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July 21, 2009 Back

RedPrairie Corporation reports revenues for the first half of 2009

Global productivity solutions provider posts over $130 million in revenue for six months ending June 30, 2009
MILWAUKEE, Wis.  – RedPrairie Corporation, a productivity software provider, has announced revenues of over $130 million for the first half of 2009, posting strong performance relative to both the economic climate and the supply chain solutions market as a whole. RedPrairie’s software license bookings for the same period totaled approximately $16 million.

“We consider our performance this year a solid one so far, given the economic and competitive conditions with which we are faced,” says RedPrairie CEO, Mike Mayoras. “It’s no secret that the global recession has affected many companies using inventory, transportation and workforce software. We continue to be committed to executing for our customers, and looking for opportunities to make the most critical areas of their businesses more productive and efficient.”

Significant achievements for the first half of the year include:

  • Continued strong revenue contribution from RedPrairie’s European, Middle East, African (EMEA) and Asia-Pacific (APAC) markets, with over 25 percent of overall revenues.  “Earlier this year, we moved our APAC headquarters to Singapore as part of our global growth strategy,” says Martin Hiscox, Managing Director and President International at RedPrairie.  “Even with a challenging global economic environment, we’ve managed to execute on our growth plans and add new customers in all our regions.”

  • Closed approximately 100 contracts and orders globally, including markets like New Zealand, China, Eastern Europe, and Latin America.

  • New releases of core inventory, transportation and workforce solutions; the introduction of SaaS offerings across the entire RedPrairie solution suite; and the announcement of the RedPrairie Collaborative Flowcasting Group, LLC, a new joint venture introducing a demand-driven planning solution.

  • Over 60 “go-live” distribution center implementations, totaling over two a week, in approximately 15 countries.  During the first half of the year, RedPrairie issued press releases on implementation successes with Cabot Creamery Cooperative, Cambridge University Press, The Carphone Warehouse, Delphi Corporation, Diamond Comic Distributors, GSI Commerce, Houston Bottling & Co-Pack, Peet’s Coffee & Tea, SANNA-LITIER Group, Sargento Foods, SCA Transforest, and Shearer’s Foods.
RedPrairie is a privately-held company.



About RedPrairie Corporation

RedPrairie delivers productivity solutions to help companies around the world in three categories – inventory, transportation and workforce. RedPrairie provides these solutions to manufacturers, distributors and retailers looking to reduce cost, increase sales and create competitive advantage.

With over 20 global offices providing services to over 40,000 sites in 50 countries, companies trust RedPrairie inventory, workforce and transportation solutions to deliver an immediate increase in productivity – with the flexibility to adapt as business needs change.

At RedPrairie, we understand today’s operational demands and we’re committed to delivering solutions that work. We’re committed to delivering solutions for the real world.

For additional information, call 1.877.733.7724, or visit www.RedPrairie.com.

RedPrairie is a registered trademark of RedPrairie Corporation.
E2e is a trademark of RedPrairie Corporation.
© 2009 RedPrairie Corporation. All Rights Reserved.
Other product and service names mentioned herein are the trademarks of their respective owners.

RedPrairie Public Relations Contacts:

NORTH AMERICA
Kari Janavitz
+1 262 317 2526
Kari.Janavitz@redprairie.com

UK
Lisa Bowen
+44 1494 486 555
Lisa.Bowen@RedPrairie.com

NORDICS, MIDDLE EAST, AND AFRICA
Patrick Qureshi
+45 3263 0021
Patrick.Qureshi@RedPrairie.com

MAINLAND EUROPE
Luc Zanders
+31 40 2302532
Luc.Zanders@RedPrairie.com

ASIA PACIFIC
Fauziah Osman
+65 6521 9554
Fauziah.Osman@RedPrairie.com