Alchemy Systems Named to the Top 10 Fastest Growing Private Companies

Significant Growth Establishes the Alchemy Systems Software Company as a Leader in its Community

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Austin Business Journal's Fastest 50 Growing Private Companies

Austin, TX (PRWEB) October 20, 2008

Alchemy Systems, a provider of technology and multimedia training for production personnel, was announced as one of the top ten fastest growing private companies by the Austin Business Journal. Rankings are determined by the average revenue growth of combined net revenue figures from 2005 to 2007. During this time, Alchemy averaged an impressive growth rate of 54%.

"It is an honor for Alchemy to be recognized in the Fast 50 by the Austin Business Journal. Our employees work very hard to ensure satisfied customers and we have very high renewal rates as a result of these efforts. Our great software products and service has allowed Alchemy to grow so that over a 1,000,000 people per year are using our various products." said Jeff Eastman, CEO of Alchemy Systems.

Most of Alchemy's growth has been attributed to success in relatively un-served market niches that need affordable resources to improve the education of their workforce. To meet these needs in commercial industries, Alchemy offers the SISTEM training platform. SISTEM is used to provide food-manufacturing facilities currently facing tremendous liabilities associated with food safety, stricter regulations and rapidly changing employee demographics, with a powerful tool for efficiently delivering and documenting critical compliance training. SISTEM is also widely used by government workforce boards to educate job seekers on the soft-skills training required for entry-level job applicants. Since its release in 2003, SISTEM has been used to train over a quarter of a million people in the North American workforce.

Another significant part of Alchemy's success has been in the academic market where Alchemy supplies a professional development management system (PDMS) called Avatar PDMS. Avatar PDMS supports school district's initiatives to retain and nurture its personnel through online professional development programs. By automating the functionality of creating, delivering and managing their professional development activities, school districts are freed up to focus more on creating Highly Qualified staff and affecting student improvement efforts. Avatar PDMS is now in use nationwide by close to a half a million teachers and administrators.

About Alchemy Systems:
Alchemy Systems, based in Austin, Texas, develops multimedia technology solutions for fostering talent development in the global workforce. Courses are delivered and managed through a unique group-based training platform or as individual e-learning courses through a web-based learning management system. Alchemy's course catalog includes interactive educational media and covers topics such as job search, career readiness, industrial safety, mandated training, basic supervision, customer service and job success skills, as well as industry-specific training courses. More information about Alchemy is available at http://www.alchemysystems.com.

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