PhotoBin Announces 1,238% Revenue Growth

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PhotoBin today announced results for the second quarter of fiscal year 2012. Revenue was up 1,238% year-over-year, making 2Q 2012 the best quarter in company history.

Photo Products and Services

Launched in 2008, PhotoBin’s focus is on custom photo products, personal photo websites, and digital conversion services. Its most popular custom photo product is a variety of photo books.

Our second quarter sales numbers provide solid evidence of the demand we’ve seen to provide ways for people to create life stories with their photos in photo books versus traditional albums,” said CEO and Founder Steve Weber.

PhotoBin a privately-held Internet photo products and services company, today announced results for the second quarter of fiscal year 2012. Revenue was up 1,238% year-over-year, making 2Q 2012 the best quarter in company history. Additional achievements over the one year time period include PhotoBin doubling its office space and tripling its number of employees to more than 60. This 2Q growth report is the first since the company’s founding.

Launched in 2008, PhotoBin’s focus is on custom photo products, personal photo websites, and digital conversion services. Its most popular custom photo product is a variety of photo books. PhotoBin’s digital conversion services help people preserve and recreate their past while memorializing family legacies.

According to Trendwatching.com, one of the world’s leading consumer trends firms, sharing an experience may become as valuable, if not more valuable, than the actual experience itself. PhotoBin products and services directly meet the marketplace need for preserving and sharing these memories. 6Sight – The Future of Imaging, an independent center of experts on imaging technology, reports the worldwide user base of cameraphones is approaching four billion – with hundreds of millions photos being taken daily.

“Our second quarter sales numbers provide solid evidence of the demand we’ve seen to provide ways for people to create life stories with their photos in photo books versus traditional albums,” said CEO and Founder Steve Weber. “Much of our future growth will be based on the growth of cameraphones. We plan to make is easy to get those millions of photos into engaging personalized formats, from mobile apps to new and unique print alternatives.”

About PhotoBin
Founded in April 2008, San Diego-based PhotoBin helps people enjoy, share, preserve, and have fun with their photos and memories. Today PhotoBin offers popular custom photo products, personal photo websites, and digital conversion services. The future revolves around the creation of engaging photo products, including mobile apps, and a new and unique story-telling photo printing alternative. For more information, visit http://www.photobin.com.

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Susan Almon-Pesch
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