ERP Challenger +49% in N.A. and +45% Globally to $211+M in 1st Half 2007;
Earnings Per Share +109% as 'Change Advantage' Architecture Resonates
VICTORIA, BRITISH COLUMBIA, September 11 /CNW/ - Agresso
(www.agresso.com/USA), the ERP market's definition of agility, reports today
corporate Unit 4 Agresso revenues of $211.8 million for the first six months
of 2007, with revenue up 41 percent globally and 49 percent in North America
over the prior period. With corporate earnings per share (EPS) that has
skyrocketed 109%, all of Agresso's North American growth is attributed to
organic sales, versus acquisitions.
Globally, the company is continuing on the course announced earlier this
year of a record amount of large, million-dollar deals in 2007, primarily in
the high-end, mid-market sector. In North America, the deals have primarily
been to what Agresso characterizes as Businesses Living IN Change(TM) --
professional services and local government sectors where change is a constant.
"The market in the first half of 2007 can be characterized as a
replacement market," said Agresso North America President Shelley Zapp.
"Fundamental organizational changes, technical and functional obsolescence,
and excessive maintenance costs have traditionally forced organizations to
replace their software every seven to nine years. We are positioned squarely
for this turnover business -- both on the strength of our functionality and
architecture -- as the market's only solution that will grow with you
cost-effectively for decades to come. We are ERP with No Expiration Date."
Agresso (www.agresso.com/usa) is a $225 million enterprise resource
planning (ERP) subsidiary of Netherlands-based Unit 4 Agresso (Dutch Stock
Exchange EURONEXT-U4AGR) and one of the top five providers of ERP solutions
for professional services and public sector organizations. Agresso offers a
uniquely integrated data/process/delivery architecture designed specifically
for Businesses Living IN Change (BLINC)(TM). Agresso is known as "The ERP
Market's Definition of Agility" as it allows an unlimited amount of ongoing,
post-implementation changes without the typical external IT costs and
intervention that nets billions of dollars in revenue to the market leaders.
Over 2,600 companies and organizations in 100 countries deploy Agresso
Business World for both operational support and strategic management. The
company's role-based, Web Services and Services-Oriented Architecture (SOA)
enabled solutions include: Financial Management, Human Resources and Payroll,
Procurement Management, Project Costing and Billing, Reporting and Analytics
and Business Process Automation.
For further information:
For further information: Agresso Judith Rothrock, CMO, 858-847-9840