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Double-Take Posts Earnings

SOUTHBOROUGH, Mass. -- Double-Take Software, Inc. (NASDAQ: DBTK - News), a leading provider of recovery solutions, today announced its financial results for the fourth quarter and year ended December 31, 2006.

Total revenue for the quarter, which consists of software revenue and maintenance and professional services revenue, increased 61% to $19.1 million in the fourth quarter of 2006 from $11.8 million in the fourth quarter of 2005. Revenue for the fourth quarter of 2006 includes revenue from Double-Take EMEA for the entire quarter. Double-Take EMEA was acquired by the Company on May 24, 2006. (Formerly Sunbelt Systems Software S.A.S., Double-Take EMEA was Double-Take Software's near exclusive distributor in Europe.)

Software revenue increased 55% to $12.2 million in the fourth quarter of 2006 from $7.9 million in the fourth quarter of 2005. Maintenance and professional services revenue increased 74% to $6.9 million in the fourth quarter of 2006 from $3.9 million in the fourth quarter of 2005.

Operating expenses for the fourth quarter of 2006 increased 16% to $15.5 million from $13.3 million in the fourth quarter of 2005.

Double-Take Software Inc.