The Company is a provider of email defense products to enterprise customers and OEM distribution partners, including real-time anti-spam, virus outbreak detection and IP reputation solutions.
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ProductsAntivirusCommtouch’s Command antivirus solutions are based on the award winning products acquired from Authentium in September 2010. Command has been successfully defending against malware for over 20 years. The Command antivirus solutions can be deployed as part of Commtouch’s complete security suite for messaging or Web.Messaging SecurityCommtouch real-time, fully-automated messaging security solutions are based on Recurrent Pattern Detection (RPD™) and GlobalView™ technologies to block spam, phishing and malware, enabling service providers and security vendors to reduce costs, attract new customers and enhance their competitive offerings.Commtouch global detection centers analyze more than two billion Internet transactions per day, providing visibility into network traffic in every location around the world.Web SecurityThe vast size of the Internet coupled with the unique browsing habits of individual customers created the need to move the traditional URL database “into the cloud,” overcoming local storage limitations and providing customers with information tailored to meet their specific needs. Commtouch global detection centers analyze more than two billion Internet transactions per day, providing visibility into network traffic in every location around the world. Recent ResultsEarlier this month, CTCH announced its fourth quarter and full year results, for the period ending December 31, 2010.During 2010, the company acquired the antivirus business of Command, signed new customers and expanded its engagements with existing ones for its broadened security suite. The company also surpassed its growth objective with a 20% increase in revenues, and achieved a 32% increase in net income. These strong business indicators at the end of 2010 underlie management’s expectations ofcontinued long-term performance and growth.Some Highlights:Revenues for 2010 increased by 20% to $18,161 thousand, compared to $15,189 thousand in 2009. Revenues for the fourth quarter of 2010 increased by 34% to $5,377 thousand, compared to $4,014 thousand in the fourth quarter of 2009.Non-GAAP net income for 2010 increased by 32% to $5,405 thousand, compared to $4,101 thousand in 2009. Non-GAAP net income for the fourth quarter of 2010 increased by 29% to $1,430 thousand, compared to $1,111 thousand for the fourth quarter of 2009.During the fourth quarter, the company completed the execution of its 2010 share buy-back program. As of December 31, 2010, the company had expended a total of $3,820 thousand for the repurchase of 1.03 million ordinary shares at an average price of $3.71 per share.