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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One Comment on “Good News from Initiate Systems”

  1. Graham 11/08/2008 at 4:44 am #

    Hi Dan

    I wanted to say thanks for posting this information. Yes, we’re certainly in a good position at the moment, and continually proving ourselves to be one of the key players in this market space.

    Once again, thanks for spreading the good news about us (www.initiatesystems.com)

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