Synygy Inc. - Synygy Announces Positive Q3 Results with Profit Increasing 54 percent over Prior Year

Store this angel in big sizeSynygy Inc., the better and a lot of accomplished provider of sales achievement administration (SPM) solutions, today appear absolute after-effects for the division concluded September 30, 2009. The sole bell-ringer in the SPM amplitude that can point to a about two-decade continued history of advance and profitability, Synygy’s banking highlights for the aeon cover an access in accumulation of 54 percent over the aforementioned division of the above-mentioned year.

Synygy’s solid annual achievement was apprenticed by:

* assiduity of alternating cable acquirement accepting added than 70 percent of absolute revenue
* advance in gross margins, with increases in abundance added than offsetting reductions in fees answerable for accomplishing services
* all-embracing abatement in operating costs admitting a 15 percent access in sales and business expenditures

On the software development front, the quarter’s achievements included a fourth above software absolution for the year that featured added dashboards, new workflow applications for telecommunications, insurance, and added industries, and fully-automated SAP integration, all while application the aforementioned apartment of SPM applications for both on-premise and on-demand deployments.

Other third-quarter achievements included:

* acceptance by CRM annual as an Incentive Management Market Leader
* almanac appearance at Synygy’s Executive Education Series webcasts which about angled against the aforementioned aeon endure year
* the hiring of 12 new salespeople, including two sales admiral who ahead formed for competitors
* a affiliation with allurement rewards industry baton Maritz to advance and bazaar a absolute SPM band-aid that includes tracking and accomplishment of acceptance programs
* a new accumulated website highlighting broadcast SPM solutions
* a five-year face-lifting by one of the company’s better and longest-tenured clients
* on-time, on-budget deployment of an end-to-end sales advantage administration activity for a arch provider of healthcare services, IT, and automation.

“We are actual admiring with our Q3 achievement and our advancing affirmation of Synygy’s administration in the SPM market, abnormally in ablaze of the crumbling acquirement and addition losses of our competitors. In a division if a adversary bargain its agent calculation by added than 23%, Synygy connected to grow, accretion our all-around sales staff, our business department, and our software development group,” said Mark A. Stiffler, admiral and CEO. “Synygy’s advance as the better and a lot of accomplished provider of SPM solutions widened in the third quarter, and with our sales activity at a almanac level, we are well-positioned for connected success and accelerated advance in 2010.”

About Synygy
Synygy is the better and a lot of accomplished provider of sales achievement administration (SPM) software and services. These cover SPM solutions for: sales advantage administration (incentive compensation; rewards and recognition; and absolute compensation); sales communications administration (sales portals; reporting, dashboards and analytics; and analysis, alerts and answers); sales ambition administration (territories and channels; activity appraisal and forecasting; and quotas and objectives); and sales action administration (recruiting, evaluating and training; workflow processes; and abstracts athenaeum and abstracts processes). Based in Chester, Pennsylvania, with all-encompassing operations in Europe and Asia, Synygy has accomplished 18 connected years of success. www.synygy.com

Synygy Inc.
2501 Seaport Drive,
Chester, PA
Ph: 610-494-3300
Press Contact: Sue St.Laurent