Endace provide IT network security systems which reduce CPU load and enable 100% of packets to be inspected.

The Endace Blurb:
Endace is the world leader in the acceleration of network security and analysis applications.

Endace products include cards and optimised platforms, which deliver:
100% capture of network traffic irrespective of line rate/packet size
Near-zero CPU loading during data transfer to host
Flexible, Hardware-based offload of software functions


Useful Links
Endace website
14 Nov 06 : Interim Results
10 Apr 07 : Major US Ninjaprobe Contract
13 Apr 07 : Trading Statement - results "significantly ahead of market expectations"
14 Apr 07 : Guardian Comment on Endace and broker target raise
19 Apr 07 : Endace CEO, Selwyn Pellet, on ASB Business television
24-26 Apr 07 : InfoSecurity Europe Exhibition - Endace whitepapers and info
1 May 07 : Yahoo/Computer Business Online - Endace Plans App Modules for NinjaProbe
15 May 07 : Ninjaprobe 40GB/s Product Launch
16 May 07 : Agreement With Verint Systems
22 May 07 : Final Results
22 May 07 : Appointment of Chairman and CEO
22 May 07 : ZDnet Distruptive Technologies Blogger's Video on Endace
11 June 07 : Endace bosses sell large number of shares
29 June 07 : New Endace CEO, Mike Riley, interview on WallStreetReporter.com

Upcoming Events
none to report at present

Endace Limited
15 May 2007


FOR IMMEDIATE RELEASE 15 May 2007

ENDACE LIMITED

WORLD'S FIRST 40 GIGABIT MONITORING APPLIANCE
JOINS ENDACE NINJAPROBE FAMILY

Newest NinjaProbe appliance enables carriers to
analyse every packet traversing OC768 links

Endace Limited ('Endace'; LSE/AIM: EDA), a world leader in network monitoring
solutions, today announced the NinjaProbe 40G1, the first monitoring platform to
support next-generation network links using transmission rates up to 40 Gigabits
per second (40 Gbps).

The announcement of the NinjaProbe family in March of this year introduced the
first application-independent monitoring infrastructure providing complete
coverage for networks up to 10 Gigabit. With the introduction of the NinjaProbe
40G1 the lossless traffic capture capability of the NinjaProbe appliance family
has now expanded to 40 Gbps.

'The NinjaProbe 40G1 is a pioneering product delivering core network monitoring
infrastructure to handle the highest speeds currently deployed in
telecommunication carrier networks,' says Mike Riley, VP of Worldwide Marketing
for Endace. 'The continuing expansion of the NinjaProbe family provides our
customers with the ability to choose how and where they will monitor their
networks with tools that keep pace with their transmission technologies.'

By deploying 40 Gbps, OC768 Synchronous Optical Networking (SONET) links at the
core, telecommunication carriers are scaling their network infrastructure to
support the increasing bandwidth demands of content-rich multimedia
applications. The NinjaProbe 40G1 passively captures all traffic at 40 Gbps with
the ability to distribute all or selected portions of the data flows, among
multiple 10 Gigabit NinjaProbe appliances. The extensive processing which Endace
equipment can apply to every packet in an OC768 link enables carriers to
analyse, store, and forward network data to other applications and equipment -
including legacy equipment that would otherwise be unable to examine 40 Gigabit
traffic.

Leveraging Endace Data Acquisition Generation (DAG) technology, NinjaProbe
appliances can be deployed for monitoring across the range of carrier network
topologies, providing lossless capture for complete network visibility. A common
secure management layer enables remote configuration and control of probe
deployments by multiple user groups. Carriers now have the flexibility to
implement numerous analysis solutions across their networks using the same
network monitoring infrastructure.

For more information about the NinjaProbe family please contact

sales@endace.com

http://www.investegate.co.uk/Article.aspx?id=200705160701516665W

Another RNS: - Agreement with Verint Systems

Final Results are due on Tuesday.

