| [September 18, 2012] |
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Revionics Continues Rapid Growth - Opens New Office in Austin, Texas
ROSEVILLE, Calif. --(Business Wire)--
Revionics,
Inc., the leading provider of End-to-End
Merchandise Optimization solutions, today announced that it has
expanded and opened a new office in Austin, Texas, to help support its
strong growth, expansion of its team, new product development efforts
and training programs. The company currently has offices located in both
California and Arizona.
"Austin really stood out to us due to its strong technology sector, the
growing talent pool, and the high quality of life it can offer our
employees, which is important," said Marc Hafner, President and CEO of
Revionics. "It is no surprise that with such technology innovators such
as 3M, Apple, Dell, AT&T, Facebook, Google (News - Alert), Intel and Paypal inhibiting
the city, that Austin is known as 'Silicon Hills' and we look forward to
contributing and being part of this city's technology industry and
community."
With over 31,000 retail locations throughout the world leveraging its cloud-based
End-to-End Merchandise Optimization solution, Revionics has
experienced a 69% Compound Annual Growth Rate (CAGR) over the last three
years and an 88% revenue growth in 2011. Reflective of this tremendous
success, this year they received two prestigious industry awards
including: Red
Herring Top 100 Americas Company and a JMP
Securities' Hot 100 Software Company. This new office opening
underscores the company's dedication to innovation and expansion, so it
can continue to meet a market need for its optimization technology,
which helps retailers increase their profits, margins and
competitiveness.
The new office location is:
9606 N. Mopac Expressway, Suite 110, Austin, TX 78759
About Revionics, Inc.
Revionics
delivers the industry's most powerful End-to-End
Merchandise Optimization solution, enabling retailers of all sizes
to execute a fact-based, shopper-centric merchandising strategy
resulting in enhanced financial performance with improved customer
satisfaction. Revionics' solutions leverage advanced predictive
analytics and demand-based science to ensure retailers have the right
product, price, promotion, placement and space allocation for optimal
results. Offered on a scalable, high performance Cloud-based SaaS (News - Alert)
platform, these solutions future-proof retailers from Big Data/Fast Data
challenges, while providing speed-to-ROI. Over 31,000 retail locations
and $95B in annual revenue across grocery, drug, building materials,
convenience, general merchandise, discount, sporting goods stores and
eCommerce sites optimize with Revionics' solutions. Revionics has been
recognized as a Red Herring's Top 100 Americas and JMP Securities' (News - Alert) Hot
100 Software Company. For more information, please visit www.revionics.com.

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