Hamburg,
September 06, 2006 –
CoreMedia, the global provider of software solutions for convergent content business, has closed the 2005/2006 fiscal year with a record turnover of Euro 20.8 million. This represents an increase of 40% over the revenue of the previous year. CoreMedia achieved a position of global leadership in the dynamic market of digital content commerce, thanks to its disciplined focus on the growth areas of telecommunications and media, as well as its ability to create market-relevant innovations. These results exceed expectations for growth and, just as in the previous year, are significantly above average. "This affirms the business strategy we've been following in the last few years. We've now completed eleven quarters of profitable operation," says Sören Stamer, CEO of CoreMedia. "In addition to our positive commercial development, we've restructured our company to become a learning organization. For our staff, this means a further enhancement of our highly motivating environment of innovation." | |