Company Shows 20% Revenue Growth Compared to Same Period Last Year
NEW YORK, LONDON and BEIJING, May 19, 2016 /CNW/ -- Shinetech Software, Inc., a leading Agile application development outsourcing provider, today announced its financial results for the first quarter ending March 31, 2016.
First quarter 2016 highlights:
- 20% revenue growth Q1 2016 vs. Q1 2015
- Continued expansion of local onsite services
- Strong growth in the number of large multi-year contracts
"We have experienced an amazing first quarter and are extremely proud of the quality and value we provide to our clients," said John Vanderpool, senior vice president of global operations for Shinetech. "We are expanding our onsite services across the globe and expect this upward trend to continue into the second quarter and throughout the rest of the year."
As a testament to Shinetech's dedication to client success, Shinetech Europe Ltd. received an award for 'Excellence in Offshore Software Solutions' by Acquisition International, a monthly magazine that focuses on the global corporate landscape. The prestigious Business Excellence Awards celebrate the outstanding performance and results achieved by leading companies across the corporate world.
"It is an honor to be recognized for our core business services," said Frank Zhang, managing director for Shinetech Europe. "This award exemplifies the hard work of our team and the great strides the business has taken in the past years."
Shinetech currently works with more than 150 clients from 25 countries, including Fortune 100 companies. Since 2001, Shinetech has partnered with more than 500 clients in North America, Europe and Australia.
About Shinetech Software, Inc.
Shinetech Software Inc. is a global leader in providing application development outsourcing, systems integration, and solution delivery services from numerous development centers across China. Shinetech works with organizations of all types and sizes, including many Fortune 500 companies from around the world. During the past 15 years, Shinetech has accumulated extensive experience in the financial, manufacturing, healthcare, government, education, e-commerce and retail sectors. Our experience with various technologies and industries enables us to successfully adapt to our client's diverse needs ensuring successful project execution. Headquartered in New York, London, and Beijing, the company also has global offices in Shanghai, Frankfurt, Karlstad, Boston and Sydney. To learn more, visit www.shinetechchina.com.
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SOURCE Shinetech Software, Inc.