Macadamian, an Ottawa Region Success Story, Achieves Record Growth in Fiscal 2011

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Leading developer of software products expands offices and doubles Ottawa-based staff.

These results clearly validate our value proposition combining research-based design and software innovation.

Macadamian, a global leader in software product creation, today announced record revenue growth during its fiscal 2011 period. For the fiscal year ending September 30, 2011 the company achieved a 62% increase in revenue, capping seven quarters of successive growth.

This momentum confirms Macadamian as an Ottawa region success story and a global leader in software product strategy, design and development services. In particular, mobile applications have become central to the company’s recent success building upon its depth in iOS and Android design.

"We're absolutely thrilled by these results, which clearly validate our value proposition combining research-based design and software innovation," said Frederic Boulanger, CEO and co-founder of Macadamian. "Our employees are building products for clients that include some of the largest brands in the world. It is an exciting time to be at Macadamian!”

Record revenue growth was matched in fiscal 2011 by an increase in global staff from 95 to 174 employees. This includes a doubling of staff in the Ottawa region where the company has been previously recognized as an Employer of Distinction as one of Ottawa's Top 10 best places to work. Since opening a new headquarters in Gatineau in February 2010, Macadamian has expanded into 3 additional buildings in the vicinity. The company also recently announced the opening of a new design and development office in San Mateo, California.

About Macadamian
Macadamian is a global leader in software product creation providing a complete range of product strategy, user experience design and software engineering services to clients around the world, including industry leaders like HP, Cisco, Genband, Avaya, and Adobe. For established and emerging technologies and platforms, Macadamian has a track record of helping clients create successful products on Android, iPhone, iPad, Web 2.0 & RIA, Windows 7, and Mac OS X. Additional information is available at http://www.macadamian.com or by following Macadamian on Twitter and LinkedIn.

Press Inquires
Doug Michaelides, VP of Marketing: dmichaelides(at)macadamian(dot)com 613-355-4181

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Doug Michaelides
Macadamian
1-613-355-4181
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