InnovMetric Reports 33% PolyWorks® Sales Growth for Fiscal Year

InnovMetric Reports 33% PolyWorks® Sales Growth for Fiscal Year 2014

QUEBEC, QC, CANADA, April 30, 2015 - InnovMetric Software Inc. proudly announced today that worldwide demand for the PolyWorks universal 3D metrology software platform, in fiscal year 2014 (ending March 31, 2015), led to a 33% global sales revenue increase compared to the previous fiscal year. This growth was fueled by all-time record sales of 2435 new licenses of PolyWorks.

Several elements have contributed to this growth:

PolyWorks sales in Japan have tripled, thanks to the successful setup of PolyWorks Japan and a fruitful cooperation with digitizing hardware manufacturers.
PolyWorks sales in the USA have increased by 25%, as a result of the rise in manufacturing activities and the American economic recovery.
Sales of new licenses and support/maintenance contracts in emerging markets (China, Brazil, Mexico, Thailand, and India) have grown significantly, as customers realized that InnovMetric’s subsidiaries and joint ventures offer the top-level technical support required to help them meet their business objectives.

“It is challenging for our customers to improve their efficiency and productivity year after year. One key element of our success is the high technical support standards we have set for ourselves, our subsidiaries, and joint ventures. We view technical support as the key to ensuring the success of our customers in their 3D metrology tasks. Our outstanding growth over the last 5 years demonstrates that our strategy is right on target,” said Marc Soucy, President of InnovMetric.

About InnovMetric Software

Founded in 1994 and headquartered in Quebec, QC, Canada, with subsidiaries worldwide, InnovMetric Software Inc. is the leading provider of universal 3D metrology software solutions. The world’s largest industrial manufacturing organizations (Toyota, GM, Volkswagen, Honda, BMW, Daimler, Ford, Rolls-Royce, Pratt & Whitney, Boeing, Embraer, Bombardier, Apple, and many more) trust InnovMetric’s PolyWorks® software solutions and associated technical services to maximize the benefits of 3D measurement technologies for their engineering and manufacturing applications.

With our subsidiaries and joint ventures, we have more than 200 employees across 7 countries: Canada, United States, China, India, Thailand, Japan, and Brazil.