EPI-USE Labs Announces Record Year of Growth
ATLANTA, GEORGIA, March 8, 2010 - EPI-USE Labs, a global provider of innovative, off-the-shelf software products for organizations that run SAP®, announced the completion of a record fiscal year. For the fiscal year ending February 28, 2010, EPI-USE Labs achieved record revenues and acquisition of new software clients.
Revenue for the record fiscal year was up over 35%. In addition, EPI-USE Labs added over 75 new clients of its off-the-shelf software products, including some of the largest international companies in the world.
“Given the current, global economic climate, we are extremely pleased with the confidence that our clients have conferred to EPI-USE Labs,” said Phillip Stofberg, chief executive officer of EPI-USE Labs. “A good portion of our new clients have been referred to EPI-USE Labs by another client, or have used the products in a role at another company. We believe that this is a testament to our absolutely unwavering commitment to the success of all of our clients.”
EPI-USE Labs continues to funnel an aggressive percentage of its revenue toward continuing research and development. Its development centers in South Africa, Georgia and Germany are staffed with arguably the largest and most talented SAP Development teams in its market space. As a result, many new capabilities and improvements are in store for their marquee Data Sync Manager product as well as their broad HCM suite of products.
“Of all of the success that EPI-USE Labs had worldwide, I believe that the most exciting trend is the number of competitive replacements that we have done,” stated Charles Wheeler, senior vice president for EPI-USE Labs Americas. “It is a clear indication of the quality, robustness and completeness of our products when we successfully replace the products of our competitors time after time.”