Press Releases
Product advancement and global expansion lead to record revenue and license growth
Charlotte, NC (December 06, 2006) -
Camstar Systems, Inc., a leading provider of Enterprise Manufacturing Execution and Quality Management Systems, today announced that it has achieved record revenue for the first three quarters in 2006, an increase of 58% over the same time period in 2005.
Camstar’s record growth in 2006 is being fueled by the company’s leadership in the medical device, biotechnology, and semiconductor vertical markets. Software license sales for the year-to-date are up 135%, due to the rapid adoption of Camstar’s InSite solutions in its target industries. The company has expanded its global infrastructure and continues to develop its partner ecosystem to support continued growth.
“We are excited that Camstar is achieving outstanding financial results again this year,” said Scott Toney, President and Chief Executive Officer of Camstar Systems. “We’ve made significant investments in product advancements and in our industry-focused strategy. We’ve seen tremendous expansion of our semiconductor practice in Asia, and continued steady growth across all of our strategic verticals in North America and Europe.”
Leading manufacturers are selecting Camstar’s enterprise manufacturing and quality solution because of its advanced out-of-the-box industry functionality, unparalleled scalability, rapid implementation capabilities, and because of the company’s strong track record of successful deployments. Because Camstar’s solution is built on a service-oriented architecture (SOA),
it provides maximum interoperability between multiple sites and diverse systems, and ensures that critical, accurate, real-time information is visible across the distributed enterprise and supply chain.
“We are proud of our customer-focused corporate culture,” states Toney. “We follow proven methodologies when working with our customers to ensure that we deliver solutions that meet their precise business needs. As a result, we have successful, highly referenceable customers.”
About Camstar Systems, Inc.
Camstar is a leading provider of enterprise manufacturing execution and quality systems. Camstar’s InSite application manages, monitors, and synchronizes manufacturing activities across globally distributed plants, and integrates them in real-time with core business processes. Rapid to implement, it provides the manufacturing control needed to help eliminate scrap, rework, paperwork errors and redundant checks. As a result, manufacturers improve yields and product quality, shorten lead times and reach volumes quickly, respond to changing demand, and reduce the cost of compliance. More than 100 leading companies, including Johnson & Johnson, Roche, Tyco Healthcare, ZOLL, CIBA Vision, Zeiss, Kinetic Concepts, BIOTRONIK, IBM, Kodak, AMD, Philips, Hitachi, SCHOTT, GEM Services, Amkor, ASAT, Renesas, Arcelor and Outukumpu rely on Camstar as a trusted software partner.
For more information, please visit www.camstar.com
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