| Home | News | Press Releases | 2003 | |
Press Release |
|
Tenrox Reports Record Sales In July & Fiscal 2003 Tenrox, the Enterprise Optimization Company, today announced record sales for the month of July and significant sales growth for its fiscal year 2003. Even with the economic slowdown in technology and in the general business sectors this past year, Tenrox is once again on its continued path to growth. The company ended its fiscal year with record sales in the month of July and a 10% increase in annual revenues while it continues to remain profitable. Each year, Tenrox strives to maintain its financial strength by establishing a productive and positive relationship with its customers and seeking to serve new ones with its product innovations. Tenrox solutions focus on providing immediate efficiencies, fast ROI through quick professional implementations, and on solutions that are designed to be user-friendly, intuitive, and pre-integrated with other enterprise software. Tenrox finished the year strong, winning several new customers in July alone, these include:
Tenrox also received large orders from existing customers for additional licenses and professional services. "In spite of global economic conditions, the performance of the company has been remarkable. The company has grown and remained profitable though the events of the last several years,” explained Rudolf Melik, CEO and President at Tenrox. “Furthermore, we are only weeks away from a major new release that has been under development for more than 18 months. It will have extensive innovations in its user interface and functionality and significant enhancements in its integration capabilities. With the new release and our overall strong position today, I am supremely confident that Tenrox will provide substantial value for its customers in the coming year.” About Tenrox Tenrox empowers client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premise, Tenrox project workforce management solutions have served more than 800 organizations in 50 countries, maximizing efficiency, data security and reliability. Since 1995, Tenrox has served organizations such as Rio Tinto Alcan, E*TRADE Securities , First National Bank, Visa, Hydro Quebec, Invensys Systems Canada, Major Drilling, Pioneer Natural Resources, US Army, The Pentagon, Talisman Energy, University of Michigan, Northrop Grumman, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox software is available through direct sales channels and a network of worldwide partners. For more information about the company or its award-winning family of products, go to www.tenrox.com. Media Contact:
Product or service names mentioned herein are the trademarks of their respective owners. |
|
