Business Editors & High-Tech Writers
LONG BEACH, Calif.--(BUSINESS WIRE)--June 3, 2002
Apriso Corporation today reports record revenues for the year ending December 31st, 2001. Total revenue grew 9% over the previous year to USD 22.8 million. License and hardware revenue
"Fiscal 2001 was a challenging year for our clients and Apriso. Our revenue results reflect continuing global demand for our products and services, plus our ability to assist clients in generating rapid ROI and productivity improvements in their operations," reports Adam Bartkowski, Apriso's President and Chief Executive Officer.
Strong Customer Growth
Apriso added 43 new clients and installed over 111 sites. The 111 new sites represents a 108% increase over 2000. Apriso won business from many of the world's premier business enterprises, including General Motors, Honeywell, Microsoft, Siemens, ABB, International Paper, Merck, Steelcase, LGE and British American Tobacco. "Our clients represent the global leaders in each of their markets, and we are very pleased with their selection of Apriso as a key supplier for their supply chain execution applications," states Nelson Nones, Apriso's Senior Director of Product Management.
Growing International Market
Apriso's three-year investment in the international market was rewarded with strong returns in 2001. International revenues grew by 41%. As of December 2001, Apriso now has subsidiaries in 12 countries, and supports client sites in 47 countries. Today, nearly 30% of Apriso sales are from outside North America. Strong international demand allowed Apriso to open offices in Malaysia, Japan, and the United Kingdom.
Innovative Technology
Apriso continues to update our product family with new technology to provide the utmost benefits to our clients. We were an early adopter in the use of Microsoft .Net(R) and XML collaborate technology in 2001. An example of our XML initiative is the deployment of one of the world's largest Microsoft(R) BizTalk Server(R) collaborative business networks. In just nine months, our staff linked 84 sites into a global system that runs a multi-billion-dollar produce-on-demand software business. In addition, Apriso successfully deployed Web services and workflow technology as the foundation for our new FlexNet(TM) product family. "This new technology allows our customers to dynamically configure and easily link our FlexNet(TM) collaborative manufacturing applications to the world's leading enterprise applications," says Chris Will, Apriso's Vice President of Development.
About Apriso
Apriso(R) is a worldwide provider of collaborative manufacturing, logistics and supply chain execution systems with fiscal year 2001 revenue of USD 23 million. The company's principal product, FlexNet(TM), is sold to the industrial sector, including aerospace, apparel, automotive, chemicals, consumer products, electronics, industrial machinery, medical devices, metals, pharmaceuticals, printing, pulp and paper industries. FlexNet software, the world's first and only collaborative manufacturing and supply chain execution platform, consists of over 24 dynamic Web services applications that complement customer relationship management (CRM), supply-chain management (SCM) and electronic commerce systems. FlexNet applications support corporate globalization, standardization and lean manufacturing initiatives while minimizing inventories, cutting costs, and providing real time visibility and total coordination of production and logistics tasks as they occur. For further information, visit the company's web site at www.apriso.com.