FullTilt Announces Record Growth in 2006
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WAYNE, PA. (January 12, 2006) - FullTilt Solutions, Inc., a leading provider of enterprise Product Information Management (PIM) solutions, today announced record sales growth for the year ending December 31, 2006. Revenue increased 177% versus the same period in 2005 with 7 major new contract wins in the Industrial Products, Consumer Packaged Goods and Healthcare markets. The company also expanded into 3 new markets including the Automotive Aftermarket, Retail and Publishing industries.
The extraordinary revenue growth was fueled by demand for FullTilt's Perfect Product Suite(TM), the company's flagship enterprise Product Information Management solution and the growing need to address product centric Master Data Management (MDM) needs. Perfect Product Suite optimizes product centric business processes across internal operations and with external trading partners to enable E-commerce and more efficient supply chain management and trading partner collaboration.
"We are winning these contracts because of our recognized leadership in functionality, scalability, ease of use and speed of implementation - all offering the lowest total cost of ownership among current solutions in Product Information Management," said Tim Wallace, CEO, FullTilt Solutions. "Customers have recognized that addressing master data management within their product information is a key strategic initiative that enables them to achieve competitive advantage and profitable revenue growth."
Leading independent researchers are projecting strong growth in the deployment of Product information Management or Product Master Data Management projects for 2007.
"FullTilt wins against much larger competitors because of a unique metadata-driven data model that is core to FullTilt's approach to MDM and PIM and allows FullTilt to provide the same code set to all of our customers in a variety of industries. The current level of activity and growth are proof that we have a solution that can meet businesses requirements that are broad and deep," said Bob Moyer, FullTilt's President. "Perfect Product Suite is an out-of-the-box solution that can be installed and configured in weeks, as opposed to a toolkit or a framework that requires lengthy implementation costs."
About FullTilt Solutions
FullTilt Solutions, Wayne, Pa., is a leading provider of enterprise Product Information Management (PIM) solutions. FullTilt focuses on providing solutions for the Industrial Products/MRO, Consumer Packaged Goods, Retail, High-Technology Electronics, Healthcare/Life Sciences, Automotive Aftermarket and Media/Publishing industries. FullTilt provides product centric Master Data Management (MDM) for all vital product related attributes and relationships throughout the enterprise and for all trading partners. FullTilt provides data synchronization to GDSN certified data pools including 1SYNC and Agentrics. Founded in 1987, FullTilt has been implementing enterprise PIM solutions since 2001 at leading organizations such as: McCain Foods, Premier, Inc., BDI, Watts Water Technologies, Brady Corporation, Hagemeyer, Mouser Electronics and Thomas & Betts. Further information about FullTilt Solutions and its products is available at www.fulltilt.com
Michael Brenner
Director, Marketing
FullTilt Solutions, Inc.
1400 Liberty Ridge Drive, Suite 100
Wayne, PA 19087
Office: 610-727-5203
mbrenner@fulltilt.com
www.fulltilt.com
