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Axiom touts 120% customer growth and 100% revenue growth in 2002, making the company cash-positive ahead of plan
May 8, 2003
READING, U.K. -- Axiom, today announced the company's outstanding growth success for Financial Year 2002 including 120% customer growth and 100% revenue growth making the company cash positive ahead of plan. Increasingly recognised as offering the most unique and effective service fulfilment solutions, Axiom has continued to grow in size and revenue as Service Providers around the world choose AXiOSS® to lower costs, retain customers and overcome a number of highly complex business problems.
New customers such as TeliaSonera, Chilesat and Thus have contributed to Axiom's 120% year on year customer growth, and 100% revenue growth. Through broadening the product portfolio with the introduction of the AXiOSS Dashboard(tm) and extending the Executive team, Axiom has established a leadership position in Europe for DSL provisioning and moved into global markets with customers in Asia Pacific and Latin America.
Pushing the boundaries of innovation, Axiom is also proud to announce the general availability of AXiOSS® 5.2. Building on proven strengths and staggering ROI results, AXiOSS® 5.2 meets service providers strategic needs to drive down the cost of delivering and assuring services while relying on ever more complex networks and being able to scale.
The launch of AXiOSS® 5.2 in collaboration with Axiom's Organic Service Provisioning takes service delivery to dynamic new levels. Combining the management tools of workflow, project and process management, the new version further improves time to market for services and reduces costs throughout the service delivery process by up to 72% and accelerates service launches with a productivity increase of 500%.
Containing new versions of O2S, IMS and SAFE, AXiOSS 5.2 builds on proven outstanding return on investment (ROI) results achieved at leading global service providers. In addition, a newly developed graphical configuration tool, O²S Designer, eliminates the need for rewriting complex coding when launching new services, while the IMS Reconciliation enables Service Providers to synchronize their networks and models actual inventory in real time.
Alexander Evans, CEO at Axiom commented: "Axiom's outstanding results over the past twelve months have secured an excellent foundation for growth and reflect our customer and partner confidence in our products and people. The AXiOSS Suite and Organic Service Provisioning are both unique to the market and offer clear competitive advantage to our customers. The strength of our offering will continue to assist in our growth and propel us into new markets."
Axiom will be exhibiting at Telemanagement World in Nice on stand 63, 20-22 May 2003
Axiom Systems Inc.
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