Aquire Kicks Off 2010 with Record Growth

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Q1 sales up 122 percent as the company increases new hires to start the year

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The success we experienced in Q1 is proof that we have the mission critical workforce planning and analytics solutions companies need to succeed in the future

Aquire, the leader in workforce planning and analytics solutions, today announced record quarterly revenue and profits with Q1 sales up 122 percent over the same period last year. International sales experienced a healthy increase of 48 percent, while North America revenue drove the lion’s share of the 122 percent year over year increase in Q1. In addition to revenue growth, the company’s workforce grew by 12 percent with the addition of critical new hires in the areas of development, professional services and information technology.

Key customer wins in the first quarter include Weatherford International, Brookshire Grocery Company, Province of Manitoba, AOK Bundesverband, Oregon Health & Science University, Caixa d’Estalvis I Pensions de Barcelona, Eandis, Nova Scotia Department of Health and many others.

“Although the economy remains somewhat tight, the healthy growth we’ve experienced this quarter is encouraging and tells us that companies are making their way back to profitability. The success we experienced in Q1 is proof that we have the mission critical workforce planning and analytics solutions companies need to succeed in the future,” said Tom McKeown, president and COO of Aquire.

In product news, Aquire released new versions of their highly successful OrgPublisher Modules in Q1. The all-new Version 2.0 of each module – Succession, Modeling and Integrity – include a multitude of significant new features that enable customers to improve the way they manage succession planning, workforce modeling and data integrity initiatives.

In Q1, Aquire continued to make a strong presence at trade shows and conferences including the HCI Talent Management Human Capital Summit in Tucson, Ariz.; the SAP HR 2010 trade show in Orlando, Fla.; and a customer event co-hosted by Accenture at Wembley Stadium in London. Additionally, Ross Melbourne, CTO and co-founder of Aquire, spoke at the UK Oracle User Group (UK OUG) Human Capital Management SIG Meeting in Slough, England. Aquire also hosted its popular “Uncorked” customer event in Atlanta to showcase the new modules.

Finally, Aquire’s commitment to corporate culture was recognized yet again by recently being named to “Best Companies to Work for in Texas 2010” for the fourth consecutive year in a feature published by Texas Monthly.

About Aquire
Aquire is a leading provider of workforce planning and analytics solutions. From organizational charting and analytics to workforce modeling, succession planning, data integrity, and more – Aquire solutions increase information visibility, expedite decision making and streamline HR initiatives. American Airlines, Barclays Bank PLC, Fiat, Braun Gillette, Colgate-Palmolive, Nestle UK, Shell Oil, Verizon, and Mercedes-Benz are just a few of the more than 2,700 organizations in 125 countries that rely on Aquire solutions to manage data for 10 million working professionals worldwide. Visit us today at http://www.aquire.com or, for the latest in workforce management opinions and trends, blog.aquire.com.

Media Contact:
Andy Baron
PAN Communications Inc.
+1-978-474-1900
abaron(at)pancomm(dot)com

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