Cyco Software Reports Strong Growth in 2006
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RIJSWIJK, THE NETHERLANDS - July 13, 2006 - Cyco Software, a leading provider of Engineering Data Management (EDM) solutions, said it swung to strong profitability in the first half year of 2006, as new license and subscription revenues grew strongly and overall revenue jumped 25.6 percent compared to the same period in 2005. The company is on track to surpass its financial goals for the year.
Sales revenues for the first two quarters rose to the highest level in ten years across all sales regions, including Europe, North America and South America.
Martijn Janmaat, Cyco Software CEO, explains that the company's mission of taking EDM to the enterprise by providing best-of-class software solutions in specific target markets has been well received by both clients and resellers. "Our focus on the needs of our clients is showing results both in product development and our international sales efforts," Janmaat said. "Our growing involvement in large implementations is driving our growth and enables us to develop solutions according to the needs and requirements of our end-users.
About Cyco Software
Cyco Software provides Engineering Data Management (EDM) and Application Integration solutions for multiple vertical industries, including process manufacturing, utilities, government, food & drugs, oil & gas,(petro) chemical and telecommunications. Cyco Software has almost two decades of industry experience with 275,000 users in 50+ countries worldwide. The company has offices in the USA, UK, Russia, Germany, and The Netherlands and an extensive global network of established partners.
Cyco Software ensures a high level of service and support on a truly worldwide scale for its leading software solutions Cyco AutoManager Meridian and Cyco AutoManager TeamWork. For more information, please visit www.cyco.com, or call (800) 323-2926 ext 111 (Americas) or
+31 (0) 70 413-3700 (Europe).
Cyco Software, Cyco and AutoManager are registered trademarks of Cyco Software BV. other brand names, product names, or trademarks belong to their respective holders. (c) 2006 Cyco Software, Inc. All rights reserved.
