IneoQuest Technologies Celebrates Four Consecutive Record Sales Quarters

MANSFIELD, Mass.--(BUSINESS WIRE)--IneoQuest Technologies, the global leader in video quality and service assurance, today announced an impressive year of global growth highlighted by four consecutive record sales quarters, new executive hires, new customer additions across the globe, geographical expansion and industry recognition. With its best year in company history, IneoQuest has proven its ability to meet the growing demand for video quality and service assurance solutions stemming from the explosive growth of the video industry with the rising consumption of Internet and mobile video. Since IneoQuest helps video providers through all methods of delivery keep up with this change, the company has recently seen a dramatic rise in the adoption of its video solutions worldwide.

“This is a very exciting time to be at IneoQuest and witness the company’s incredible global growth”

“The industry’s focus is shifting from expanding online video selections to generating incremental revenue, and with that shift expectations for online video quality are on the rise,” said Ian Olgeirson, senior analyst with SNL Kagan. “As operators pursue new revenue models and work to monetize TV Everywhere and other over-the-top offerings, quality and service assurance becomes an increasingly crucial element.”

“This is a very exciting time to be at IneoQuest and witness the company’s incredible global growth,” said Calvin Harrison, COO of IneoQuest. “We have exceeded our goals for each quarter of our fiscal year. With the combination of award-winning solutions and seasoned executive team additions, we look forward to leading the industry by providing advanced video solutions to help our customers adapt to this rapidly changing market. We continue to have high demand for our linear broadcast solutions, while exceeding company goals for sales into the adaptive streaming video market, where we have the only end to end deployable solution.”

To meet global industry needs for its comprehensive video service assurance solutions, in the past year IneoQuest has welcomed Rick Ford, JD Doyle and Eric Norton to its executive team. Rick Ford, the company’s Senior Vice President of World-Wide Sales, is a highly accomplished global telecommunications business leader who has a demonstrated track record of exceeding revenue and strategic objectives. As the Vice President of Engineering, JD Doyle brings extensive experience leading large engineering organizations and delivering innovative products for the service provider and enterprise markets. Most recently, IneoQuest welcomed seasoned industry veteran Eric Norton as its new Vice President of Marketing and Product Management. Eric Norton brings over 25 years of experience in high technology marketing and the ability to maximize the effectiveness of Go-To-Market planning and execution. The arrival of these talented individuals highlights IneoQuest’s commitment to deliver high-quality video assurance products around the world.

In addition to delivering high-quality video service assurance solutions to the world’s top service and content providers, IneoQuest recently received the impressive nationwide distinctions of being recognized on both the Inc. 500/5000 list and Deloitte’s Technology Fast 500™ list for the sixth consecutive year.

Throughout 2012, IneoQuest’s leading edge OTT video service assurance solutions and products have received several notable awards, including TMC’s Communications Solutions Product of the Year for Expedus ASM and the Golden Bridge Award for Telecom, Cable, Broadband and Voice. In addition, three of IneoQuest’s video service and quality assurance products, iVMS 5, iVMS ASM and cPAR, were recognized by Broadband Technology Report’s 2012 Diamond Technology Reviews for receiving three or more diamonds.

About IneoQuest Technologies

With deployments in over 500 video networks around the world including 19 of the top 20 North American video service providers, IneoQuest is the market leader in Video Service Assurance. The company offers a unified business solution for traditional broadcast and multiscreen video services, including end-to-end network monitoring and business intelligence, aimed at improving the quality and delivery of video, so companies can enhance the customer experience. Clients include service providers, broadcasters, content providers, government, and enterprises. For more information, visit www.ineoquest.com.