BlueCielo Reports Strong Results for 2008

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Net revenue grows more than 37% with double digit growth in license, maintenance and services revenue.

BlueCielo ECM Solutions, a leading global software company offering Engineering Content Management (ECM) solutions, announced today that it has achieved strong financial results for 2008. Net revenue grew more than 37% to $18.3 million and the net profit increased by 5% to $3.4 million.

License revenue grew by 23%, maintenance revenue by 23% and services revenue by nearly 90%. Sales revenue in both the EMEA and North American markets grew more than 30%.

Martijn Janmaat, CEO of BlueCielo ECM Solutions, explains the company's strategy of becoming the leading engineering content management solution for owner/operators is paying off. "Our focus on providing solutions to help our customers leverage engineering content to manage their enterprise assets is paying off," Janmaat said. "In these challenging economic conditions our customers have an urgent focus on increasing business efficiency, decreasing plant costs and improving regulatory compliance. Our solutions are helping address these strategic issues for process, power and infrastructure companies."

About BlueCielo ECM Solutions:
BlueCielo ECM Solutions provides Engineering Content Management and Application Integration solutions for owner/operators in multiple vertical industries including energy, oil & gas, petrochemical, government, pharmaceutical, and discrete and process manufacturing. BlueCielo has more than two decades of industry experience with over 275,000 users in 50+ countries worldwide. The company has offices in Brazil, Germany, the Netherlands, Russia, UK and USA, together with an extensive global network of established partners. BlueCielo ensures a high level of service and support on a truly worldwide scale for its leading software solutions InnoCielo Meridian Enterprise, InnoCielo ImandrA for IBM FileNet and InnoCielo TeamWork. For more information, please visit http://www.bluecieloecm.com, or call (800) 531 2287 (toll-free from the USA), +1 610 524 1311 (Americas) or +31 (0)70 413 3700 (EMEA).

BlueCielo and InnoCielo are registered trademarks of BlueCielo ECM Solutions. All other brand names, product names, or trademarks belong to their respective holders. © 2009 BlueCielo ECM Solutions. All rights reserved.

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