Business News
DAY SOFTWARE CONTINUES MOMENTUM IN Q1 WITH MAJOR NEW GLOBAL WINS
Tuesday 05. May 2009 - Confirms 1H 2009 Guidance After Successful Product Launches Drive Global Customer Acquisition
Day Software (SIX: DAYN, OTCQX: DYIHY), a leading provider of content management and content infrastructure software, today reconfirmed guidance for financial results for 1H 2009 based on strong customer growth in Q1 2009 from continued momentum for its ground-breaking CQ5 platform.
Day saw continued global traction for its new CQ5 platform, securing major new competitive wins in its North American, European, and Asia-Pacific operations. In North America, Day drove additional penetration in the Automotive vertical with a global license with General Motors (GM) Corporation to revamp its web presence and drive showroom demand. In Asia-Pacific, Day replaced an incumbent vendor in a competitive win in the Telecommunications sector with an enterprise license at Starhub, Singapore’s leading integrated telecoms, cable, and Internet hosting firm. In Europe, Day built on its Q4 success in the Retail vertical by adding France’s online retail powerhouse, LaRedoute, to its growing installed base of global eCommerce leaders. In Day’s core German and Swiss markets, Day drove major new enterprise wins at pharmaceutical and consumer health care giant Boehringer and drove continued growth in the Public Sector vertical with the addition of the Canton of Bern to Day’s sizeable installed base of worldwide government entities.
“We are pleased to see that market interest in CQ5’s open, modular architecture and fun-of-use continues to accelerate customer traction across all major sales regions,” says Erik Hansen, CEO of Day Software, “We are seeing customers investing in CQ5 to replace legacy 1st generation web solutions to power their new online initiatives. CQ5 broke new grounds and fulfilled a long-standing promise of integrated ECM and WCM. We see good opportunities to continue our growth replacing legacy systems and driving further competitive wins, and feel comfortable that we will perform well against our 1st half financial planning despite the slowed down economy.”
Day continued momentum around its Q4 2008 CQ5 WCM release with three major product launches in Q1 2009. In January, Day announced the availability of its standalone Content Repository Extreme (CRX) ECM platform along with a new, limited license version of CRX, CRX One. These new CRX offerings, targeted at CIO and IT developers, provide the industry’s most scalable Java Content Repository (JCR) based on the Apache Jackrabbit and Apache Sling projects with support for rapid application development, content repository virtualization and consolidation, and deployment in either a public and private computing cloud. In March, Day followed its CRX launch with new offerings for Digital Asset Management (DAM) and Social Collaboration (SoCo) targeted at Chief Marketing Officers (CMOs) and interactive marketers. Seamlessly integrated with Day’s leading WCM application and CRX ECM platform, these releases combined provide a unified suite for marketing for brand promotion, targeted multi-channel campaigns, and social media marketing. For global enterprises looking to lower costs and more effectively sell and market online, Day’s CRX platform and Communique marketing suite meets the critical requirements of both Marketing and IT as they re-examine legacy 1st generation web solutions for their 2009 growth initiatives.
“Adding best-in-class DAM and Social Collaboration to our market leading CQ5 WCM delivers the final services marketing needs to build an online marketing and sales engine,” concluded Hansen. “We look forward to leveraging these two new offerings to further accelerate our customer acquisition and competitive win rates throughout the remainder of 2009.”