Infor Adds 211 New Customers in Q1 FY2006
Share:
aTLANTA - November 3, 2005 - Infor, the largest global enterprise software provider exclusively focused on developing solutions for the manufacturing and distribution industries, today announced the addition of 211 new customers in its first fiscal quarter of 2006, an increase of 26% from Q4 FY2005. This represents 39 percent of total license revenue, which is up from 29 percent in the previous quarter. In addition, over 1,500 current customers purchased new or enhanced their existing solutions. Infor also announced that its partner channel has continued to grow and represented 58% percent of license revenue for the quarter.
"Our strategy of assembling and innovating solutions designed specifically to help our customers compete in a global economy is resonating as shown by our continued growth in new customers, the confidence demonstrated by our existing customers and the strength of our channel," said Jim Schaper, chairman and CEO.
Additional recent highlights include:
· Infor acquired Intuita Holdings Ltd. in July 2005. Intuita Holdings was a channel partner of the Infor distribution group based in Manchester, U.K. This acquisition is the first for Infor's distribution group in Europe. Infor plans to grow its distribution presence in Europe and gain a leadership position similar to that enjoyed by Infor in North America.
· Infor acquired Formation Systems in August 2005. Based in Southborough, Mass., Formation Systems was a leading provider of product lifecycle management solutions for process manufacturing companies for 10 years. The acquisition will make Infor the first company to offer process manufacturers a Process ERP solution with an integrated product lifecycle management system. This will enable process manufacturers to standardize on a single end-to-end process solution for all their Process ERP, supply chain planning, performance management and product lifecycle management needs.
· Infor acquired Alpine Systems in September 2005. A channel partner for Infor's Visual software for over 10 years, the acquisition of Alpine provides Infor with a strong presence in the Western U.S., a region rich with mid-market manufacturers that has been traditionally underserved by Infor. Alpine has sold and installed Infor's software in over 600 customer sites.
About Infor
Infor is the largest global software provider exclusively focused on delivering world-class enterprise applications to select verticals in the manufacturing and distribution industries. Infor delivers integrated solutions that address the essential challenges its customers face in areas such as supply chain planning, relationship management, demand management, ERP, warehouse management, marketing-driven distribution, and business intelligence. With more than 2,300 employees in 47 global offices, Infor provides enterprise solutions to almost 18,000 customers in over 70 countries. For additional information, visit www.infor.com.
All information contained in this document is protected by United States copyright law and is considered the proprietary property of Airfoil Public Relations, Inc. Any display, publication, duplication, or distribution without the express written consent of Airfoil Public Relations, Inc. is strictly prohibited. Copyright Airfoil Public Relations, Inc. 2005. All Rights reserved.
