| - ProSim announces a sales turnover increases of over 35% in 2005 |
18 May 2006 |
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ProSim, the company specialized in process simulation software, announces a total revenue increase of 36,6% for 2005, compared to the prior year period. The main part of this growth is due to the record increase in software licenses sales, services revenue contributing to it also but to a lesser extent. This performance was obtained without decreasing the profitability of the company, since the net income of the company more than doubled over the same period.
"Key indicators are very positives" indicates Stéphane Déchelotte, chairman of ProSim. "The Research & Development investments carried out allow a very good positioning of our products on the market. Maturity, competence and motivation of our teams do the rest. We are also getting the first dividends of our efforts to develop our international sales since our export revenues were multiplied by 3,5."
"We also note that an increasing number of major players in the oil & gas or chemicals fields give up the solutions proposed by our competitors and switch to ProSim software" adds Stephane Déchelotte. Already recognized for its leading positions in some specific fields (nitric acid plants simulation, power plant optimization, plate-fin heat exchanger design or batch chemical reactors and distillation columns modeling), ProSim offers today a highly competitive general steady-state process simulator (ProSimPlus) and a very smart thermo-physical properties server (Simulis Thermodynamics). Thanks to this range of software, combined with efficient and reactive engineering services, ProSim is clearly positioned as the alternative to historical process simulation software vendors.
About ProSim
ProSim is an independent company, founded in 1989, with its headquarters in Labège (Toulouse - France). The company provides state of the art simulation and optimization software that allows process industries to increase their efficiency and their return on investment. ProSim solutions are designed for applications in the chemical, the refining, the gas treatment and the specialties chemical industries as well as in the pharmaceutical, the food processing and the energy industries. Its activities also comprise engineering process consulting and custom software development.
ProSim solutions are used to improve process design, increase plant efficiency and reduce their impact on environment. Thanks to long term partnerships with major research centres and to substantial investment in R&D, ProSim continuously develops innovative software and has become a recognised player on the international market.
The success of the company comes from the efficiency and the robustness of the solutions and of the calculation packages it proposes, but also from the quality of the services it provides.
The expertise and the know-how of ProSim personnel covers vast domains, including thermodynamics, physico-chemical phenomenon modelling, process simulation, energy integration, optimization techniques, numerical methods, software architecture, and GUI development.
ProSim is active in 43 countries around the world, with over 500 customers among which major actors like Axens, Air Liquide, Akzo Nobel, Alfa Laval, Arkema, Braskem, Ciba, Cognis, EDF, Linde, Pharmacia, Praxair, Schering, Sintef, Sanofi-Synthelabo, Technip, Total or Wacker.
For more information, please visit: http://www.prosim.net.
Contact
Gilles HAMEURY
ProSim
Stratège Bâtiment A
BP 2738
F-31312 LABEGE Cedex, FRANCE
Tél.: +33 (0)5 62 88 24 30
Fax: +33 (0)5 62 88 24 39
e-mail : info@prosim.net
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