Express Press Release Distribution

Accounting
Advertising
Aerospace
Agriculture
Apparel & Fashion
Automotive
Biotech
Chemicals
Computers
Construction
Consumer Services
Defense
Education
Electronics
Energy
Entertainment
Environment
Financial
Food & Beverage
Government
Healthcare
Human Resources
Industrial
International Trade
Internet & Online
Law
Management
Marketing
Media
Non Profit
Pharmaceuticals
Real Estate
Retail
Semiconductors
Small Business
Software
Sports
Telecommunications
Transportation / Logistics
Travel

EPR Archived News

Archived News 2012
~ April
~ March
~ February
~ January

Archived News 2011
~ December
~ November
~ October
~ September
~ August
~ July
~ June
~ May
~ April
~ March
~ February
~ January

Archived News 2010
Archived News 2009
Archived News 2008
Archived News 2007
Archived News 2006
Archived News 2005
Archived News 2004

 

Intense Technologies Records 232 percent Rise in Revenues in Q2

Released on: October 29, 2007, 11:50 pm

Press Release Author: Sheela Panicker

Industry: Financial

Press Release Summary: Intense Technologies Limited is a publicly owned (IPO in
1999) enterprise Customer Communications Management, enterprise Content Management
and BPA solutions company headquartered in Hyderabad (India).

Press Release Body: Hyderabad, India, October 30, 2007: Intense Technologies
(BSE:INTENSETECH), the Hyderabad based enterprise Customer Communications
Management, enterprise Content Management and BPA solutions Company, today announced
its financial results for the Quarter ending September 30th.

The Company has declared revenues of Rs. 489 Lakhs and recorded a 232% growth over
the same period last year. The revenue growth was 358% over the previous Quarter.
The profit for the Quarter is Rs. 64.55 Lakhs, against a loss of Rs.41.93 Lakhs for
the corresponding period of the previous year. The Company's expenses have also
significantly increased due to the opening of an office in Singapore, recruitment of
senior management and the ramping up of its, delivery, sales and marketing teams.


Making this announcement, Raghav Sahgal, Chief Executive Officer, Intense
Technologies said, \"This Quarter signifies an important turnaround in our business
and is the best ever in terms of revenues, growth and notable client acquisitions.
Our performance in this Quarter marks an important milestone in our history as we
rapidly actualize our aggressive Go-To-Market strategies globally. The notable
client acquisitions we have made in this Quarter also stand testimony to the intense
faith and confidence of leading enterprises in our ability to deliver
mission-critical and high ROI solutions. We will continue to accelerate this
momentum in the coming Quarters and aim to achieve profitable growth while
aggressively acquiring new clients.\"

\"We had set out on a strategic re-alignment during which we invited Raghav to take
over as our Chief Executive Officer. Raghav's stellar leadership and proven success
track record with global scale software product companies has seen us achieve this
turnaround." C.K. Shastri, Managing Director, Intense Technologies, said.

The excellent Enterprise Agility value proposition offered by Intense's iECCM
Framework has enabled the company to acquire major clients in the Insurance and
Telecommunications verticals. The iECCM Framework has been chosen for a massive,
first-of-its-kind anywhere in the world project, to set up and manage the Service
Provisioning Workflow for a major Indian Telecom enterprise's rapidly growing
Pre-Paid market segment. Going forward, Intense aims to aggressively replicate its
success stories globally by offering its intelligent Enterprise Customer
Communication Management solutions to the Telecommunications, Insurance, Banking and
Finance verticals and its intelligent Enterprise Content Management and Process
Automation solutions to the industry at large.

\"Our recent performance is a culmination of a lot of hard work and sustained thought
during which we made key additions to the management team, completed an internal
restructuring in tune with global best practices, repositioned our enterprise
acceleration products and solutions, and quantitatively and qualitatively ramped up
our development, delivery, marketing and sales functions. This Quarter also saw the
launch of our Singapore operations, an important milestone as we begin our
international expansion and our journey to be a Global provider of Enterprise
Agility solutions. In the coming Quarter, we aim to further extend the reach and
scope of our offerings and extend our operational presence internationally\", Raghav
Sahgal, said.



Web Site: http://intense.in

Contact Details: A1, Vikrampuri colony
Hyderabad
India

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •