Antivirus News

Millburn, N.J., 5th December 2006 - GRISOFT, the developer of AVG security software, today celebrates 15 years of innovation since its launch in 1991. During this time, GRISOFT grew from a regional company to a global Internet security leader. According to recent surveys, AVG is the fourth, most well-known brand in computer security. For the consumer and SMB markets, GRISOFT’s estimated market share is about 50 %.
“The success of the company has been driven by quality products connected to great services like regular updates, improved versions and free technical support,” said Larry Bridwell, Global Security Strategist of GRISOFT. “Our customers have provided us with invaluable product feedback and a lot of our sales are generated via their word of mouth. We’ve responded to our customers by offering them two-year licensing and very competitive prices as well as continuing to grow our product portfolio.”
The AVG Free Edition and all-inclusive suite AVG Internet Security, which protects users against all common Internet risks like viruses, spyware, spam and hacker attacks, has helped raise awareness of the AVG product line. AVG Anti-Virus is the flagship product of GRISOFT’s portfolio and is installed on more than 40 million PCs globally.
GRISOFT’s strong growth is illustrated by its increased sales and revenue. In 1992, GRISOFT’s revenue was $105,000 and thirteen years later it was $19.8 million. In 2006, the GRISOFT group expects worldwide revenue of $40 million. In the last two years, the number of employees has grown to now include 200 software engineers, support specialists and back office workers.
The company is preparing for expansion into new markets and strengthening its position in North America and EU countries. Continued success in the North American market will be important for the future growth of GRISOFT as this market represents half of the $4,5 billion global security market.
“We started only with AVG (Anti-Virus Guard) in 1992 and now have grown the portfolio to include several new security products as well as an all-inclusive Internet Security program,” said Tomáš Hofer, Sales Director and co-founder of GRISOFT. “With our first product, viruses were considered exotic, spreading almost exclusively on floppy disks. Because of their rarity in PC security, only tools to fight specific viruses were developed,” adds Hofer.

For more detailed information please contact:
Fran Bosecker
PR@vantage for GRISOFT
(845) 536-1416
fbosecker@pr-vantage.comJim Gildea
North American Marketing
Grisoft, Inc.
(973) 218-0688
jgildea@grisoft.com