Unitask, Inc. Achieves Record Revenue in 2006.384 Percent Increase in Sales Fueled by New Product Releases and Aggressive Sales Expansion COLUMBUS, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. -- Unitask Inc., providers of software to make the Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence. easy, today announced another year of record revenue and growth for fiscal year 2006. The privately-held company posted a 384 percent increase in revenue over the previous year. The fourth quarter of 2006 marked the best sales quarter in company history with revenue growth of 324 percent over the same quarter last year. The company attributes its growth to the successful introduction of new versions of several of its products and to the growth of the sales organization. The company has doubled its sales force since January 2006 to keep pace with the growing demand for its products. "Our strategy is to leverage our technology and experience to enable organizations implementing, upgrading or managing the Oracle E-Business Suite to control the risk of their Oracle projects while protecting their IT investment," said Unitask 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. Michael Segev. "We help organizations develop, operate and manage the Oracle E-Business Suite better than anyone." Segev said Unitask, which plans to more than double its revenues again in 2007, sees continued CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. focus on controlling the costs and resource requirements The components of a system that are required by software or hardware. It refers to resources that have finite limits such as memory and disk. In a PC, it may also refer to the resources required to install a new peripheral device, namely IRQs, DMA channels, I/O addresses and memory as the means to further accelerate the company's growth in the next several quarters. "We speak frequently with organizations that face IT imperatives to streamline functions where possible and thereby reap quantifiable cost savings. With our Oracle implementation and upgrade software suites and solutions for such problems as object migration, instance synchronization (1) See synchronous and synchronous transmission. (2) Ensuring that two sets of data are always the same. See data synchronization. (3) Keeping time-of-day clocks in two devices set to the same time. See NTP. and remote printing, we are uniquely positioned to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this trend." Sales highlights for the year included US Navy, Flowserve, ResCare, Tnemec Company, Amerimax Home Products, Trimble Navigation Limited, Granite Services Inc., Opnext Inc. and Emergency Medical Services An Emergency medical service (abbreviated to initialism "EMS" in many countries) is a service providing out-of-hospital acute care and transport to definitive care, to patients with illnesses and injuries which the patient believes constitutes a medical emergency. Corporation. About Unitask, Inc. With its software products, Unitask is committed to helping organizations implement, upgrade and manage their Oracle E-Business Suite. Unitask creates, sells and supports software products based on experience gained from more than a decade of Oracle E-Business Suite implementation projects. Customers of the Oracle E-Business Suite around the world rely on Unitask products to eliminate implementation and operational risk, improve application quality and accelerate the time-to-value of their Oracle E-Business Suite investment. For more information, please visit www.unitask.com. |
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