Press Release: January 31, 2014
Sydney, Australia: January 31, 2014 - Wilcom today announces 69% year-on-year growth for the six months ended December 31. This continues the strong trend announced at the end of the first quarter.
The success of Wilcom’s recently introduced classroom training has exceeded initial expectations by a significant margin. Successful training courses have been held throughout Australia and New Zealand with further plans for regional training courses in the second half of FY14, including the introduction of additional venues such as the Gold Coast, Cairns, Adelaide and Tasmania.
The training initiative is part of Wilcom’s broader strategy to enhance the customers experience and is accompanied by a significant investment to improve the quality of support that Wilcom provides.
Wilcom has continued to expand its Global Distributor network with the appointment of new Distributors in Mexico, Colombia, Australia, the Ukraine and Lithuania. As well as the recent Global OEM deal with RiCOMA.
The increase in revenue is attributable to a number of factors including the on-going success of Wilcom Elements 3 software, the increase in sales and marketing staff in a number of regions, and the aggressive anti-piracy initiatives being pursued in certain regions.
“Throughout the year we have focused our attention on improving and supporting our Sales and Marketing efforts in order to provide better support and service to our customer’s and the greater embroidery market as a whole. This effort has been well received in the market and is reflected in the positive feedback we receive as well as the improved sales performance over the last six months.”