PathGuide Reports Record Revenue
March 2, 2009
SEATTLE - PathGuide Technologies, a provider of warehouse management systems (WMS) for wholesale and industrial distributors, is reporting record annual revenue for 2008 and record monthly revenue for January 2009. The sales figures exceed all others in the private company’s 19-plus year history. Revenues grew nearly 20 percent in 2008 and the momentum continued with the record new orders in January 2009. PathGuide attributes the bulk of this revenue growth to sales of its flagship software product, Latitude WMS.
“It’s important for any company during any time period to control its expense structure and that’s magnified during these tough economic times,” said Eric Allais, PathGuide CEO. “The numbers speak for itself with our customers verifying that Latitude WMS pays for itself in less than 18 months and returns bottom-line results of $100,000 or more on average year over year.”
PathGuide is hiring employees to support its new accounts. For information, visit www.pathguide.com.
Publication date: 03/02/2009