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Methodware Reports Record Annual Revenue

August 16, 2004. Methodware Ltd today announced that revenue for the recently closed 2004 financial year grew by 77%. This continues a 10-year trend of annual revenue growth.

During the year Methodware increased its staff by 20% and opened sales and support offices in London, Toronto and Houston. The year also saw the company’s international client base grow by over 170 companies, with sales to many high profile organisations across the globe.

"In addition to our financial success, we’ve positioned ourselves well for the future by appointing a further 11 international distributors of our products" said Methodware CEO, Chris Moxon. "We now have a direct presence in North America and Europe and a strong network of partners selling and supporting our software globally."

With its Head Office in New Zealand, Methodware has been developing and distributing risk management and internal audit software solutions internationally since 1993. Its flagship product, Enterprise Risk Assessor (ERA), is increasingly being regarded as a leader in the risk management software market.