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OSS

Clarity Grows by 61 Percent in Fiscal H1

NORTH SYDNEY, Australia -- Unified OSS player Clarity has released its financial performance for the last six months of 2011 – the first half of its 2011/12 financial year - revealing that revenues rose by 61.4% to AUD$14.1M compared to the same period in 2010.

In the wake of this financial success, 2011 also culminated in Clarity being recognised as a visionary by Gartner in its magic quadrant for operational support systems.

Commenting on Clarity’s financial results, Jon Newbery, CEO, said: “Our first half financial performance is the result of a number of factors: a focused strategy to strengthen the company’s value proposition in the market, implementing a partner-led model for signing and delivering new business, an increased proportion of revenues derived from licence sales through those partners and the timely delivery of projects driven by investment in improving product and delivery capabilities.”

Clarity International Pty Ltd.

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