SOURCE: QUMAS

QUMAS

August 21, 2012 07:45 ET

QUMAS Growth Continues to Accelerate Through Q2 2012

CORK, IRELAND--(Marketwire - Aug 21, 2012) - QUMAS today announced significant growth through the second quarter of 2012, driving the success of the company and providing further evidence of its leadership position in Quality and Compliance Management across Life Sciences. The company has experienced close to 50% growth in revenues for the first half of the year, and is expecting to continue to grow through 2012.

QUMAS has added new staff this year in Singapore, London, Munich and Paris, adding to its existing presence in Cork, Dublin, Jersey City, Boston, Philadelphia, Atlanta, and San Francisco. This reflects the global nature of the growth that is taking place in all markets for QUMAS, which has delivered consistent profitability since 2009.

"I'm delighted to see that the significant investment we have made over the last 12 months in R&D, Sales and Marketing is now driving record growth for QUMAS," said Kevin O'Leary, CEO, QUMAS. "New client opportunities are up threefold on last year, and we're continuing to see significant growth in our pipeline."

The QUMAS Compliance Platform is a closed-loop compliance solution that combines all of the elements of a cohesive regulatory compliance program, onto one platform. It delivers comprehensive capabilities around document management and process management, presenting these through a unified user interface, with integrated learning management, and consolidated reporting and dashboarding, all driving regulatory compliance and ultimately delivering better business performance.

QUMAS will be announcing a series of new client acquisitions over coming weeks.

About QUMAS
The QUMAS Compliance Platform delivers control across the business ensuring compliance mandates are not only adhered to but ultimately deliver tangible business performance improvements across the organization.

QUMAS is the leader in Compliance Solutions with more than 270 global customer deployments and two decades of experience in highly regulated industries.

QUMAS is a Gold Microsoft Partner, and provides the QUMAS Compliance Platform on SharePoint 2010, Documentum, Oracle or SQL. For more information, visit www.qumas.com

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