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StrikeIron Announces Record Growth as the Need for Quality Business Data Increases in the Enterprise

Over 1000 customers drive three-fold growth in revenue over first three quarters of 2006

Research Triangle Park, NC – October 2, 2007 – StrikeIron Inc., today announced it continues to experience record growth in the second and third quarters of 2007. As the first company to deliver Data as a Service (DaaS), StrikeIron provides business users, application developers and enterprise IT professionals with real-time access to the quality data needed for building applications, mashups, widgets, Web sites and SOA initiatives.

Since the beginning of 2007, the company has added more than 575 new customers, doubling its total customer base to over 1,000 and grown revenues 350 percent compared to the same period in 2006.

StrikeIron’s innovative Web Services Marketplace provides a technology platform, micro-transaction management and a consistent interface across many XML-based Web services from multiple, diverse sources. StrikeIron delivers a broad reach of benefits across multiple audiences

Recent Milestones

  • Addition of eight new data services to the StrikeIron Web Services Marketplace:
    • Midnight Trader Financial News - provides on demand access to a wide array of real-time and historical stock news, research and historical event reaction information related to the U.S. stock market.
    • OptionsOnTrack Historic Stock Option Data - lets users enter a date, or date range, and an option symbol and instantly receive end-of-day data on last, bid, ask volume and open interest.
    • StrikeIron Business Data Append - Based on a company name and address, this service appends additional company information such as the main company contact, industry, number of employees, branch indicator, stock ticker symbol, Standard Industrial Classification (SIC) code and more.
    • StrikeIron Reverse Phone Business Intel - Based on a business phone number, this Web service appends company information such as contact information, industry, location, employees, branch indicator, stock ticker symbol, SIC and more.
    • StrikeIron Reverse Phone Residential Intel - Based on a residential phone number, this service appends personal information such as name, address, head of household, dwelling type, length of residency, homeowner probability, and more.
    • D&B Business Prospect with Linkage - Gives basic business prospect information, including DUNS Number, Address, Telephone Number, CEO Name, Line Of Business, SIC Code, Year Started, Annual Sales, Number of Employees, Business Structure, and Corporate Family Relationships.
  • Creation of seven widgets available on IBM’s Mashup Hub, the alphaWorks Web 2.0 content repository server and feed generator (http://services.alphaworks.ibm.com/mashuphub/). In addition, StrikeIron has given access to 100 StrikeIron business data services through IBM’s QEDWiki.
  • Integration of 100 StrikeIron business data services into the IBM SOA Business Catalog.
  • Creation of StrikeIron application programming interface (API) for ZEND Framework, a high-quality, open-source framework for developing web applications and web services.

StrikeIron Benefits Multiple Audiences

Business Users: providing fast, frictionless access to critical data needed to make informed decisions.

Enterprise IT Professionals: enabling the last mile of SOA through offering a platform to distribute, meter, track, report and measure internal/external Web services.

Application Developers: delivering easy access to a growling library of Web services enabling them to focus on innovation rather than infrastructure.

Data Partners: providing a channel to new markets and a new means of delivery of critical data.

Channel Partners: providing the valuable data needed to enhance existing applications.

“StrikeIron is experiencing an exceptional wave of success right now thanks to the ongoing adoption of SOA and Web 2.0 technologies across enterprises. The benefits of eliminating the infrastructure behind storing and maintaining data internally when it’s available in real-time externally are enormous,” said Bob Brauer, CEO and President of StrikeIron. “It’s apparent that customers are responding positively to the new data services and data access products that StrikeIron is delivering and we’re excited to build on this early success throughout 2007 and 2008.”

About StrikeIron

StrikeIron is the leader in providing innovative solutions for delivering data over the emerging Internet. The company’s innovative Web Services Marketplace provides a technology platform, micro-transaction management and a consistent interface across many XML-based Web services from multiple, diverse sources. This allows business users, application developers and enterprise IT professionals to customize and integrate external data sources and additional external functionality into enterprise, Web, and composite applications. Currently, StrikeIron provides over 100 live data sources and business functions from organizations such as Cortera, D&B, Gale, MapQuest, Midnight Trader, Tax Data Systems, The Sports Network, and Zacks.

StrikeIron also offers IronCloud™, the only comprehensive Web services delivery platform that opens up new channels for data distribution and consumption through Web Services. Enterprises of all sizes can now reduce the cost and complexity of managing the challenges of data distribution which include leveraging an existing external hardware and software architecture, controlling and metering access and usage, external monitoring for 24x7 reliability, full usage analytics, as well as multiple authentication scenarios and instead concentrate their focus on making information easier for partners, customers, and distributed business units to access and use. StrikeIron delivers value to over 1,500 customers and partners such as Avaya, BEA, Delivery.com, IBM, Honda Europe, D&B, Siemens, Nike, Swarovski, ShoeBuy, and Exclusive Resorts. For more information, visit www.strikeiron.com.

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Media Contacts:  
Jane Foreman
StrikeIron, Inc.
(919) 467-4545 x112
jane.foreman@strikeiron.com
Kristi Lee
Crossroads Public Relations 
(919) 270-8054
klee@crossroadspr.com
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