Proposal Software, Inc. Increases Revenue Growth by 88% in 2008
February 10th, 2009 Westport, Conn. – Proposal Software, Inc. (PSI), The Leader In Proposal Productivity™ bid management software, and developers of PMAPS® the top-rated Proposal Management and Production System, reports an 88 percent revenue increase in 2008 compared to the same period in 2007. The dramatic growth in a challenging business climate clearly demonstrates that PMAPS® is the proposal professionals’ software tool of choice for responding to ever increasing numbers of Request for Proposal (RFP), Request for Information (RFI) and Request for Quotations (RFQ).
“We are gratified that our clients continue to increase their win rates and are working more efficiently and cost effectively through their use of PMAPS®,” said John A. Laurino, CEO of Proposal Software, Inc. He added, “Our continued revenue growth validates that we are providing our clients with the greatest value in proposal productivity.” With PMAPS®, companies are able to increase proposal workgroup productivity enterprise-wide by an average of 50 percent.
“Productivity is vital in the face of the global re-bidding of products and services in all B2B sectors. The number of RFPs, RFIs and RFQs companies are receiving, as well as the size and complexity of these requests is growing exponentially,” said Laurino. “In addition, all of this must be accomplished in a reduced headcount environment.”
PMAPS® 2008 is the 11th release since 1994, and includes a revolutionary new stand-alone Search & Assembly module which greatly expands its web-based technologies. PMAPS‘s ‘best in class’ platform now provides PowerPoint “Pitch Book” capabilities in the Assembly portion of the module. The ability to “search anywhere” with full-text indexing of Word has been expanded to now include, PowerPoint, Excel, HTML and PDF file content -- all within a rigorous compliance management framework.
About Proposal Software, Inc.
Proposal Software, Inc. provides the “best in class” comprehensive request for proposal (RFP) management platform. PMAPS® is in use by over 200 leading financial services, investment management, healthcare, legal, and Fortune 1000 organizations worldwide including PacifiCare, Health Net, ING Investment Management, the WellPoint family of healthcare companies, Blue Cross Blue Shield of Massachusetts, AAM-Investment Management, Blue Asset Management, Fred Alger Management. Additional information on PMAPS is available at proposalsoftware.com.
Contacts
John Laurino, Proposal Software, Inc., (203) 604-6597
Deborah Burns, Burns Communications, (203) 257-3163
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