SOURCE: ASI

February 20, 2008 08:30 ET

ASI Reports Record Revenue in 2007

Web-Based Software Provider Continues Dominance in Association Market and Increases Prominence in Non-Profit Sector

ALEXANDRIA, VA--(Marketwire - February 20, 2008) - Advanced Solutions International (ASI), the leading global provider of web-based software for associations and non-profits, today announced results for the past 12 months ending December 31, 2007. Due in large part to the successful launch of iMIS 15, the company reached the following milestones:

--  ASI achieved record revenue for 2007 with 8% growth in software
    license revenue over the previous year. ASI's international operations in
    Canada, Europe, and Australia collectively achieved record revenue for 2007
    and contributed nearly 30% of ASI's total revenue.
    
--  Ninety-two new customers purchased iMIS in 2007, increasing ASI's
    total customer base to nearly 3,000. This included a diverse set of new
    customers from around the globe, including United Way of Greater Toronto,
    Lloyd's Market Association (U.K.), Catholic Mission (Australia), and
    Salesian Missions (U.S.). The company added a record number of faith-based
    customers in 2007 and continues to expand its customer base across the non-
    profit market.
    
--  An independent report by Lehman Associates confirmed ASI's leadership
    position in the association market, with a 37% market share. With data
    compiled from national and international associations in North America with
    budget sizes of $2 million or greater, the Lehman report ranked ASI highest
    among major AMS vendors in implementation experience, and higher than the
    combined average ratings of other major AMS vendors in product
    satisfaction.
    
--  ASI was the recipient of two major industry awards for support and
    performance. Service Strategies Corporation (SSC) recognized ASI with a
    certification in Service Capability and Performance (SCP) standards in
    2007. This independent standards organization audited ASI business
    processes against the best practices for the software industry and provided
    certification based on compliance and actual results.
    
--  The non-profit software industry's largest independent users group,
    NiUG, held its largest ever Annual Discovery Conference in October,
    attended by 356 representatives from member organizations. During 2007,
    NiUG has grown from being a regional U.S. organization to establishing a
    multi-national presence in Canada, Europe, and Asia-Pacific. NiUG now has
    nearly 650 organizational and 3000 individual members.
    
--  ASI added eight iMIS partners bringing ASI's partner channel to nearly
    75 companies and 1000 professionals worldwide.
    

"Building upon our success in 2007, we will be in a good position to expand our market reach as the leading global provider of web-based software for associations and non-profits," said Bob Alves, Chairman and CEO of ASI. "While iMIS grows as an open solution, we will give customers access to new technologies in online fundraising, social media, and closer integrations with third-party applications."

About ASI

Advanced Solutions International (ASI) is the leading global provider of software for associations and non-profits, serving the industry since 1991. The company's premier product, iMIS, is the only complete, upgradeable, web-based, not-for-profit business software system. iMIS has served nearly 3000 customers worldwide. ASI distributes its solutions through a direct sales force and a global network of local solution providers backed by award-winning technical support. The company employs more than 200, with offices in the U.S., U.K., Canada and Australia. To learn more visit www.advsol.com.

Contact Information

  • Eric Seymour
    March Communications
    (for Advanced Solutions International)
    +1 617-475-1564
    Email Contact