Leading Network Performance Management Company Relocates Corporate Headquarters to Accommodate Growth

Newark, DE – October 28, 2010 – SevOne, the new leader in network performance management, today announced that it will be moving its corporate headquarters to Wilmington, DE, USA. SevOne is increasing its space by 250% and features improved data center facilities. The move will be complete by November 1, 2010.

SevOne has outgrown its current location and wanted to provide an office space that facilitates tighter team collaboration and to provide a better location to host visits from customers, partners, prospects, and remote associates from around the world. In addition, the significantly larger office space offers flexibility for future growth.  

“Moving our corporate headquarters to a larger location allows us to properly plan and manage the growth we are experiencing,” stated Mike Phelan, President and CEO of SevOne. “We are excited to give our employees a fresh and inspiring new environment. We expect a seamless transition since we heavily leverage cloud-based applications to run our business, which we closely monitor via our own SevOne Performance Appliance Solution.”

“SevOne is one of the most exciting companies in the Osage Venture Partners’ portfolio.  We are very pleased with the company’s success and momentum in the network performance management market. The company’s expansion into a larger office underscores its growth and allows for future expansion as the demand for its product suite continues,” stated Robert Adelson, managing partner at Osage Venture Partners.  

The new contact information for SevOne is as follows:
4550 New Linden Hill Road
Suite 300
Wilmington, DE 19808
Phone:  +1-302-319-5400
 

About SevOne
SevOne, Inc. provides a distributed network performance management solution that delivers the fastest, most scalable, and comprehensive real-time monitoring, troubleshooting and performance reporting solution to ensure application performance and reliability. The SevOne Performance Appliance Solution (SevOne PAS^TM) enables enterprises, cloud and service providers, and government organizations to keep increasingly complex networks, servers and applications functioning at peak performance levels. The SevOne solution is capable of monitoring millions of IT elements and flows, providing IT operations teams with the most accurate and timely data available to ensure enterprise-wide performance and reliability for business applications. Visit http://www.sevone.com.   


SevOne contact:
Gina Karr
SevOne Inc.
gkarr@sevone.com
+1 (302) 319-5400