MARLBOROUGH, MA – DownStream Technologies reported record sales for 2011, as it begins its 10th anniversary. The firm also had record sales in 2010.
The company experienced a two-year combined growth of 24% over 2009.
Strong sales were attributed to demand for CAM350 software in Asia, as well as a dramatic increase in their custom software development program for BluePrint-PCB.
Asian revenues grew 34.5% over 2010, as more Chinese-based fabrication facilities came online in 2011. Consulting sales climbed 54% over 2010, with organizations standardizing on BluePrint-PCB, Downstream says.
The firm also reported a 30.4% EBITA for both 2010 and 2011.
The company said it would launch new products and initiatives and offer special pricing on products and bundles this year.
The company says it has more than 1,000 customer companies with an estimated 7,000 users.
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