Quintiq heads into second decade with record year growth

'S-Hertogenbosch (ANTARA News/PRNewswire-AsiaNet) - Quintiq, a leading provider of Advanced Planning and Scheduling (APS) and supply chain solutions, today announced record growth figures for 2007, making it a milestone year in the company's 10-year history. The company reported that revenues grew 84 percent compared to 2006, and it holds strong expectations that 2008 will be another year of significant growth.

"With Quintiq marking its 10th anniversary this year, our philosophy of listening carefully to companies' needs and developing market-leading technology and solutions for them is now paying off in terms of a fast-growing, loyal customer base of more than 210 implementations for some 90 brands who rely on the value adding solutions we provide", said Dr. Victor Allis, CEO of Quintiq.

Quintiq has been profitable since 1997, and 2007 was highly successful on every front, including profitability, revenue growth, contracts with new and repeat customers, company expansion, an expanded network of partnerships, and industry recognition. "We look forward to continuing to build our market presence and to working with our partners to bring ever-more value to customers in a wide range of industries", Dr. Allis added.

Growth on a Firm Footing
Expansion of existing projects and the addition of new customers were both responsible for the extraordinary revenue growth Quintiq enjoyed over the past year. New Quintiq customers include TNT Express and DHL Express, for worldwide solutions, ThyssenKrupp Steel (Germany), PSA HNN (Belgium), InBev (Europe-wide), NAVCanada, FirstGroup (covering four British rail companies), Brussels Airport, Brink's (EMEA), Waitrose (UK) and Aluar (Argentina). Additionally, during 2007, Quintiq signed and/or started expanded projects with several existing customers, including Hydro (Germany), SAPA (China) and Alcoa (USA).

Strong Partnerships, More Extensive Resources
Last year, Quintiq was selected as the APS Technology Partner for DHL's Innovation Center and it expanded its work with Capgemini, establishing a new global alliance with the leading implementation company.

In sync with the addition of new customers and anticipated growth through 2008 and beyond, Quintiq last year established new offices in Australia, China, and Finland and opened its second German office, in Munich.

Looking forward to 2008, Quintiq is readying itself for continued growth by moving its headquarters to a new facility in 's-Hertogenbosch, the Netherlands, doubling its available space in May this year.

About Quintiq

Quintiq provides advanced planning, scheduling and supply chain optimization solutions. The fast-growing Dutch company, established in 1997, offers software for planning and optimizing complex business processes throughout the enterprise. The company's headquarters is located in the Netherlands and it has subsidiaries in Germany, UK, Finland, Malaysia, China, Australia, and the USA.
For more information: www.quintiq.com

SOURCE: Quintiq
CONTACT: Martijn van Gils,
Global Marketing Director of Quintiq,
+31(0)73-691-07-39,
martijn.van.gils@quintiq.com
Web site: http://www.quintiq.com

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