ProfitKey Intl. Ranked 62 on Manufacturing Systems Magazine's Top 100 List
17 July 2000
Ranking based on 30 percent growth of revenue and software licenses in 1999
SALEM, N.H. - ProfitKey International, a leading software-solution provider for the discrete manufacturing sector, is ranked at No. 62 on Manufacturing Systems Magazine's annual "Top 100 Software Vendors" list, published in the July, 2000 issue.Participation in the "Top 100 Software Vendors" ranking is by revenue from software sales and services. Posting $35 million in 1999, ProfitKey International garnered the 62nd spot. Plant-Wide Research Corp., a widely known and respected manufacturing industry research firm, collected and analyzed the information contained in the "Top 100 Software Vendors" report.
In an accompanying article in Manufacturing Systems, Mark Smith, ProfitKey Vice President of Marketing and Sales, attributed the company's growth to a range of developments over the last 12 months.
"This strong growth is primarily due to the introduction of our Manufacturing Enterprise Execution System (MES) suite, but also contributing were complementary products added to the base ERP system," said Smith.
Mr. Smith is quoted in the article as saying, "What makes us different at our end of the market is that we have integrated this MES solution into our overall manufacturing solution. There's really no one else in our space who can deliver an affordable, quick-to-implement shop-floor integration system that's executed in a paperless way."
Manufacturing Systems also cited ProfitKey's expansion of product offerings. "ProfitKey's rapid addition of new products and functionality has been facilitated by an aggressive approach to partnerships and alliances. According to Joseph Vinhais, ProfitKey Vice President of Development, `the company has forged alliances with MicroEstimating, a Salem, NH-based supplier to machine-shop estimating software; Lyle-Kearsley, an El Segundo, Calif.-based supplier of products and services for real-time data collection and analysis of quality control applications; and Pilgrim Software, a Tampa, Fl.-based vendor of quality management software to speed the integration of functionality from the vendors' offerings with ProfitKey's solution."
About ProfitKey International
ProfitKey International, a subsidiary of Platinum Equity Holdings of Los Angeles (www.peh.com), develops and markets integrated manufacturing software, information and control system for make-to-order and make-to-stock manufacturers. ProfitKey's Rapid Response Manufacturing system is a highly integrated ERP/MES family of products that emphasize on-line scheduling, capacity management and cost management.
Platinum Equity Holdings is one of the top-10 privately held information technology companies in the United States. Platinum specializes in acquiring and operating mission-critical technology organizations and technology-enabled service companies throughout the world.