Citect Sets Record Growth in Software, Professional Services and Support Sales
ALPHARETTA, Ga., Oct. 25 /PRNewswire/ -- Citect announces the Americas'
region has set new records in revenue growth for 2005. At the end of Q3,
Citect has passed 76% revenue growth YoY and 800% profit growth in the
Americas' region for the same corresponding period last year - contributing to
the recent upward revision of the company's second half earnings guidance
statement to the Australian Stock Exchange (ASX). More importantly, Citect in
America has achieved record growth in all product areas including software,
services and support. Citect executed a major restructuring effort in 2004
throughout the region to more properly address MES* sales and drive growth of
SCADA sales through existing and new channel partners.
Citect has closed several strategic deals during the year, creating a
significant pipeline of professional services work leading into 2006. In
addition to a recently announced global MES solution project with Energizer,
Citect has new projects with Alcoa, IBM, and a large SCADA and MES project
with Pacific Gas & Electric (PG&E) valued at $1.6 million.
The President of Citect in America, Darren Trumeter, attributes Citect's
success in the region to its dedicated team and a remarkable focus on quality
customer service. "We are very pleased but not surprised by our success this
year - we were estimating 70% growth at the beginning of the year and
execution has been impressive. We have excellent people serving our customer
base backed up by a strong solution commitment to our customers. Our current
pipeline is a positive indicator that our revenues in 2006 will surpass our
2005 success."
Richard Webb, CEO Citect, comments, "I am thrilled with the progress we
have made in America accelerating the growth of our business. Our strong team
has capitalized on the myriad of opportunities to deliver IT solutions and
services in this region."
Citect has enhanced many of its software products during the last
18 months and significantly improved both functionality and benefits with the
latest version of CitectSCADA and its MES solution, Ampla.
About Citect
Citect is the leading, independent global provider of industrial
automation, real-time intelligence, and next generation manufacturing
execution systems (MES). Leveraging open technologies, CitectHMI/SCADA and
Ampla connect to multiple plant and business systems. Our products are
complemented by professional services, customer support and training, and sold
in numerous industries: mining, metals, food and beverage, manufacturing,
facilities, water, gas pipelines, power distribution and pharmaceuticals.
Headquartered in Sydney Australia, Citect has 19 offices and representation in
Oceania, Southeast Asia, China and Japan, North and South America, Europe,
Africa and the Middle East. Its products are distributed in more than 50
countries worldwide.
*Manufacturing Execution System
For further information:
Christine Lesher
Citect Americas
Tel: 770.521.7511 x208
Email: christinelesher@citect.com
SOURCE Citect
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Related links:
http://www.citect.com
CONTACT:
Christine Lesher of Citect Americas,
+1-770-521-7511 x208, or christinelesher@citect.com
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