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Strong Growth in 2008...
ANN ARBOR, MI –January 19, 2008 - LLamasoft, Inc., LLamasoft Corporation, the market leading provider of supply chain strategic modeling technologies, today announced record revenues and growth for its fiscal year ending December 31, 2008. The company’s revenues grew by over 50% in 2008 and have grown by 1,290% over the last five years. LLamasoft maintained an exceptional win record over the competition in 2008 as the company won many new license deals with marquee global clients. Driven by innovation, LLamasoft continued to increase its market share during the year, reinforcing its reputation as the state-of-the-art solutions provider in the supply chain strategic planning market.
“Our performance in 2008 in the face of a globally slumping economy was remarkable. Our continued innovation, outstanding customer base, and our business relationships with strategic partners position us for another strong year in 2009,” said Donald Hicks, CEO LLamasoft. “In light of continued pressure on global companies to manage supply chain costs and streamline operations, LLamasoft’s customers and partners have recognized the value of our supply chain strategic modeling solutions, lowering their operational costs and improving customer service.”
| The company’s key achievements in 2008 include: |
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Strong Growth Across Market Segments including Retail, Food & Beverage, Pharmaceuticals, Chemical/Petroleum, Industrial Manufacturing, Paper, Electronics, Automotive, Healthcare, and Third-Party Logistics. |
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Continued Growth in Non-Commercial Sectors including Military & Defense and Global Healthcare NGO’s. |
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Expansion via Partners throughout North America and abroad, including partner organizations in Sweden, Germany, France, Singapore, Japan, Brazil, and Columbia. |
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Major Technology Advances including the release of Version 5.0 of LLamasoft’s flagship product Supply Chain Guru. |
| LLamasoft was also recognized with a number of awards, including: |
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10 Companies to Watch in 2009 |
Managing Automation |
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100 Great Supply Chain Partners |
Global Logistics & Supply Chain Strategies |
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2008 Pro’s to Know |
Supply & Demand Chain Executive |
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50 Companies to Watch (Michigan) |
Edward Lowe Foundation & MEDC |
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2008 FastTrack Award |
Ann Arbor SPARK |
“Our new sales pipeline has never been stronger, and LLamasoft is well positioned for major expansion in 2009,” added Hicks. “We maintain our vision to be an industry leader in Supply Chain Strategic Modeling, and our short time-to-value for both public and private sector clients is a welcome technical solution in this tough economy. We expect to maintain our strong growth by focusing on the success of our customers and partners.”
About LLamasoft
LLamasoft provides software and expertise to design and modify supply chain network operations. Supply Chain Guru™ is the leading supply chain strategic planning application available in the market today. It enables companies to model their supply chain operations, optimize the structure for cost and profitability, and simulate proposed changes, allowing users to implement their changes with confidence.
Clients use LLamasoft's Supply Chain Guru™ to identify major financial and operational improvements in transportation, inventory, sourcing, and production applications.
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LLamasoft Media Contact:
Gary Bobalik
Director of Marketing
LLamasoft, Inc.
734.418.3119
734.418.3138 Fax
Gary.Bobalik@LLamasoft.com
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