, and directly participate in our product development process. Learn more today at http://www.solarwinds.com/
SolarWinds, SolarWinds & Design and thwack are registered trademarks of SolarWinds. All other company and product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.
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