Brainware More than Doubles Revenue in Fourth Quarter

Continued Growth Caps Record 2009

Jan 20, 2010, 00:30 ET from Brainware, Inc.

ASHBURN, Va., Jan. 20 /PRNewswire/ -- Brainware, Inc., an innovative provider of intelligent data capture and enterprise search solutions, today announced that the company's software license revenue more than doubled in its fourth quarter, increasing by 132% over the previous quarter. This announcement comes on the heels of Brainware's record third quarter software bookings.

"The world's largest organizations recognize that Brainware will make them money and increase profitability," explained Carl Mergele, chief executive officer for Brainware. "The value that Brainware's solutions bring to the market far exceeds what any other vendor can offer. The global organizations that have selected and implemented our solutions in record numbers speak volumes to our unrivaled position in the marketplace."

In recent months, Brainware has empowered organizations around the globe, such as Baylor Health Care System, Sun Chemical, CGI, Rockwell Automation, Cooper Industries, Kuwait Petroleum, Logica, bioMerieux, Yale-New Haven Health System and others.

In addition to having the most advanced data extraction and document processing solution on the market, Brainware attributes its growth in part to its rapid implementation, which radically shortens the time-to-value for organizations. This method eliminates the extensive setup times required to train and configure traditional keyword and template-based solutions.

About Brainware

Brainware, Inc. is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing. Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices. Brainware customers include Airbus, Alcon, Alltel, Amgen, Anadarko, Baylor Health Care System, BB&T, bioMerieux, British American Tobacco, Continental Airlines, CORT, Gardner Denver, Halliburton, Her Majesty's Prison Service, Johns Manville, JohnsonDiversey, Kimberly-Clark, KPMG, Kuwait Petroleum, NHS/Steria, Newell Rubbermaid, Phillip Morris International, Reynolds & Reynolds, Rockwell Automation, Shell, Southern Company, Sun Chemical, The Bank of New York Mellon/SourceNet, TriZetto, and many others. For more information, please visit www.brainware.com.

SOURCE Brainware, Inc.



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