DocuWare UK Subsidiary Doubles New Business

Strong Upward Trend Leading into Second Half of 2010

Newburgh NY – June 17, 2010 – DocuWare Ltd, daughter company to DocuWare AG, Document Management specialist, is enjoying a 100 percent increase in new customer business and  nearly a 25 percent increase in revenue over the same period last year. They are able to celebrate their fifth year anniversary with excellent first quarter results. 

After witnessing strong year-end business in 2009 (the fourth quarter was the most successful for DocuWare Ltd since its founding in April, 2005), DocuWare’s UK subsidiary continues to enjoy the upward trend. In the first three months of this fiscal year, 100 percent more business came from new customers; overall revenue grew by 23.6 percent. Thanks to a well-stocked pipeline, DocuWare anticipates that its British subsidiary will build on this success. In addition, the Partner (DocuWare calls its resellers, Partners) base continues to grow in Great Britain, mirroring the interest to work with this specialist in integrated document management. Currently, 17 Authorized Partners are selling DocuWare solutions in the UK – seven of these were added in the first quarter of 2010.

Both DocuWare AG and DocuWare Corporation also enjoyed excellent growth rates in the first quarter of 2010: in the German-speaking countries, revenue grew by 12.5 percent while the U.S. subsidiary boosted revenue by 18.6 percent.  

DocuWare – Integrated Document Management Solutions

DocuWare is an integrated document management software solution that easily automates business processes by electronically managing and sharing documents. Regardless of format or source, documents are stored in one central document pool. One search quickly locates all documents related to a business transaction. All access is secure, controlled, and logged.

With Web-based document management, automated workflow and powerful integration tools to both hardware and software, DocuWare’s flexibility enables complete mobility, transparency and scalability to grow with the customers’ needs. A standard feature is an embedded and fully licensed powerful SQL database enabling full text retrieval. DocuWare also supports all forms of electronic signatures and is independently certified to ensure compliance with important government and private sector standards. 

DocuWare solutions are known for their easy installation, administration and operation, as well as an exceptionally low Total Cost of Ownership. There are over 7500 installations, with more than 100,000 daily users; in over 70 countries (available in 15 languages).

Founded in 1988, DocuWare AG is based in Germering near Munich, Germany. The company’s US subsidiary, DocuWare Corporation, is located in Newburgh, New York and is responsible for all activities in The Americas. Additional subsidiaries are located in the UK, Spain and France. DocuWare solutions are available through its worldwide independent reseller network of over 400 Authorized DocuWare Partners represented by more than 1000 experts who bring DocuWare close to its customers.