CUSTOMER SUCCESS DRIVES CROWNPEAK MOMENTUM IN
2007
Q307 Finishes as
21st Consecutive Profitable Quarter
Los Angeles, CA – October 2, 2007 – CrownPeak, the company
defining the future of content management, announced today significant customer
momentum and continued revenue growth. Due to CrownPeak’s cost-effective and
easy-to-implement solution, over a dozen new, diverse organizations chose to
sign with the company over the last three quarters. These customers include a
financial services company with more than $150 billion under management, one of
the world’s leading music publishing companies, one of the largest non-profits
dedicated to the protection of animals, and America’s
leading manufacturer of store brand vitamins and nutritional supplements.
Most notably, CrownPeak has seen a 65
percent quarterly revenue growth, year over year. This past quarter marks the
company’s 21st quarter of sustained growth, due to the success of
CrownPeak’s content management and online marketing platform. Additionally,
CrownPeak has now packaged their industry-leading support into a structured
methodology called their LifeLong Active support. Throughout 2007, more than 50
percent of CrownPeak’s customers added an additional project or service to their
existing software service – validating CrownPeak’s valuable services.
Staying ahead of technology innovation and
broadening the services it offers to customers, CrownPeak added Web 2.0
capabilities to its Web Site Management solution including blogs, RSS, podcasts
and social networking. With these functionalities, customers can utilize
CrownPeak’s CMS solution to manage workflow of corporate blogs, simplify the
process of publishing digital assets such as audio and video files and allowing
customers to drive outbound communication by enabling Web sites to posts
comments on blog pages.
During the first half of 2007, CrownPeak received significant
industry honors. In February 2007, CrownPeak was selected as one of the world's
top 25 application service providers (ASPs) by ASPnews, an online publication devoted
to news and analysis for application and Web services. The company was also
named a 2007 Codie Awards finalist in the “Best Content Management Solution” and
“Best Software as a Service Solution” categories. The Codie Awards honor
outstanding achievement in the software, digital information and education
technology industries. Finally, for
the second year in a row, CrownPeak was named a finalist for the American
Business Awards in the “Best Customer Service Organization” category.
To meet growing market
demand, CrownPeak continues to expand its expert management team with
executives, who combined, have more than 20 years’ experience managing and
selling enterprise software. Most recently, Chris Staskus was named Vice
President of Sales and Mark Zoeckler was named Vice President of Professional
Services.
"The first half of the year proved to be
strong and successful thanks to the dedication of our employees and continued
customer satisfaction,” said CrownPeak CEO Jim Howard. “I am certain the company
will continue this momentum for the remainder of the year. I’m especially
excited about our new innovative strategic initiatives regarding online
marketing and digital marketing solutions that we’ll roll out in the fourth
quarter and into the early part of 2008.”
About CrownPeak
CrownPeak is defining the future of content management with its
cost-effective, easy-to-implement software services for enterprise-level Web
content management and site search. As the only solution to offer best-of-breed
integration with email, CRM and analytics, CrownPeak’s 360° Site Management
gives Web site managers complete control over the critical functions involved in
delivering a successful, revenue-driving Web site.
Enterprises and
vertical organizations such as Crain Communications, Trek Bicycles, Hyundai
Motors, the State of Virginia and the EMI Music have realized the
value in CrownPeak’s 24x7 customer support and guaranteed response times.
CrownPeak has been named to EContent's 100 most influential companies list, has
won eWeek's prestigious Analysts Choice Award and InfoWorld’s Product of the
Year Award and has been named an SIIA Codie Award finalist for Best Content
Management System every year since 2003.
Media Contact:
Becky
Caudill
SHIFT
Communications
415-591-8418
bcaudill@shiftcomm.com
