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PROACTIVITY ANNOUNCES A RECORD YEAR FOR REVENUE AND BOOKINGS

Newton, Mass. – Feb. 22nd , 2006- ProActivity, Inc., a leading provider of software solutions that enable an effective and well monitored business process life-cycle, today announced record results for the 2005 calendar year.

Sales performance highlights included:

  • Total revenue growth from 2004 to 2005 of 82%
  • Software license revenue growth of 111% between 2004 and 2005
  • 36 new enterprise-class customers were added including such marquee customers as Lehman Brothers and Bear Stearns.
  • The Company continued scaling and growth with its existing customer base, with clients such as Wyeth Bio-Pharma, Getronics, Bank of America, State Street Bank and the US Army.
  • The Company experienced growth in the percentage of revenue generated via alliance partners– with all leading partners, including BEA Systems, Microsoft and CSC, growing in their revenue impact compared to 2004

Given that the Business Process Analysis (BPA) market is growing at a compounded annual growth rate (CAGR) of 15%, according to Gartner, 2005 marked a year of market share increase for ProActivity.

"We are happy to see that the strategy and execution we are using are delivering the growth results that we are seeing" commented Avi Fogel, ProActivity Chairman and CEO. "We expect expanded alliance partner relationships to play a growing role in our execution moving forward"

ProActivity provides software solutions that enable streamlined business processes and an effective business process life-cycle. Large enterprise customers rely on ProActivity to optimize key value-chains and end-to-end processes -- reducing costs, increasing throughput and customer satisfaction. ProActivity is a venture-capital backed private company, with headquarters in Newton, MA.  

For further information, please call (877) 332-0095, email info@proactivityinc.com  or click here.

 

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