Site Confidence, the UK's market leader in website performance monitoring and load testing, has achieved record year on year sales growth for its half year financial results to September 30, 2005.

Sales booked grew by 31 per cent over the same period last year and by 64 per cent over quarter one. In an increasingly competitive market Renewals remained strong with existing customers confirming their satisfaction with the Company's products and services by trading up and investing more in their performance monitoring services. New Business continues to grow strongly and the Company won its biggest ever six figure contract in September from one of the UK's leading financial services organisations. Site Confidence now provides website monitoring across all industry sectors underlining its dominance of the UK market.

During quarter two the Company became profitable for the first time. Through effective cash management, reflecting the Company's continued determination to keep a tight control of operating costs, it was also free cash flow positive.

The Company continued to invest in its technical infrastructure both in order to gear up for the launch of its new load testing service and to support the growth of its monitoring business. Site Confidence now monitors more than five million web pages each week, performing 735,000 individual tests per day.

In line with its strategy of growing aggressively Site Confidence introduced a load testing service during September. Initial customer reaction has been very positive and the Company is confident that this service will quickly become a major generator of new sales revenue. This externally hosted managed service has been designed to give customers the control that research showed they wanted. The service is online, so operating costs are reduced and efficiencies are improved. Customers using this service include the National Grid, CIMA and HolidayAutos. Site Confidence believes that its approach to load testing will revolutionise the UK market and has, therefore, applied for a number of patents relating to the service.

Bill Kirkwood, CEO of Site Confidence said, " This has been our most successful quarter to date. Our sales revenues are growing in line with our expectations and the quality and reputation of our products and services continue to delight our customers. We launched our new load testing service successfully in September - on time and under budget - and I am delighted with the reaction we have had so far. It is early days but I have no doubts that this service will help us improve the online business performance of UK companies. New customers are attracted by our ability to help them protect and grow their online revenue so I am looking forward to a strong performance in quarter three."

ENDS

More on Site Confidence

Site Confidence was established in May 2001 and provides a range of performance monitoring and load testing services to companies whose website is critical to business success. Customers include household names such as First Choice, the National Grid, Channel Four, lastminute.com and Norwich Union. More than £4.3 billion in online revenue is protected by Site Confidence and five million pages are monitored and reported on every week. Based in Dorking, Surrey our staff have an unrivalled product and industry knowledge.

Contact Alison Kirkwood on 07811 19 43 05 for more information or visit www.siteconfidence.co.uk

Published on: 12:00AM on 17th November 2005