Navigation Links
Record Revenue Growth for Medical Device Software Consulting Firm Full Spectrum Software

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


Read the full story at

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:
(Date:6/27/2016)... 2016  Global demand for enzymes is forecast ... to $7.2 billion.  This market includes enzymes used ... biofuel production, animal feed, and other markets) and ... Food and beverages will remain the largest market ... of products containing enzymes in developing regions.  These ...
(Date:6/27/2016)... ... June 27, 2016 , ... Newly created 4Sight ... solutions to the healthcare market. The company's primary focus is on new product ... marketing strategies that are necessary to help companies efficiently bring their products to ...
(Date:6/24/2016)... SAN DIEGO , June 24, 2016 /PRNewswire/ ... that more sensitively detects cancers susceptible to PARP ... individual circulating tumor cells (CTCs). The new test ... of HRD-targeted therapeutics in multiple cancer types. ... therapies targeting DNA damage response pathways, including PARP, ...
(Date:6/23/2016)... Mass. , June 23, 2016   ... development of novel compounds designed to target cancer ... napabucasin, has been granted Orphan Drug Designation from ... the treatment of gastric cancer, including gastroesophageal junction ... stemness inhibitor designed to inhibit cancer stemness pathways ...
Breaking Biology Technology:
(Date:6/2/2016)... Perimeter Surveillance & Detection Systems, Biometrics & ... & Other Service  The latest report from ... of the global Border Security market . Visiongain ... billion in 2016. Now: In November 2015 ... and hardware technologies for advanced video surveillance. ...
(Date:5/12/2016)... , May 12, 2016 ... just published the overview results from the Q1 wave ... the recent wave was consumers, receptivity to a program ... data with a health insurance company. "We ... to share," says Michael LaColla , CEO of ...
(Date:4/26/2016)... India and LONDON ... Infosys Finacle, part of EdgeVerve Systems, a product ... and Onegini today announced a partnership to integrate ... solutions.      (Logo: ... to provide their customers enhanced security to access ...
Breaking Biology News(10 mins):