PSIGEN Continues Rapid Growth: Fiscal Year Revenue up 91% at Half Way Mark

PSIGEN Software, Inc., the leader in advanced document capture and scanning solutions, has reported record growth for the first half of their fiscal year, growing over 91% over last years’ results. Growth has come from a strong domestic market, expansion into Europe and APAC, and a long list of competitive capture replacements. The most recent quarter also included several large contract signings for services and OEM deals which will significantly boost revenue through 2012 and beyond.

“A key focus on customer satisfaction and delivery of market demanded features has led to key follow on sales and a large number of competitive replacements,” said Bruce Hensley, President of PSIGEN. “We are starting to see a large and growing referral market that has led to PSIGEN displacing incumbent capture providers.”

This quarter PSIGEN will release version 4.5 of its flagship product PSI:Capture Enterprise. This latest version will feature significant performance enhancements for document scanning, integrations with several new Document Management Systems and a bevy of features focused on helping reseller and distributor partners to drive new lines of business.

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About Datafinity
Datafinity delivers cost-effective, leading-edge, data capture and document management solutions for companies that need to improve the efficiency of business and document processes within their organisation.

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