Wasp Barcode Technologies Shows Steady Progress in Third Quarter
Small businesses remain cautious, but still investing in technology solutions
Plano, TX (Vocus/PRWEB ) November 6, 2009 -- In an economic climate filled with challenges and uncertainty, small businesses are still investing in technology solutions. As a result, Wasp Barcode Technologies saw growing interest for its solutions in the third quarter, creating improved sales and strong profitability.
Wasp has seen revenue increase steadily throughout 2009. The third quarter continued this trend, with sales up slightly over the second quarter. During the second quarter, revenue rose 26 percent over the first quarter. In both the second and third quarters, sales were down compared to the same periods in 2008.
“The economic recovery will take time. We expect it to last well into 2010,” said Tom O’Shea, general manager for Wasp. “That’s why small businesses should invest in affordable productivity solutions now. They have an opportunity to save money in the coming months and will be positioned for growth as the economy improves.”
In the third quarter, Wasp’s value-added resellers (VARs) provided a bright spot with a revenue increase of 8 percent. This reaffirms Wasp’s strategy to reach small businesses through trusted IT professionals and partners, O’Shea said.
“Small business owners and managers are experts in their own right – but they typically don’t have the time or expertise to evaluate complex technology or implement challenging, enterprise-oriented productivity solutions,” O’Shea added. “That’s why we are teaming up with a wide range of VARs that specialize in helping small businesses. These are trusted resources that can help companies choose and implement Wasp solutions that will fit their needs: affordable, easy to implement, and fast payback.”
To further support this strategy, Wasp has been sponsoring and attending a full slate of trade shows catering to VARs and customers.
“Part of the challenge in the small business sector is making the business owner aware that affordable solutions exist. Getting into the street with our partners and customers goes a long way toward demonstrating how quickly benefits can be achieved using Wasp solutions,” O’Shea said.
About Wasp Barcode Technologies
Wasp Barcode Technologies provides data capture and tracking solutions designed specifically for small business. Products include inventory control, asset tracking, time and attendance, barcode scanners, barcode printers, and point of sale (POS) solutions. Wasp products help small business owners manage their companies more efficiently with improved productivity and profitability. Learn more at waspbarcode.com or call 866-547-WASP (9277).
Contact:
Lesley Hensell
pr (at) waspbarcode (dot) com
817-797-0910
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