SOURCE: Bluespring Software

October 13, 2006 08:37 ET

Bluespring Software Achieves 246% Q3 Revenue Growth With BPM Suite

CINCINNATI, OH -- (MARKET WIRE) -- October 13, 2006 -- Bluespring Software, the Business Process Management (BPM) software company that puts the power of business process design, execution and management in the hands of business people announces record Q3 2006 growth. The company continues to establish itself as a market force on the people-centric BPM software stage.

Bluespring realized 246% revenue growth over the same quarter last year and 51% revenue growth over Q2 2006; a trend the company expects to continue through 2007. The growth is marked by a sharp increase in BPM Suite license revenue, highlighted by new deals with Tempur-Pedic International, Colliers International, Lynx Professional Grills, Children's Hospital of Cincinnati and The Kroger Company.

"Our competitive differentiation is without question our product's ease-of-use," said David Noonan, President of Bluespring Software. "It's a pretty compelling story when your deployments require no custom coding and the user experience consists of email, Internet Explorer and Microsoft Office."

In July, Bluespring Software was named one of five finalists for 2006 Microsoft ISV/Software Solutions Technology Innovation Partner of the Year.

About Bluespring Software

Bluespring Software and its partner network bring business process execution to the people-ready business. Bluespring's BPM Suite is a people-centric business process management (BPM) technology that delivers cost savings, visibility, compliance and control to those processes dominated by human worker interaction. Bluespring Software is currently deployed in Financial Services, Manufacturing, Investment Banking, Telecommunications, Corporate Housing and other vertical markets.

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