Thursday, June 29, 2006

Software growth strategy pays off in revenues

Delcam achieved its highest ever quarterly sales in the first quarter of 2006.
CADCAM developer Delcam achieved its highest ever quarterly sales in the first quarter of this year. Worldwide sale of the company's software, systems and services through its network of international sales offices exceeded US $20 million for the first time. This was 20% ahead of the same period last year and follows record annual sales by the company during 2005.

The record sales have resulted from the addition of the FeatureCAM software range to the company's portfolio during 2005 and from increased sales of Delcam established range of design, machining and inspection software.

Sales of services also showed strong growth as Delcam continued to develop its business for bespoke software and consultancy.

'During the first quarter, we delivered in all three main areas of our strategy for growth', claimed Managing Director, Hugh Humphreys.

'We continue to grow our business outside the mould and die area, both in other areas of toolmaking, in particular press tool manufacture, and in other industries such as the production of components for the aerospace and autosport industries'.

'We have also increased our sales to larger organisations as well as to the smaller and medium-sised companies that traditionally formed the major part of our business'.

'In addition, we are developing closer relationships with providers of related technology, in particular in the inspection sector, where our contracts with leading metrology companies such as Renishaw, Faro and Romer/Cimcore, have helped to more than double sales of our PowerInspect inspection software'.