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.