|
For Immediate Release
Editorial Contact:
Julie O'Grady
O'Grady Communications, LLC
650-269-9989
julie@ogradycommunications.com
IQMS CELEBRATES 25% REVENUE INCREASE
FOR 2005
Paso Robles, California, January 30, 2006
- IQMS, a leader in the design and development of Enterprise Resource
Planning (ERP) software, today announced that the company experienced
record breaking growth throughout 2005 to end the year with a 25%
revenue gain. This increase follows the company's 20% revenue growth
from 2004 and a 15% increase in 2003. Overall momentum for 2005
was driven in part by a 30% increase in new licensing to companies
such as Hy-Ten Plastics in Milford, NH, KI Industries Inc., in Berkeley,
IL., and Glazpart Limited, in Oxfordshire, UK.
With over 25% of annual growth in 2004 coming from
outside the U.S., IQMS expanded its international reach and service
in 2005 with the launch of IQMS Europe in September and the formation
of IQMS Asia in February. The company is now well positioned to
gain future growth through software sales, implementation and service
to manufacturing customers worldwide.
IQMS enhanced its already comprehensive enterprise
software solution, EnterpriseIQ, in 2005 to include hundreds of
new features and expanded functionality. With EnterpriseIQ, companies
like ISGO Plasticos, a Monterrey, Mexico-based plastic molder serving
the industrial, automotive and housewares industries, have the strategic
capabilities and real-time functionality necessary to drive profitable
manufacturing businesses.
"IQMS has achieved double-digit growth for the
last eight years, and now boasts extended relationships with 98%
of its existing customer base," said Randy Flamm, president
and founder of IQMS. "This new and repeat business speaks for
itself: IQMS is not only committed to its own business, but to helping
its customers' businesses achieve ever greater operational efficiencies
and profitability as well."
About IQMS
Since 1989, IQMS has been a pioneer in the design and development
of ERP software for repetitive, process and discrete manufacturing
industries. Today, IQMS provides leading real-time manufacturing,
accounting, production monitoring, quality control, supply chain,
CRM and eBusiness solutions to the automotive, medical, packaging,
consumer goods and other manufacturing markets. The only complete,
single-source enterprise software solution, EnterpriseIQ offers
real-time front office, accounting, manufacturing and supply chain
management in a single database. With offices across North America,
Europe and Asia, IQMS serves manufacturers around the world.
###
IQMS and EnterpriseIQ are trademarks of IQMS. All
other brand and product names are the trademarks of their respective
companies.
|