Gibbs and Associates, developer of GibbsCAM, says sales of GibbsCAM products and services for the month of March exceeded all previous monthly sales records in the company’s 23 year history.
Revenue from new seat sales, upgrades and maintenance increased considerably, continuing the substantial ramp-up from the beginning of 2007. The sales increase represented growth in both domestic and international markets. March 2007’s performance surpassed the previous record set in March 2005.
Gibbs and Associates was recently recognised by CIMdata in v16 of their NC Software and Services Market Assessment Report as one of the forecasted top three most rapidly growing CAM companies in 2007 based on vendor revenues.
“Gibbs’ on-going strategic relationships with key machine tool manufacturers, such as Mazak, Mori Seiki, Matsuura, Fadal, and Doosan, continues to generated new business opportunities," says founder Bill Gibbs. “Customers benefit from this close collaboration and are able to realise a return on their machine tool investments more quickly.”
March sales results were posted in advance of the forthcoming GibbsCAM 2007 release, which is on schedule to be available this month. It is expected that similar to previous product releases, the release of GibbsCAM 2007 will also generate additional sales demand and corresponding revenue. The company also plans to release another major release of GibbsCAM before the end of 2007 further enhancing sales performance.
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