ATLANTA, Georgia (PRWEB) May 2, 2006
Sevista, a leading privately-held Atlanta-based email marketing services company for responsible and ethical marketers, today announced financial results for the 1st quarter 2006 as the highest revenue and earnings in the Company’s history. Gross revenue was up 68.6 percent from the year-ago quarter, reflecting an annualized 2006 growth rate of 86.1 percent.
“We are thrilled to report the best quarter in Sevista’s history, with almost 70 percent year-over-year quarterly revenue growth and 252 percent gross profit growth for the same period. This is a bellwether quarter for the rest of the year and is a testament to our ability to improve upon our past successes” said Bill Wallace, Sevista’s CEO. “
In 2005, Sevista added 43 new clients to its roster. Prominent clients included nationally-based companies in the home construction, fast-food retail, and commercial real estate and network television industries. In Q1, Sevista added 29 new clients, most notably a first-tier national retailer and a Top-20 market U.S. newspaper.
Wallace added, “We’ve continued with very consistent revenue growth, released an innovative new version of our application, taken big steps forward in servicing a variety of clients, and most importantly our key strategy has remained the same - innovation and execution geared toward delivering increased value to clients and shareholders alike.”
About Sevista Technologies
Sevista Technologies is a leading developer of eMarketing solutions. The Sevista platform is a web-based ASP application that enables users to create and manage fully branded HTML eMarketing campaigns while providing the ability to track results in real-time. Sevista currently deploys campaigns for clients in a wide range of industries such as banking, retail, government, technology, commercial real-estate, non-profit, recreation, media, and facilities. Sevista recognizes each client's goals are unique and is committed to working closely with clients to ensure the success of their individual eMarketing initiatives. For more information, visit http://www.sevista.com.