Brainware Records Explosive Growth in 2007
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- Company ends the year with 500% increase in sales, new Global 2000 clients -
ASHBURN, Va., Jan. 15 /PRNewswire/ -- Brainware, Inc., the leading
provider of intelligent data capture and enterprise search solutions, today
announced that it has recorded explosive growth in 2007, with contract
bookings increasing 500% over the previous year. The company has significantly
expanded its Global 2000 client roster and quadrupled its office space in the
U.S. and Europe to accommodate this rapid growth.
"The startling results have proved that the company's strategic vision is
right on the mark," says Carl Mergele, Brainware CEO. "Global 2000
organizations clearly see us as the only company that can meet their demands
for high volume, template-free document processing. Brainware technology, that
combines intelligent data capture with enterprise search capabilities, allows
them to significantly cut costs and increase shareholder value. This year, we
will continue to develop new solutions and add more talented employees to
expand our market share and better serve our growing list of customers."
In 2007, Brainware continued to add marquee customers across industry
verticals. Some of these include:
-- Automotive: Reynolds and Reynolds Company
-- Consumer and foodservice/food packaging: Pactiv
-- Energy: E.ON, Southern Company
-- Government: Her Majesty's Prison Service
-- Healthcare: Mayo Clinic
-- Pharmaceuticals and Life Sciences: Abbott Laboratories, Alcon
Laboratories
-- Professional Services: KPMG MSLP (Canada) and KPMG Germany
-- Library Services: SirsiDynix
-- Telecommunications: Alltel
-- Retail: Metro AG
In 2007, Brainware opened new offices in Woking, U.K., Neuchatel,
Switzerland, and expanded its headquarters in Ashburn, Virginia, U.S. to
accommodate its sales, marketing, and support staff that doubled in the past
year.
About Brainware: Brainware, Inc. is the leading 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, BB&T, British American Tobacco,
ConocoPhillips, Halliburton, Her Majesty's Prison Service, JohnsonDiversey,
Kimberly-Clark, KPMG, Mellon Bank/SourceNet, NHS/Xansa, Nestle, Pactiv,
Reynolds & Reynolds, Shell, Southern Company, and many others. For more
information, please visit http://www.brainware.com.
SOURCE Brainware, Inc.
Yegor Kuznetsov, Director, Analyst/Media Relations of Brainware, Inc.,
+1-703-948-5878, Yegor.Kuznetsov@Brainware.com
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