SOURCE: InReach

January 18, 2011 10:15 ET

InReach Achieves Fastest Growth in Five Years During 2010

Leading Continuing Education Management Systems Provider Expands Customer Base, Revenue, and Headcount

AUSTIN, TX--(Marketwire - January 18, 2011) - InReach, a leading provider of online continuing education (CE) management solutions, has experienced one of the most successful years in the company's ten-year history. The growth touched on almost all areas of the business including customer base, vertical market expansion, revenue, and employee headcount.

InReach, formerly called Manexa, has made major changes in the last twelve months, including the formation of a new management team, staff reorganization, and the rebranding of the company and its solutions. The InReach solutions -- known in their respective markets as LegalSpan, BankersEd, and CPALearn -- have been renamed InReach Legal and InReach Financial. An InReach Healthcare brand was also created in response to significant traction in segments of the healthcare market.

In 2010, and despite slow growth in the economy, InReach increased its customer count by 23%, which resulted in 30% revenue growth. To support its expanding customer base, InReach nearly doubled the number of employees over the course of 2010. Since InReach revenue numbers are closely tied to customer sales, these numbers correlate with expanded revenue for a large percentage of InReach customers.

"2010 was our best year yet for 24/7 online and downloadable CLE. We experienced exponential growth across all substantive law practice areas within our online and downloadable offering, including tripling our online users, programs sold, and downloaded hours," stated Terry Hill, director, programs division, The Florida Bar. "The success of our online program, along with the wonderful working relationship we have with InReach, are two of the reasons we have decided to expand our partnership in 2011."

In addition to growing revenue in 2010, InReach made significant investments in solution development and additional service offerings. Specifically, the company delivered enhanced capabilities for the InReach Viewer and several innovative learning aid features based on feedback from CE participants. InReach also launched a major new customer service initiative designed to increase the level of personalized support offered to clients across the markets that InReach serves.

"The majority of our customers are professional associations, so they are focused on delivering high-quality online continuing education to their members," stated Dennis Leibl, InReach CEO. "We not only deliver a complete solution for bringing CE programs online, we offer the best customer service available. And that is not lip service. It's based on maintaining a close, partner-oriented relationship with each and every one of our clients. They will be the first to tell you that."

In 2010, the company focused on expansion within the legal, financial, and healthcare markets. InReach will continue this expansion as well as target several new markets in 2011.

ABOUT INREACH

InReach is a leading provider of continuing education management solutions. The first and most widely used solution for bringing accredited continuing education (CE) online, InReach technology, services, and experience have helped hundreds of organizations expand their continuing professional education programs beyond in-person events. For more than a decade, the leading providers of continuing medical, financial, and legal education have successfully leveraged InReach to produce, manage, distribute, and profit from successful online CE programs. For more information contact us at Info@InReachCE.com or visit www.InReachCE.com.

Contact Information

  • Media Contacts:
    Joyce Bartlett
    InReach
    (781) 639-2480
    Email Contact

    Megan Lane
    SHIFT Communications
    (617) 779-1854
    Email Contact