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Deltek Reports $150M in Record Total Revenue, 25% Increase from 2004; New Leadership, Expanded Products Contribute to Industry-Leading Growth.


HERNDON, Va. -- Deltek, the leading enterprise software vendor for project-based businesses, today announced record-breaking total revenue exceeding $150 million for its fiscal year ending Dec. 31, 2005, a 25 percent increase over the previous year. License and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  revenues both recorded increases in excess of 25% when compared to the prior year. This is the second consecutive year that Deltek's growth has exceeded 20 percent.

"Deltek's phenomenal growth in 2005 reflects our position as the clear leader in project-based enterprise software and our steadfast commitment to serving our growing base of 11,000 customers," said Kevin Parker Kevin Parker represents District 21 in the New York State Senate, which is comprised of East Flatbush, Flatbush, Midwood, Ditmas Park, Kensington, and Boro Park. He is African American. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Deltek. "This was a landmark year, marked by an expansion of our seasoned executive team as well as financial backing by New Mountain Capital. For 2006, Deltek will further its momentum, as we continue to enhance our winning product portfolio and expand into new project-oriented vertical and international markets."

In 2005, Deltek welcomed new executive leaders to their successful management team, whose extensive expertise and strategic vision have primed Deltek for continued growth. Former PeopleSoft co-president Kevin Parker now leads as CEO, while industry leaders Jim Reagan and Bill Clark respectively serve as CFO See Chief Financial Officer.  and CMO CMO

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CMO

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The company also acquired leading financial management software firm Wind2 in October 2005, increasing Deltek's customer base to 11,000 firms and furthering the company's dominance in a number of key vertical markets, including architecture/ engineering (A/E A/E Architect/Engineer
A/E Architecture and Engineering Services
A/E Air Entry (by auscultation)
A/E Activity Elements
A/E Ascent and Entry (spacecraft; NASA)
A/E Attitude Ephemeris
A/E Anarchy and Equality
) and government contracting. Today Deltek clients represent more than 81 percent of the 500 largest revenue-generating A/E firms in the United States, as ranked by Engineering News-Record in 2005. In addition, nearly 65 percent of the largest government contractors are Deltek clients, as ranked by Washington Technology. Of Deltek's record 25 percent revenue growth, two percent was attributed to the Wind2 acquisition.

Deltek also expanded its software lineup in 2005 with the release of Costpoint(R) Smart Business Applications(TM), a Web-based interface to Costpoint and the only Web-enabled ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  system designed specifically for project-based businesses. The solution increases collaboration and productivity while providing industry-leading built-in project accounting functionality that nearly 1,000 Deltek clients rely upon. With its expanded software packages Deltek offers complete project-oriented enterprise solutions for its core vertical markets, including government contracting, A/E; IT services and management consulting; nonprofit; and project manufacturing.

ABOUT DELTEK

With more than 11,000 customers, Herndon, VA-based Deltek is the leading provider of enterprise software solutions for project-based businesses and professional services firms. Founded in 1983, Deltek enables companies to maximize profitability and productivity, integrating all aspects of their businesses. Deltek focuses on the architecture and engineering, IT services, management consulting, construction, nonprofit, systems integration and government contracting markets. Its clients include Bechtel, CACI CACI - A company developing and marketing SIMSCRIPT, MODSIM and other simulation software products.

Telephone: +1 (619) 457-9681.
, HOK and Verizon. Analyst firm Technology Evaluation Centers This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  declares Deltek "... the ERP leader for professional services industries and other companies focused on project-related work."

Deltek Costpoint(R), Deltek Vision(R) and Deltek GCS GCS Glasgow Coma Scale
GCS Guilford County Schools (North Carolina)
GCS Ground Control Station
GCS Grand Central Station
GCS Ground Control System
GCS Ground Combat Systems
GCS Group Communication Systems
 Premier(R) power a myriad of front- and back-office applications including accounting, billing, resource planning, budgeting and control, business intelligence, CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  and proposal automation, employee time and expense, HR management, procurement and materials management and project management.

Visit www.deltek.com, or call 800/456-2009 in the U.S. or +44 (0) 20 7518 5010 in the U.K.

Deltek Enterprise(TM), Deltek Vision(R), Deltek GCS Premier(R), Deltek Costpoint(R) and Deltek GovWin(TM) are registered trademarks of Deltek Systems, Inc. All other product names used are trademarks or registered trademarks of their respective owners. This press release is available on the Deltek Web site at www.deltek.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 7, 2006
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