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TEMIS Exceeds Revenue Targets for 2008

Posted on: Thursday, 29 January 2009, 08:01 CST

PHILADELPHIA, Pennsylvania, January 29 /PRNewswire/ -- TEMIS, leader in Text Analytics solutions for the Enterprise, today announced its consolidated non-audited financial results for the fiscal year ended December 31, 2008. TEMIS achieved 2008 revenue above $9 million, compared to its previous financial year of $6.3 million, reflecting an overall growth of 44% and over-achieving the company's objectives. Software license revenue rose by 73% in 2008 to now represent 71% of TEMIS global revenue, including maintenance.

TEMIS reports an average growth over the past three years of 35% per year and thus confirms its position as the #1 Text Analytics Independent Software Vendor.

"We have been equally successful In North America and in Europe and each of our four business units (Media & Publishing, Life Sciences, Enterprise and Homeland Security) over-achieved its target thanks to the trust of prestigious new references and our existing customers," stated Eric Bregand, CEO of TEMIS.

TEMIS Inc., the US subsidiary, signed new prestigious customers among which Elsevier Health Science, EMC Documentum, The McGraw-Hill Companies, and Nature Publishing Group.

TEMIS GmbH, the German subsidiary, has demonstrated strong performance in the Life Sciences vertical, helping leading corporations like BASF, Bayer Shering Pharma, Boehringer Ingelheim, Merck KGaA, and Roche Diagnostics accelerate their product innovation.

TEMIS also closed significant license deals in Switzerland, Benelux, UK and Southern Europe.

In June 2008, TEMIS unveiled Luxid(R) 5.0, a major release of its flagship information intelligence solution. Over 500 attendees welcomed Luxid(R) new powerful capabilities during the Luxid(R)'s launch tour in New-York, Paris, Dusseldorf, Frankfurt, Stuttgart and Munich.

In 2008, TEMIS was named a Codie Award finalist for Best Enterprise Search Engine and Best Business Intelligence & Knowledge Management Solution. TEMIS was also named Independent Software Vendor of the Year 2008 in EMEA by EMC Documentum.

Throughout the year, TEMIS added new prestigious corporations to its customer portfolio like BASF, Editions Francis Lefebvre, Elsevier Health Science, EMC Documentum, French Ministry of Defense and French Ministry of Finances, INPI (French Intellectual Property Organization), The McGraw-Hill Companies, Nature Publishing Group, and Philip Morris International. During the year, TEMIS also extended business relationships with its leading customers (Bayer Shering Pharma, BNP Paribas, Boehringer Ingelheim, Coface, Convera, Europol, LexisNexis, Merck KGaA, Novartis, Roche Diagnostics, Roquette, Solvay, and Thomson Reuters).

In 2009, TEMIS will sustain its growth and extend its footprint through strategic partnerships, with the goal to deliver additional targeted solutions to its customers and reach out to new geographies.

About TEMIS

Founded in 2000, TEMIS is the leading provider of Corporate Text Mining and Text Analytics software solutions for the Enterprise. TEMIS addresses the unstructured data management needs of Corporations (Life Sciences, Publishing or Manufacturers) and Governments, in environments where information processing is critical such as Competitive Intelligence, CRM, Scientific Intelligence, IP Management, Quality Management and Homeland Security.

TEMIS solutions help thousands of users everyday gain immediate access to business critical information, using entities and relations extraction, automatic classification and semantic navigation, in order to reduce information overload.

http://www.temis.com

SOURCE TEMIS

Source: PR Newswire

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