Capital IQ Client Base Doubles to over 700 in One Year; Company Maintains Track Record of Continuous Growth and Profitability.NEW YORK -- Capital IQ today announced that its client base doubled to more than 700 since June 2003. During that period, the company's revenue, number of end users, and total value of client contracts all grew by record rates. The company also opened new offices in Boston, Chicago, Houston, San Francisco, Los Angeles, and London to support its growth and provide localized client services. Capital IQ's client base now includes: --Almost every major investment bank and corporate finance advisory firm --100 hedge funds collectively managing over $200 billion in assets --200 private equity firms collectively managing over $150 billion in assets --The world's most influential firms in accounting, management consulting, corporate law, and executive search --Fortune 500 companies, including many in the top 50 Highlights for the recent twelve months include: --Revenue increased by 85% --Total annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. value of client contracts increased by 86% --Total number of end users increased by 68% --Employee base grew to approximately 900 --Continued profitability despite significant capital investments "We are the fastest-growing financial information and technology platform in the marketplace. What we accomplished over the past twelve months reflects the value we deliver to our clients," said Steven Turner, a Managing Principal of Capital IQ. About Capital IQ Capital IQ provides high-impact information solutions to over 700 leading financial institutions, advisory firms, and corporations. Our solutions are based on the Capital IQ Platform, a unique combination of global private and public capital market data and software applications that enable end-users to draw deep market insights, generate better ideas, optimize relationships, and simplify workflow. Clients can deploy the Capital IQ Platform either as a standalone solution or by seamlessly integrating components of its data and tools into existing business applications and portals via systems integration and custom data feeds. Capital IQ's strategic shareholders include Bear Stearns & Co. (NYSE NYSE See: New York Stock Exchange : BSC (Binary Synchronous Communications) See bisync. ), Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. (NYSE: CSR (1) (Customer Service Representative) A person who handles a customer's request regarding a bill, account changes or service or merchandise ordered. Agents in call centers are known as CSRs. See call center. ), Dresdner Kleinwort Wasserstein, FleetBoston Financial Corp., JP Morgan Chase & Co. (NYSE: JPM JPM J. P. Morgan Chase & Co. (stock symbol) JPM Juan Pablo Montoya (formula 1 driver) JPM Jabatan Perdana Menteri (Malaysia) JPM Journal of Property Management ), and Merrill Lynch & Co. (NYSE: MER mer Among the Cheremi and Udmurt peoples of Russia, a sacred grove where people of several villages gathered periodically to hold religious festivals and sacrifice animals to nature gods. ). For more information, please visit Capital IQ's web site at www.capitaliq.com. |
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