LAS VEGAS - Direct Logix recorded license shipments and revenue for fiscal year 2007 grew by over 65%. Growth was a combination of increases in the number of installation and strong follow on orders from existing customers.
The Direct Logix product platform called Control Center features 17 applications and an open API (application programming interface) for systems integration.
“We are very excited about the 2008 opportunity to extend our offering even further. The Direct Logix’s team and products clearly have the deepest integration to major CAM and ERP systems in the world” said Steve Krause, President of Direct Logix. “Each company we have deployed this system at has achieved direct bottom-line business benefit in less than 60 days of use. In 2008 we will continue to develop our global sales channels and look to reward our investors and new equity partner based on our performance.”
PORTLAND, OR - Merix Corp. announced executive vice president of operations, Steve Robinson, left the company Feb. 25. Robinson took over Merix's operations in North America in May 2005.
His departure follows second-quarter revenue reports of $97.4 million, down 6% from the same quarter last year. Merix lost $5 million, or 24 cents per share, compared with a $1.8 million profit, or 9 cents per share, in the previous year's second quarter.
CEO Michael Burger in January said the unexpected second quarter revenue decline was due to the North American management team’s failure to note a market "demand burp."