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Idera, Inc. Expands Global Footprint and Product Portfolio in 2017

Developer, database and testing tool acquisitions drive strong revenue growth and company expansion

HOUSTON-(BUSINESS WIRE)- January 31, 2018 09:00 AM Eastern Standard Time – Idera, Inc., ("IDERA") parent company of global B2B software productivity brands, today announced strong results in 2017, including nearly 8,500 new customers and revenue growth of more than 15 percent year over year. The company also completed three acquisitions to expand the product portfolio of its Database Tools, Developer Tools and Testing Tools businesses

2017 milestones included:

Looking ahead, Idera predicts 2018 will be a year in which IT professionals will have more choices and opportunities than ever before.

Addressing these market shifts requires a nimble company that can deliver new products and solutions faster than competitors. Idera’s proven ability to integrate acquisitions and continually release innovative new products will ensure a continued and important role in its customers’ success.

“2017 was truly a transformative year for Idera, with major acquisitions and significant product expansions that led the company to the next level of success,” said Idera, Inc. CFO Trey Chambers. “With silos breaking down and IT professionals continuing to extend their responsibilities across the technology ecosystem, Idera is well positioned for continued growth in 2018, and beyond.”

About Idera, Inc.

Idera, Inc. delivers B2B software productivity tools that enable technical users to do more with less, faster. Idera, Inc. brands span three divisions – Database Tools, Developer Tools, and Testing Tools – with products evangelized by millions of community members and more than 50,000 customers worldwide, including some of the world's largest healthcare, financial services, retail, and technology companies. To learn more, visit: ideracorp.com.

Contacts

FOLIO Communications Group, LLC
David Gibbs, 512-826-0754
david@foliocom.com

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