Technology Group International Announces Significant Revenue Growth for the Third Consecutive Year
Toledo, Ohio - January 31, 2007 - TGI, a leading ERP software solution provider, announced today significant revenue growth in 2006.
New license sales of TGI's flagship product, Enterprise 21, increased 20% from the 2005 to 2006 fiscal year. In addition to extremely strong revenue growth in 2006, TGI's average revenue per employee increased by 60%, and overall profit grew by 50%.
Scott Smith, President and CEO of TGI, stated, "I am extremely pleased with our company's performance this year. Our double-digit growth in 2006 followed two consecutive years of 100% growth rates. Not only did we sustain this previous growth, we continued to improve upon it. We have a powerful product line that is backed by a dedicated and knowledgeable support staff. We will easily see another strong year in 2007 and we will continue to capture additional market share."