Jolly Q3 FY 2011 Revenue Growth at 28%
Jolly's Record Q3 Revenue Indicates Upward Trend
SAN CARLOS, Calif. – Jan 6, 2011 –Today Jolly Technologies, the world's #1 identity software company, announced record sales for the quarter year ending November, 2010. Revenue for the quarter is up 28% over Q3 FY 10. Revenue for the first three quarters of the fiscal year is up 27%.
“Diversification of the product line has had direct impact on the Q3 revenue growth,” said Sandeep Jolly, President of Jolly Technologies. “Our Lobbytrack Event Edition released last summer is doing quite well and we are happy to supply marquee events such as the Ford Ironman World Championship, the 82nd Academy Awards (OSCARS) and the 2011 AT&T Pebble Beach National Pro-Am. Sales of Label Flow have continued to increase during the quarter and ID Flow continues to devour channel market share in both the U.S. and overseas resale markets. We’ve added to headcount in Q3 and will continue to do so in Q4.”
During Q3 Jolly added various technologically advanced and highly desired features to the existing product lines. Jolly launched Jolly Badger, a bundling option for its partners to incorporate in their ID card systems, added support for MK Denial’s watch list, integrated with S2 and DSX access systems, added several advance photo capture and automatic adjustment features, simplified self-registration kiosk application, added an array of Active Directory integration features and added support for Arabic, Greek and other non-western languages. For our channel partners there are significant new additions in the Partner Zone.
More new features will soon be announced in version 5.03 which will be available to supported customers at no charge.
About Jolly Technologies
Jolly Technologies, founded in 2000, develops and distributes a suite of secure identification software products, including ID Flow, the world's #1 identification software, Lobbytrack visitor / event / entry / school tracking software, Asset Track asset management software, Label Flow barcode label software, and a variety of other custom security products. As the recognized leader in the rapidly growing secure identification market, Jolly Technologies is partnered with the industry's largest hardware manufacturers to offer complete solutions through our channel partners. Based in San Carlos, California, Jolly Technologies is one of the world's fastest growing software companies. For more information, visit www.jollytech.com or call toll-free 1-888-25-JOLLY.
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