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XTRF™ to achieve a record-breaking financial result for the first half of 2011

XTRF Management Systems Ltd. has totalled up its financial result for the first quarter of 2011 – the company reached the best half-yearly result ever, exceeding the 2010 annual receipts within the first six months of this year!

July 27, 2011 - PRLog -- Such an outstanding financial result is attributable to the effective company and system development strategy and the rapidly rising number of new customers.

The last few years were a remarkable development period of both the company and the XTRF™ system itself: the year 2010 saw the introduction of the new version – XTRF™ 2.0 – with the system thoroughly reengineered and the application of state-of-the-art technological solutions contributing to the system’s new developmental possibilities. The new version has perfectly matched the needs of the market, winning the recognition of the translation sector and the increasing number of customers. The year 2010 closed with the best financial result in the history of the company. The direction of the company’s development, as well as the market’s increasing interest in the system, however, enabled the exceeding of this result: the company achieved the 2010 result as soon as in the middle of 2011. The achievement of such outstanding revenue and the rapidly growing number of XTRF™ customers also resulted in XTRF’s expansion (the support and product development sections), as well as the relocation of the company’s headquarters – on 1 July 2011, XTRF Management Systems moved to a new, much more spacious and modern office at 51 Kamieńskiego Street in Krakow.

The second half of the year looks just as promising, with plans in place to introduce the next innovative functions, develop and implement new integrations, as well as intensify operation in the American and Asian markets.

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Source:XTRF Management Systems
Industry:Business, Services, Software
Tags:Translations, Localization, Translation Management System, Cat
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