Because Process Matters

Metastorm announces strong Q1 financial results

Posted by: Metastorm PR on: May 7, 2009

Today Metastorm announced results for its first quarter ending March 31, 2009. The company realized a 16% increase in license over the prior year quarter and reported strong demand for its software as organizations strive to reduce costs, increase productivity and instill greater control over operations.

Growth was fueled by both new customer additions as well as additional software purchases from existing customers. Metastorm’s ability to sell into three growing markets – EA, BPA, and BPM – combined with its proven track record of delivering results and customer success has enabled the company to continue to grow and be successful even in the current difficult economic environment.

During this past quarter, Metastorm also received a number of accolades including being positioned as a Leader by Gartner in the Magic Quadrant for Business Process Management Suites (BPMS) report and as a Leader by Forrester in the Forrester Wave: EA Tools, BPA and IT Planning, 1Q09 report. In addition to our award announcements this past quarter, we announced the new product release of Metastorm Integration Manager 8.5.

Finally, we recently revealed the results of our customer survey, which indicated strong ROI that fuels justification for further investment in Metastorm software.

We’ll keep you up to date as Metastorm continues to build strong momentum in Q2 and for the rest of FY ’09.

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