Vinimaya Has Operating Profit in 2003
New Clients, Offshore Outsourcing Drive Profitability
SHELTON, CT
(January 20th, 2004)
Vinimaya Inc., a privately held software company who builds and markets low cost, easy to implement, easy to use and easy to maintain software products that are designed to extract the promised benefits and return on investment (ROI) of large-scale, underperforming applications such as e-procurement, CRM and ERP, announced today that they ended 2003 with an operating profit.
Vinimaya is a private company and does not release financial information to the public, but President and CEO Gary Hare attributed the company’s outstanding performance to a combination of revenue growth due to the addition of new clients coupled with Vinimaya’s commitment to rigorous expense management and offshore outsourcing through partner Ascendum Systems.
