Navigation Links
Record Revenue Growth for Medical Device Software Consulting Firm Full Spectrum Software
Date:10/14/2009

Medical device and life sciences software engineering consulting firm Full Spectrum Software reports 35% growth in year over year revenue. The company has added 8 new clients, nearly half of them are venture capital backed start-ups.

Southborough, MA (Vocus) October 14, 2009 -- Even in a down economy, Full Spectrum Software is reporting major growth in revenue of 35% from the previous year. Andrew Dallas, the company’s CEO notes that even with many medical device and life sciences companies holding off on R&D spending, the company is still far ahead of even its own internal projections. “I’ve been fortunate to have been able to add two key sales and marketing executives to my team and they have made significant contributions in aligning our sales strategy to identify key opportunities for us. We’re forecasting even stronger growth going into Q-1 of next year because our customers are telling us there is a growing backlog of projects that are falling behind and will have to get funded. Most of our customers and prospects are telling us that Q-1 will be the tipping point for those frozen R&D budgets that simply have to thaw out.”

Andrew Dallas also commented, “Being in this business for nearly 14 years helps a great deal as we have a large and loyal client base. In addition, our sales and marketing team are finding very large software engineering and QA projects with great clients who have truly amazing technology. We’re actually working with more venture capital backed companies than we ever have. I think that’s because the truly breakthrough technology is getting funded even in very challenging times. In addition, medical device companies whose products offer hospitals immediate ROI and are not considered a capital expenditure are also doing very well. We are developing software for medical device companies that are developing remote patient monitoring systems and that business segment is growing rapidly. Medical device companies that can deliver diagnostic or other types of clinical data to the physician faster and more accurately have been very successful in 2009.”

About Full Spectrum Software. Founded in 1996, the company is a highly specialized software engineering and QA consulting firm that works exclusively with medical device and life sciences companies. More information about the company's broad portfolio of technical expertise can be found http://www.fullspectrumsoftware.com.

###

Read the full story at http://www.prweb.com/releases/2009biotechnology/10software/prweb3040994.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related biology technology :

1. Tianyin Pharmaceutical Co., Inc. Reports Record Fiscal 2009 Financials With $7.9 Million in Net Income
2. Signatec Unveils PX14400, Its High-Speed PCI-Express Digitizer Capable of Sustained Recordings Over 1.2 GB/s with Xilinx Virtex-5 FPGAs for Embedded Real-Time Processing
3. New Jersey Surgery Centers Pick Health Informatics Consulting to Implement Patient Electronic Health Record Systems
4. China Sky One Medical, Inc. Announces Record Second Quarter 2009 Results
5. American Medical Informatics Association (AMIA) Submits Comments to Hit Policy Committee About Meaningful Use and Electronic Health Record Certification
6. Cornerstone Therapeutics Inc. Announces Record Date and Meeting Date for Special Meeting of Stockholders for Vote with Respect to Charter Amendments
7. Kewaunee Scientific Reports Record Results Net Earnings for Year Increase 36%, Sales Increase 16%
8. Neptune Technologies Reports Fiscal 2009 Results - Record revenue and profitability growth in nutraceutical business
9. Yongye Biotechnology Distributor has Record Breaking Single Store Sales Day
10. CryoLife Reports Record First Quarter Revenues of $26.7 Million
11. 2008 a Record Year for Gerresheimer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2017)... , ... May 23, 2017 ... ... premier provider of high quality relocatable and permanent modular buildings, announced the ... management tools and modern office design characteristics to help support on-site teamwork ...
(Date:5/23/2017)... ... 2017 , ... A recent survey conducted by the Weed Science Society of ... in 12 categories of broadleaf crops, fruits and vegetables, while common lambsquarters ranks as ... Canada participated in the 2016 survey, the second conducted by WSSA. A 2015 ...
(Date:5/23/2017)... ... May 23, 2017 , ... Vortex Biosciences , provider ... isolation of prostate circulating tumor cells using Vortex microfluidic technology ” in Nature Precision ... collaboration with Dr. Dino Di Carlo and Dr. Matthew Rettig at the University of ...
(Date:5/23/2017)... ... May 23, 2017 , ... Customers often prefer ... again and again. METTLER TOLEDO has released two new videos that show how ... integration of the ACT350 into Siemens and Allen Bradley PLCs is easy and ...
Breaking Biology Technology:
(Date:4/19/2017)... 2017 The global military biometrics ... marked by the presence of several large global players. ... five major players - 3M Cogent, NEC Corporation, M2SYS ... nearly 61% of the global military biometric market in ... global military biometrics market boast global presence, which has ...
(Date:4/13/2017)... 2017 UBM,s Advanced Design and Manufacturing event ... emerging and evolving technology through its 3D Printing and ... alongside the expo portion of the event and feature ... focused on trending topics within 3D printing and smart ... event will take place June 13-15, 2017 at the Jacob ...
(Date:4/11/2017)... Research and Markets has announced the addition of the ... ... to grow at a CAGR of 30.37% during the period 2017-2021. ... been prepared based on an in-depth market analysis with inputs from ... prospects over the coming years. The report also includes a discussion ...
Breaking Biology News(10 mins):