From the April trading statement:

The company anticipates reporting revenues in the range of US$16.5 - $17.0 million (2005/6: $11.0 million). Strong revenue growth and firm control of costs have resulted in a profit before foreign exchange gains and tax expected to be in the range of US$3.4 - $3.7 million (2005/6: $0.7 million).

The Board is working on detailed plans to take the company through its next major stage of development and growth; further details will be provided at the time of the final results announcement.

Final results show revenues at top end of trading statement plus profits slightly above top end estimate.

Financial highlights

Revenue increased 55% to $17.0m (2006: $11.0m).

Profit before tax and foreign exchange movements rose 356% to $3.74m
(2006: $0.82m).

Pre-tax profit was up 153% to $3.92m (2006: $1.55m).

Net cash at the year end was $3.5m (2006: $6.7m).

Operational highlights

The NinjaProbe appliance family was launched successfully.

US$2m NinjaProbe shipment to a leading US based telco.

Signed a technology licensing agreement with Sprint Nextel Corp (NYSE:
S), a world leader in communications services, for two of its network
traffic products.

Launched new Application & Channel Partner Programmes to drive sales
through software vendors and systems integrators.

Delivered 40 Gbps/OC768 monitoring solution to major US telco.

Board changes announced today: Selwyn Pellett to become non-executive
Chairman, John Scott to become Deputy Chairman and Mike Riley to become CEO.

Panmure Gordon has raised the Endace price target to 300p from 215p.

ZDnet video on Endace from disruptive technologies blogger:

http://blogs.zdnet.com/Berlind/?p=495

New brokers note distributed.

Up 16% today.

Make that 18% and counting....

Another article on Endace: Computer Business Review - Endace sees potential in time-stamping for trading floors

fantastic - well done valuemax for keeping the faith - I was very tempted to sell early on today but I found out somebody was very keen to buy this stock in large volumes - that can only mean one thing when the stock is thinly traded. Good also to see large buys going in late afternoon near high of the day.

How did you find out about the large buying, keepitreal?

Up a further 10% today. SP now doubled since this thread was started in April.

another excellent rise - my broker let me know about the keen buyers - I think they will have cooled a bit today after 2 days of significant gains

Endace have been doing the rounds with the analysts the past few days so I'm hopeful the buying interest will continue.

We may see a rise in selling though with the rising SP so I don't expect the 10%+ daily rises to continue. It'll find a balance somewhere, hopefully a bit further north of the present level.

I'd settle for just a nice 5% tomorrow :-)

The Express is reporting on a rumoured bid for Endace from Cisco.

http://www.moneyam.com/action/news/showArticle?id=1986403

Endace analysis and viewpoint from TMF user Marben

Well worth a read.

see you got your wish on todays rise with a very small pullback late afternoon - article you mention is very good and some of his forward projections are really quite astonishing - I too have sold some of my holding after sticking to my own rules but intend to keep the remainder which are effectively now free as a core holding. - keep up the good work valuemax

Yesterday's 5% comment was more in hope than expectation, but I'm not going to complain!

I did exactly the same as you today, keepitreal. Sold around half, kept the rest for long term. Not bad for a one month investment.

If only we hadn't sold half on Friday!

cant be too greedy I suppose - I tried buying some more today at 350 but price moved and I was too tight to buy at 355 - cant sell my holding now this stock is flying - I hear that Panmure may have increased price target again - anything on this?

I believe they have increased their target to 350p. SP well beyond that now.

From NewRatings.com:
LONDON, May 30 (newratings.com) - Analyst Nick James of Panmure Gordon maintains his "buy" rating on Endace (ticker: EDA). The target price has been raised from 300.0p to 350.0p.

In a research note published this morning, the analyst mentions that the company can take advantage of its technology edge to become a leading provider of network-monitoring solutions. Customer pull from tier-1 players has improved Endaces prospects and the companys transformation is likely to continue in FY08, the analyst says. Robust profitability would enable the company to fund its growth, Panmure Gordon adds.