press room
Connecti announces record first quarter
Quarterly Revenues £1mn, Significant
Customer Wins,
Industry Awards
March 2004
Connecti, the worldwide provider of award-winning digital marketing software, brandPATH™, today announced the results for its first
quarter of fiscal year 2004. During the quarter, the company achieved
record revenue, signing 2 major new contract deals driven by new and repeat
customers.
“During the first quarter 2004, we extended our lead in the specialist
marketing automation sector,” said Danny O’Donnell, Managing
Director and co-founder of Connecti. “We kicked off the fiscal year
with a new release of our brandFAST module for global enterprises, we
received industry recognition and market leadership status from prestigious
awards, including Bank of Scotland Award for the Best Overall Business
at the Glasgow Chamber of Commerce Awards 2004 and Best In Category, Scottish
Marketing Awards 2004 and European Best in Class Award 2003 from international
organisation PODi. These achievements are evidence of our growing momentum
and validate our approach to providing customers with the innovative solutions
they need to achieve brand controlled global expansion.”
Highlights of the first quarter of 2004 include:
- Delivered year-over-year revenue growth of 35 percent;
- Closed 2 global contracts from one of the world’s largest utilities
and one of the largest automotive manufacturers in the world.
- Repeat orders from brandWEB customers, major utility services and
major house building company
- Continued momentum and expansion through London office at City Point.
- Launched brandPATH suite for global enterprises, which features an
intelligent market planning, production and analysis system.
- Launched brandFAST CRM personalisation module for 1-2-1 marketing
leveraging CRM for digital print.
“With the economy recovering, companies are investing in technologies
that drive revenue generation and, as a result, industry analysts have
projected that the marketing automation market will grow 15-20 percent
in calendar year 2004,” said John McHugh, Sales & Marketing
Director, and co-founder of Connecti. “As the clear leader in the
marketing software category, we are better positioned than any of our
competitors to capitalize on this growth opportunity.”
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