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ExecuTRACK achieves record results with 31% global sales growth in 2004

ExecuTRACK achieves record results with 31% global sales growth in 2004
Software company continues to gain strategic advantage in a highly-competitive & international market

With worldwide sales growth of over 31% for the fiscal year 2004, ExecuTRACK far exceeded expectations for the year. This positive result was due in part to the decision of prominent companies and institutions such as Dupont, McDonalds, Pearson (Financial Times, Penguin), SBC, Thames Water, The New York Times, and the University of California LA for ETWeb™ Enterprise, the complete suite for strategic Talent Management. To extend global support new offices have opened in London (Great Britain), Copenhagen (Denmark), Austin (Texas/USA), and Melbourne (Australia) in the past year. The list of international distributors has also been extended now including Spain and Jordan.

Managing Director Dr. Andreas Hoynigg reflected the positive developments: "We're very satisfied with the results for 2004. Sales and profit targets were substantially exceeded. Our efforts in setting ExecuTRACK on a course of innovation and growth have really paid off. And with the addition of many new employees, we're clearly bucking the industry trend."

"We believe that by systematically expanding our portfolio of strategic talent management solutions, we can realize substantial sales increases in 2005," said Dr. Hoynigg.
 
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