Brainware Sales More than Double in First Quarter of 2010
Notable Achievements in New Customer Acquisition, Implementation Success, New Product Introduction, and Employee Growth Mark a Strong Start to the Year
ASHBURN, Va., April 15 /PRNewswire/ -- Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, today announced that the company's sales results for the First Quarter of 2010 were up by 121% compared with the same period last year. This announcement comes on the heels of Brainware's Q4 2009 results, continuing the company's consistent string of performance improvement.
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In the first quarter of the year, Brainware announced new contracts with leading global companies including: EDM Group to automate processing of 300 million pages per year; a Fortune 1000 manufacturing company for end-to-end A/P automation; and a global manufacturing and distribution company for A/P automation worth over $1.7 million. Brainware announced implementations of its Distiller platform at the Finance Service Centre Europe of Philip Morris International, Sun Chemical, and CORT Business Services. Additionally, the company announced the general availability of its industry leading intelligent data capture platform, Brainware Distiller v5.2, as well as the latest release of the company's enterprise search solution, Globalbrain v5.
"We continue to accelerate the momentum of our business as evidenced by the global companies who are selecting Brainware's solutions, even when they've had to forgo prior investments in other technologies," said Carl Mergele, chief executive officer for Brainware. "These companies are recognizing that our solutions can unlock significant profit that's otherwise trapped in their operations, and that we can implement our solutions and achieve the productivity improvements that others are simply talking about. This is not only helping us build our customer base, but is helping us draw top talent from around the industry to build on our foundation and to achieve future success."
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 (now Verizon), Amgen, Anadarko, Baylor Health Care System, BB&T, British American Tobacco, CGI, 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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