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Firmex Achieves 237% Annual Revenue Growth Despite Tough M&A Environment in 2009
Date:2/16/2010

Firmex, the leader in branded electronic data room infrastructure announced a 237% year over year revenue growth. Unlimited use data room offer is the key driver.

(PRWEB) February 16, 2010 -- Firmex, the leader in branded virtual data room infrastructure for corporate transactions and secure extranets today announced that it had year over year revenue growth of 237%.

Despite the lacking of credit for corporate transactions Firmex had exponential growth in calendar year 2009. The company consistently grew on a month over month basis throughout the year.

“Our unlimited use offering saves our clients money and provides far greater value to advisory firms and corporate dealmakers than alternatives on the market. In addition, organizations are finding it’s safer, more reliable and more accessible to keep documents in an online data room environment than on local stored computers. “ says Joel Lessem, Firmex CEO.

Firmex has expanded its offering to serve general corporate document sharing, virtual data room and client extranet requirements. “Our clients collaborate with parties both internal and external to their organizations. They need to review, revise and execute documents in a distributed work environment” says Aaron Booth, VP Sales.

“Having a top notch secure virtual workspace that can handle large volumes of documents is simply the way smart businesses are headed. With high-speed secure internet technology we no longer have to operate
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Firmex Achieves 237% Annual Revenue Growth Despite Tough M&A Environment in 2009
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