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October 18, 2006
QuickArrow's 12th Consecutive Quarter of Revenue Acceleration Marks 42% Annual Growth

QuickArrow, Inc., the Software as a Service (SaaS) leader in Professional Services Automation (PSA), announced today that third quarter revenue for 2006 was 42% greater than the same period in 2005, marking 12 consecutive quarters of revenue growth.

QuickArrow, Inc., the Software as a Service (SaaS) leader in Professional Services Automation (PSA), announced today that third quarter revenue for 2006 was 42% greater than the same period in 2005, marking 12 consecutive quarters of revenue growth. The company also added more than 1900 new users in the third quarter to achieve a 56% year-over-year increase in the QuickArrow user base.

QuickArrow added several key clients in the third quarter, including Progress Software, Spotfire Inc., Skywire Software, and Xenos. In September, the company hosted more than 70 companies at their annual SharedVision Users Conference in Austin, Texas. They also continued their educational client webinar series, SharedSuccess, with two new installments on Project Management and Advanced Analytics, their custom analytics and reporting tool.

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