Broadwick Announces Record Year

Online communications company more than doubles its customer base to 7500 and sales to nearly $3 million, while adding 25 new jobs.

Durham, NC (PRWEB) January 27, 2007 -- Broadwick Corp. today announced its end-of-the year results for 2006, showing an increase in customers of 104%, from 3706 to 7580 and growing annual sales over 120% to $2.9 million. Fourth quarter sales came in at $1.05 million and the company has a current annual-run rate of $4.53 million.

Broadwick sent out more than 621 million permission-based emails on behalf of its customers and added 25 new jobs during the year, growing its team from 18 to 43 employees in 2006 .

Version 4.0 of the Company's IntelliContact email marketing software was released in August and IntelliContact Enterprise, designed for mid-sized and larger organizations, was released in December. IntelliContact 4.0 allows businesses, non-profit organizations, and associations to easily create, send, and track email newsletters, surveys, autoresponders, RSS feeds, and blogs.

With the $500,000 capital raised from NC IDEA in May 2006 Broadwick was able to invest in profitable customer growth, increased development, and growing the team while maintaining a positive operating cash flow in the second half of the year.

Ryan P. Allis, co-founder and Chief Executive Officer of Broadwick commented, "Our growth in 2006 was above projections. We saw a very strong fourth quarter pushed forward by our new product releases, a marketing increase, and high political and retail email volume due to the election and the Holiday season. We have been fortunate to have been able to put together a rockstar team over the past four years and without them our success to date would not have been possible. We are very excited to enter 2007 moving full steam ahead toward our mission of becoming the leading worldwide provider of on-demand communications software."

Broadwick recently announced it will be seeking $4 million in additional investment capital in mid-2007 to invest further in customer acquisition, product development and adding to a world-class management team.

The phenomenal growth of the company continues into 2007, with the customer count as of the third week in January already more than 8,000.

About Broadwick

With over 8000 customers, IntelliContact allows organizations of all sizes to easily create, send, and track email newsletters, RSS feeds, and blogs. Market leaders like Vonage, Symantec, International Paper, LG Electronics, ReMax, United Colors of Benetton, and Centex Homes, use IntelliContact to build stronger relationships with their customers and prospects at a fraction of the cost of traditional marketing methods. IntelliContact 4.0, designed for the SMB market and IntelliContact Enterprise, designed for mid-sized to large organizations, are both available at www.intellicontact.com

For media inquiries, including free software reviews, contact Chuck Hester, APR, Director of Corporate Communications, chuck -at- broadwick.com or (919) 459-1451.

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