Apriso Achieves Record Revenue in First Quarter 2011Total quarterly revenue more than doubles on year-over-year basisLONG BEACH, CA – May 5, 2011 – Apriso, a leading provider of manufacturing software solutions, today announced record revenue achievement for the First Quarter 2011. The Company achieved total revenue growth of 132 percent on a year-over-year basis. Total revenue growth was driven by significant software license orders from consumer goods, industrial equipment and packaging manufacturers. “The need for global manufacturing operations management solutions continues to grow as manufacturers come to understand the significant operational efficiencies that can be achieved when viewing, managing and continuously improving operations on an enterprise-wide basis,” stated Jim Henderson, president and CEO of Apriso. “Our dramatic growth in the first quarter was driven by large scale roll-outs, demonstrating the value Apriso provides these manufacturers. Our consistent growth over the last few years validates our strategy to focus on delivering our best-in-class global manufacturing excellence solutions.” Customer Activity Large scale deployments by new and existing customers in the consumer goods (CG), packaging and industrial equipment industries drove first quarter revenues.
In the quarter, BAT Mexico presented their use of FlexNet’s “track and trace” capabilities, as part of their Anti-Counterfeiting and Smuggling strategy, at the ARC World Industry Forum in Orlando, Florida.Over 50 customers had active Apriso professional services’ engagements during the first quarter to support their FlexNet roll-outs. In addition, partner professional services activity has accelerated to meet the growing global demand for FlexNet. A total of four new customer sites went live in Japan, Russia, France and Brazil in the first quarter of 2011. Product Updates In January, Apriso announced expanded paperless manufacturing capabilities for Aerospace & Defense manufacturers with FlexNet 9.5, which now includes advanced electronic data capture to help reduce costs, increase agility and simplify integration to ERP, PLM and other enterprise applications. These product enhancements are ideally suited to the aerospace and defense industry, helping the company to successfully expand in first quarter of 2011 within this industry segment. Partners As part of the company’s strategic focus to simplify integration to third party enterprise applications such as PLM and ERP, the Company announced it joined PTC’s PartnerAdvantage™ Program. Apriso’s FlexNet Manufacturing Execution System will integrate with PTC’s Windchill® manufacturing process management technologies to streamline manufacturing engineering and process management for its discrete manufacturing customers. Apriso is scheduled to be a featured platinum vendor at PlanetPTC in Las Vegas in June, PTC’s next worldwide user group event.
About Apriso
Apriso and FlexNet are registered trademarks of Apriso Corporation. All other trademarks and registered trademarks are the property of their respective owners.
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