Anacomp, Inc. Reports FY15 Q2 Results Ending March 31, 2015
CHANTILLY, Va (PRWEB) June 02, 2015 -- Anacomp, Inc. (OTCBB: ANMP) announces final results for the quarter ended March 31, 2015. For the three and six months ended for 2015, Anacomp, Inc. increased its revenue compared to the previous year by $932,000 or 51% and $1,235,000 or 31%, respectively. Anacomp, Inc. attributes this growth from the continued adoption of the WorkSmart program and additional services, which have increased margins for the three and six months ended compared to the prior year, which were 44% versus 33% and 46% versus 39%, respectively. As a result of the company’s ascent and higher value offerings, the net income for the three and six months increased compared to 2014 by $475,000 and $546,000, respectively.
Anacomp, Inc. is on the rise with positive feedback from consumers relating to the solutions they provide in the public and commercial sectors. Their unique Lean Six Sigma methodologies (WorkSmart) are proving to be a top solution to address many challenges such as operational inefficiencies, waste, information governance issues and manual, delayed business processes.
Thomas P. Cunningham, Chief Executive Officer of Anacomp stated, “We are very pleased with the receptivity of our offerings in the market as a clear indicator that we are providing high value solutions to our customers’ most pressing business problems. Our increase in sales and new customer acquisition in our targeted sectors have delivered the anticipated revenue growth and our high value service offerings contribute higher margins as our product and service mix changes.”
Anacomp’s offerings, Valise for Mortgage and Valise for Accounts Payable, have also been successful in solving the common problems that businesses face today. These high value solutions eliminate costly mistakes due to compliance or quality issues by automating the classification of documents and extraction of important data, and manages the entire information life-cycle from beginning to end.
Anacomp’s additional business process and automated document management systems xWrench (Data Extraction, Indexing and Classification) and xForm (Document Preparation, Scanning and Conversion), are continuing to show a tremendous value to its government and commercial customers. Anacomp, Inc. strives for innovation and continuous process improvement with their products and solutions for complete customer satisfaction.
“We will continue to invest in the development of technology and process solutions to help our customers maximize the value of their information, while achieving greater operational efficiency while managing cost and risk,” concluded Mr. Cunningham.
About Anacomp, Inc.
Anacomp, Inc. is a document management company with over 50 years of experience providing business process and strategic consulting solutions that improve document centric workflows and enable beneficial outcomes for their customers. Anacomp, Inc. provides solutions to transform business processes, with a structured approach to evaluate, innovate and optimize business operations. The company’s business process management solutions are secure, cloud-based, and mobile ready to execute your business anytime, anywhere, and on any device. Anacomp Inc.’s success is built upon proven infrastructure, powered by the use of best-in-class technology, and perfected by the experience and dedication of its people.
Anacomp, Inc.
Tom Cunningham, Anacomp, Inc, http://www.anacomp.com, +1 (703) 234-3900, [email protected]
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