Macadamian Technologies Inc.

Macadamian Technologies Inc.

November 18, 2008 08:27 ET

Macadamian Technologies Reports Yet Another Year of Double Digit Growth

Demand for services in user-centered design and software engineering continues to drive growth

SUNNYVALE, CALIFORNIA and OTTAWA, ONTARIO--(Marketwire - Nov. 18, 2008) - Macadamian Technologies Inc. today announced another double digit year-over-year growth in revenue. As well, the company has continued to hire new employees and expand into new markets, with a 38 percent increase in staff in Canada, the U.S., Armenia and Romania.

"Our customers are investing in design as a differentiator - they see opportunity where others see uncertainty," said Frederic Boulanger, President and CEO of Macadamian. "We continue to grow as more companies witness the success of companies like Apple, and ask themselves how they, too, can make their product more successful through good design."

During the past year, Macadamian surpassed a number of benchmarks. This is the first year the company recorded eight consecutive months with revenues of more than one million. As well, Macadamian was named to the Global Services 100 for 2008, was recognized by Profit Magazine as one of Canada's Next 100 growth companies to watch, and was chosen by employees as one of the best places to work in Ottawa. This was also the third year the company was included in the Software 500, Software Magazine's ranking of the world's largest software and service providers.

"We've doubled our orders in California over the past fiscal year, and I'm very bullish about our future in California, "said Matthew Hately, General Manager Silicon Valley, Macadamian. "Despite what we read, companies are still innovating, and smart companies are trying to figure out how to use a downturn to get a jump on their competition. We're hiring, and actively looking for strategic investments in California this coming year."

About Macadamian

Macadamian is a global software consultancy that helps companies create successful products. Product development leaders turn to Macadamian to develop product strategies, design compelling user experiences, and build quality software. We transform ideas into market-ready products your customers will love. For more information, please visit www.macadamian.com or email software@macadamian.com.

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