EASY SOFTWARE UK achieves profitability and 48% growth in 2005 and Continues to Expand its Market Share in 2006

Q2 is closed out with record new wins and a healthy customer base

EASY SOFTWARE UK, Europes foremost supplier of integrated document management, workflow and archive solutions, has just announced record annual results for 2005, with an increase of 102 percent over revenues from year ended December 31st, 2004. Licence revenues represented 70 percent and service revenues 15 percent of the total revenues for 2005.  EASY added over 80 new and repeat licence customers in 2005, further expanding its share of the global document management market.

EASY has just completed another record half year ended June 30th, 2006 with total revenues increased 47 percent over the comparable period in 2005.   EASY SOFTWARE UK also achieved its corporate objective of attaining profitability in the second quarter of 2006, a significant achievement in a highly competitive software market. 

New customers this year include Johnson Service Group, Brother UK, Newcastle University, Mediterranean Shipping Company, The Co-Op, Anglian Water, Discovery Foods and Spicerhaart.  EASY has continued to work closely with partners through the year and has secured a number of new wins with Touchstone, TSL, Foundation Systems, Serco Solutions, Konika Minolta and SAP. The half year financial success was further boosted by the announcement that EASY ENTERPRISE was awarded the Best Software Archiving Product of the Year for the second year running at the Storage Awards in June.

Speaking of teams recent achievements, Andrew Graham, CEO of EASY SOFTWARE UK said, We are extremely pleased that we have bucked market trends by continuing to achieve significant growth in document management solutions sales. We have a very healthy balance of new and current clients continuing to invest in our solutions and this is an endorsement of our continued focus on superbly engineered German products delivered and implemented by a team with unrivalled consultancy skills and service levels.  We are poised for further expansion in 2006 with a very positive pipeline and look forward to a profitable year ahead.