CIMdata PLM Industry Summary Online Archive

13 February 2007

Financial News

Endeca Reports Fifth Consecutive Year of 100 Percent or Greater Annual Revenue Growth

Endeca Technologies, Inc. announced 100 percent year-over-year revenue growth in 2006. The company reached record revenue and profitability levels as it signed over 100 new customers and expanded the use of its technology platform within its installed base. To meet market demand, Endeca added more than 100 new employees, opened a new corporate headquarters, established new operations in the United States, Canada, Europe, and Australia, and built out its channel business with key new reseller and systems integrator partnerships.

"Over the past year we have seen a dramatic - and favorable - shift in the market," said Steve Papa, CEO of Endeca. "Information access has become recognized as the solution that can overcome failed attempts to address information discovery using enterprise search or with the misapplication of business intelligence and database platforms."

2006 Highlights:

Signed more than 100 new customers: included market leaders like ACP Media Limited (autotrader.co.nz), Affinia, Amphenol Corporation, Emap, International Paper, Kohl's, , L-3 Communications, Lonely Planet, PerkinElmer, Trader Media Group (autotrader.co.uk), , William Reed, and Yellow Pages Singapore.

Introduced the first Information Access Platform: The first enterprise-class platform to unite the simplicity of search engines with the analytical power of business intelligence tools; The Endeca Information Access Platform quickly becomes the foundation for new classes of applications designed to accelerate and improve enterprise-wide decision making through the exploration, discovery and analysis of information.

Expanded the use of the Endeca IAP within the installed base: Dozens of existing businesses and government customers like CDW, Circuit City, the (US) Defense Intelligence Agency, The (US) Department of Justice, Nike, IBM, Tech Data and expanded their use of the Endeca Information Access Platform (IAP) throughout their respective enterprises, creating a wide variety of additional, high-value information access applications.

The patents cover the company's hierarchical data-driven navigation system and method for information retrieval, widely known in the information access market as the Guided Navigation® experience (see: http://endeca.com/_assets/pdf/demo.html ), as well as key extensions of this approach.

Appointed Michael Porter and Edwin Gillis as independent members of the company's Board of Directors: Appointments provide foundation for governance excellence; Porter to lead newly established strategy committee; Gillis to lead newly established audit committee (read more)

Signed and Expanded Key Partnerships with Business Objects , IBM, i2 , Omniture , Silver Creek Systems

Unveiled New SEO Capabilities and Best Practices for Guided Navigation-based Websites ( read more )

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