Jolly Fiscal Year 2011 Revenue up 23%

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Jolly Achieves Record Annual Revenue

Jolly Technologies, the world's #1 identity software company, announced record sales for the fiscal year ending February 28, 2011. Revenue for the year was up 23% over FY 10.

Today Jolly Technologies, the world's #1 identity software company, announced record sales for the fiscal year ending February 28, 2011. Revenue for the year was up 23% over FY 10.

“We had a huge year for development and marketing,” said Sandeep Jolly, President of Jolly Technologies. “We released 12 new software editions and spent a lot of our resources integrating Jolly software with 3rd party systems and devices. We integrated with Lenel, AMAG, Brivo, S2, DSX and Maxxess access systems. We integrated with Canon flash cameras, E-seek license scanners, and Opticon mobile barcode readers. We introduced the Jolly Encoder for encoding contact and contactless chips using Fargo and Evolis ID card printers. We enhanced support for Oracle database integration. We integrated with government watch lists from the United States, Canada, United Kingdom, European Union, Switzerland, Israel, Australia and Japan through a partnership with MK Data. Along the way we added dozens of new features, based on customer requests, and re-architected the products to handle billions of records at lightning speeds.

“Last year we laid the groundwork for continued growth in FY 2012. In the next year we expect to capitalize on this investment, along with our many new technology partners. We will continue to grow or distribution and dealer networks around the world. Our workforce continues to expand and, thanks to their hard work, we have an exciting schedule of new product lines under development that should be announced in the first half of this year.”

About Jolly Technologies
Jolly Technologies, founded in 2000, develops and distributes a suite of secure identification software products, including ID Flow, the world's #1 identification software, Lobby Track visitor/entry tracking software, Asset Track asset management software, Label Flow barcode label software, and a variety of other custom security products. As the recognized leader in the rapidly growing secure identification market, Jolly Technologies is partnered with the industry's largest hardware manufacturers to offer complete solutions through our channel partners. Based in San Carlos, California, Jolly Technologies is one of the world's fastest growing software companies. For more information, visit http://www.jollytech.com or call toll-free 1-888-25-JOLLY.

© 2011 Jolly Inc. All rights reserved. All other trademarks are the property of their respective owners.

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KURT BELL
Jolly, Inc.
650-594-5955 ext. 115
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