Jun, 2001 : Merrill Lynch Names Micromuse to 'Tech Upstarts' List

📅 June 8, 2001 - Fault management and service assurance software firm Micromuse Inc. (micromuse.com) was named by financial management and advisory firm Merrill Lynch as one of 25 "tech upstart" companies that will set the pace for technology stocks over the next few years.

"We are pleased that Merrill Lynch has identified us as a company with overall strong growth potential," said Greg Brown, Micromuse's Chairman & CEO. "Our Netcool software suite is positioned to address the challenges facing both service providers and enterprises in managing prevalent new networking technologies and Next Generation OSS platforms."
Micromuse's Netcool software suite collects management data from more than 300 management environments and network devices, including voice, data and Internet. Fault data is rapidly processed and filtered by the Netcool ObjectServer(TM), an in-memory database. The Netcool suite helps operators to build views of service availability in realtime, helping them manage networks more efficiently. Because it is scalable and deploys rapidly, the Netcool suite helps service providers expand their networks as their markets grow.
Merrill Lynch said the companies selected were in focused, network-centric business sectors and were notable for their "disruptive technology" innovations. Other companies selected for the list include providers of eCommerce software, servers, and storage. Over time, Merrill Lynch expects each of these companies to become large-cap tech stocks.