Citect Achieves Record Growth in America | Automation.com

Citect Achieves Record Growth in America

October 282005
Alpharetta, GA – Citect announces the Americas’ region has set new records in revenue growth for 2005. At the end of Q3, Citect has passed 76% revenue growth YoY and 800% profit growth in the Americas’ region for the same corresponding period last year - contributing to the recent upward revision of the company’s second half earnings guidance statement to the Australian Stock Exchange (ASX). More importantly, Citect in America has achieved record growth in all product areas including software, services and support. Citect executed a major restructuring effort in 2004 throughout the region to more properly address MES* sales and drive growth of SCADA sales through existing and new channel partners.

Citect has closed several strategic deals during the year, creating a significant pipeline of professional services work leading into 2006. In addition to a recently announced global MES solution project with Energizer, Citect has new projects with Alcoa, IBM, and a large SCADA and MES project with Pacific Gas & Electric (PG&E) valued at $1.6 million.

The President of Citect in America, Darren Trumeter, attributes Citect’s success in the region to its dedicated team and a remarkable focus on quality customer service. “We are very pleased but not surprised by our success this year - we were estimating 70% growth at the beginning of the year and execution has been impressive. We have excellent people serving our customer base backed up by a strong solution commitment to our customers. Our current pipeline is a positive indicator that our revenues in 2006 will surpass our 2005 success.”

Richard Webb, CEO Citect, comments “I am thrilled with the progress we have made in America accelerating the growth of our business. Our strong team has capitalized on the myriad of opportunities to deliver IT solutions and services in this region.”

Citect has enhanced many of its software products during the last 18 months and significantly improved both functionality and benefits with the latest version of CitectSCADA. Additionally, many features and modules were added its MES solution, Ampla.

About Citect
Citect is the leading, independent global provider of industrial automation, real-time intelligence, and next generation manufacturing execution systems (MES). Leveraging open technologies, CitectHMI/SCADA and Ampla connect to multiple plant and business systems. Our products are complemented by professional services, customer support and training, and sold in numerous industries: mining, metals, food and beverage, manufacturing, facilities, water, gas pipelines, power distribution and pharmaceuticals. Headquartered in Sydney Australia, Citect has 19 offices and representation in Oceania, Southeast Asia, China and Japan, North and South America, Europe, Africa and the Middle East. Its products are distributed in more than 50 countries worldwide.

Please visit www.citect.com for further information.
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