News
Prodiance Announces Record Sales for 2006
Increased Demand for Compliance Solutions Fuels Rapid Growth
San Ramon , Calif. – January 24, 2007– Prodiance Corporation, a world leader in delivering comprehensive solutions for improving compliance with today’s corporate, regulatory and legal mandates, today announced that it has completed fiscal year 2006 with record sales of its industry leading Prodiance Spreadsheet Compliance Edition solution and related consulting services.
In 2006, total revenues more than doubled over the previous year as Prodiance continued its market penetration with the Prodiance Spreadsheet Compliance Edition both in new accounts, and expansion of existing installations. Prodiance has taken a leadership position in helping companies reduce operational risk and improve internal controls over the financial reporting process, and continues to be the leading product in the emerging Spreadsheet Management Market.
"I am very proud of our company's accomplishments during 2006, said Dr. Soheil Saadat, President and CEO of Prodiance Corporation. "According to most economic indicators, 2006 was a difficult year for everyone, and our record sales growth during this down year are indicative of our company's strength and ability to solve critical business problems for today's financial executives."
About Prodiance
Prodiance Corporation is a world leader in delivering comprehensive solutions and best practices for improving compliance with today’s corporate, regulatory and legal mandates, and boosting productivity for knowledge workers. With proven technologies and solutions for financial spreadsheet control and remediation, management of electronic evidence, automation of key business processes, and federated search for eDiscovery, Prodiance leverages a 15-year history in delivering solutions for highly-regulated markets. Organizations across the financial, legal, food and beverage, telecommunications, entertainment, aerospace and defense, health care, educational, manufacturing, and engineering & construction markets have trusted Prodiance as a strategic partner to achieve their goals – driving down the cost of compliance, achieving better visibility and control over critical information and key business processes. Prodiance Corporation is an independent, privately held corporation based in San Ramon, California. Additional news and information about Prodiance solutions, products and services is available at www.prodiance.com or by calling 1-866-569-5678.
Prodiance PR Contact:
Eric
Perry
(866) 569.5678
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