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Date: Friday 05 Sep 2008
LONDON (ShareCast) - Financial services software specialist Portrait Software expects revenues in the 6 months to end-September to be ahead of last year.
The company said it is on track to meet its growth objectives for the year thanks to the strong pipeline of orders for its marketing automation software.
The company’s new marketing automation software suite now includes the campaign management product which the company acquired when it bought up Million Handshakes.
“The applications continue to sell well on an individual basis and we have already secured two significant new customers for the combined suite,” the company said.
The company’s footprint in the “Software as a Service” (SaaS) area has increased, with the recent capture of a contract from a big international player in the financial services arena.
The company believes there are increasing opportunities to supplement its traditional revenues through further SaaS offerings.