Riversand Records Over 50% Revenue Growth in 2011

Company expands to new, larger corporate headquarters to support new leadership, employees, customers, partners and growing global operations.

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Riversand's New Corporate Headquarters

“Riversand has significantly grown its operations to match the success we have seen in the market,” noted Santi Darmodjo, Riversand’s COO.

Houston, TX (PRWEB) May 21, 2012

Riversand Technologies Inc., a world-wide leader in Product Information Management (PIM), Master Data Management (MDM) and Data Quality (DQ) solutions, today announced impressive revenue growth results for 2011. The company enjoyed a greater than 50% year-over-year increase in annual revenue due to increased demand for its solutions and greater market reach.

Fueled by Sales & Marketing execution, an on-going international expansion, a focus on partnerships and customer wins with large, strategic companies, 2011 represented a record sales year for Riversand. During the year, Riversand took advantage of significant momentum in the consumer markets space specifically in the Retail, Consumer Manufacturing and Health/Pharmaceutical industries. And with new offices now opened in Munich and Zurich, the company’s European expansion has already contributed to the company’s success. Early results indicate 2012 will be an even better year for the company. As a result, Riversand has grown its leadership team and global employee headcount to meet market demand for its software and services.

Due to its growth, the company also announced today that it has expanded into a new global headquarters located at 2929 Briarpark Drive in the Westchase area of Houston, Texas USA. The new office space is more than double Riversand’s prior location and will support recent and future employee hires in the company’s Professional Services, Support, Engineering, Pre-Sales, Administration, Business Development and Marketing & Sales organizations. The company officially completed its move into the new facility on May 18th, 2012.

“Riversand has significantly grown its operations to match the success we have seen in the market,” noted Santi Darmodjo, Riversand’s COO. “We will continue to grow and hire highly skilled resources which augment our core corporate competencies and add value to our relationships with clients”.

About Riversand Technologies, Inc
Riversand Technologies Inc. is a leading provider of Product Information Management (PIM), Master Data Management (MDM) and Data Quality solutions for leading companies throughout the world. Customers include VF Corporation, Bed Bath & Beyond, PC Connection, Bluestem Brands, Overstock.com, Schneider Electric, Siemens, Teva Pharmaceutics, ConocoPhillips, and ExxonMobil. Riversand’s PIM and MDM solutions allow these clients to manage accurate, timely & up-to-date information throughout their supply chains. Benefits of Riversand’s solutions include accelerated time-to-market, vendor data on-boarding, product assortment growth, facilitated mergers & acquisitions, enhanced cross-channel customer experience, 360-degree view, richer data, better merchandising, improved fulfillment, orchestrated workflow, more accurate business intelligence and enhanced customer service. For more information please contact Riversand at (713) 934-8899 or visit http://www.riversand.com


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