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Archive for November 7th, 2008

7
Nov

Good News from Initiate Systems

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Initiate Systems sent out a press release yesterday, highlighting their performance in Q3 of 2008:

  • achieved profitability
  • positive cash flow
  • year-over-year revenue growth of more than 50 percent

Also, Initiate signed up 10 new accounts in Q3, and now has a total of 177 customers. 

It’s always nice to hear some good news, particularly in tough economic times

Click here for the full press release from Initiate Systems.

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