We are already well into 2008, but I wanted to take a moment to reflect on 2007. It was a phenomenal year for Black Duck Software.
Black Duck now has more than 575 customers, including a new customer list that includes NEC, Citrix, IONA Technologies, Lehman Brothers and QNX. We saw dramatic success internationally, with 93 percent year-over-year growth. In 2007, we established our international headquarters in Amsterdam, inked a reseller agreement with NEC in Japan, and helped our customers successfully navigate the introduction of GPLv3 (it helped that our executives were active on the committees that wrote the new license).
I want to personally thank Black Duck's employees and management team, whose commitment helped to make 2007 the successful year that it was. It is clear that we are providing a set of solutions that provides significant return for our customers, and I look forward to continuing to work with them in 2008.
For more details, see our press release online.