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New Customers Continue Trend of Expanding Markets for Phoenix Integration Software
Value of company's Design Process Optimization technology recognized in a wider range of industries, fueling a period of growth expected to continue throughout 2007.
Wayne, PA—January 31, 2007—Phoenix Integration, the aerospace and defense industry leader in process integration and design optimization software, announced recent new customer additions who will be deploying the company's solutions to improve their engineering processes. New customers include the Air Force Research Laboratory Munitions Directorate, Miltec Corporation, Defense Research & Development Canada, the Idaho National Laboratory, Airbus, Cessna, Rockwell Collins, Raytheon Aircraft, and Orbital Sciences Corporation.
Chris Randazzo, VP sales and marketing at Phoenix Integration, commented: "Fully half of new customers are engaged in various commercial enterprises, from civil aviation to oil and gas to environmental science. This continues a trend of increasing customer diversity where the value of our technology is being recognized in a wider range of industries, and which has led to a period of expansive growth for the company which we expect to continue throughout 2007."
In the last nine quarters, Phoenix Integration has grown its revenues by 70% through wider uptake of its flagship Model Center software for integrating and automating engineering design processes, and introduction of new products such as CenterLink, a web-centric system for conducting collaborative high-fidelity trade studies and running integrated design processes faster.
About Phoenix Integration
Phoenix Integration commands a leadership position in flexible, scalable, high-performance enterprise solutions for engineering process integration and design optimization. Phoenix software is used worldwide for modeling and simulation during engineering design phases by global organizations in the aerospace and defense industries, and commercial enterprises, including nine of the top 10 U.S. defense contractors and five of the top 10 aerospace companies. Headquartered in Philadelphia, Phoenix Integration conducts R&D and customer support operations from facilities in Blacksburg, Virginia. For more information, visit www.phoenix-int.com.
Media Contact:
Jim Tagliaferri, TME Communications, LLC
610-420-7401, jimt@tmecom.com
