ProSim sales turnover increases over 35% in 2005

ProSim, the company that specialises in process simulation software, announced a total revenue increase of 36.6% for 2005, compared to the prior year period

ProSim, the company that specialises in process simulation software, announced a total revenue increase of 36.6% for 2005, compared to the prior year period.

The main part of this growth is due to the record increase in software licenses sales, services revenue contributing to it also but to a lesser extent.

This performance was obtained without decreasing the profitability of the company, since the net income of the company more than doubled over the same period.

"Key indicators are very positive" indicates Stephane Dechelotte, chairman of ProSim.

"The Research and Development investments carried out allow a very good positioning of our products on the market.

Maturity, competence and motivation of our teams do the rest.

We are also getting the first dividends of our efforts to develop our international sales since our export revenues were multiplied by 3.5.

We also note that an increasing number of major players in the oil and gas or chemicals fields give up the solutions proposed by our competitors and switch to ProSim software".

Already recognised for its leading positions in some specific fields (nitric acid plant simulation, power plant optimisation, plate-fin heat exchanger design or batch chemical reactors and distillation column modeling), ProSim offers today a highly competitive general steady-state process simulator (ProSimPlus) and a very smart thermo-physical properties server (Simulis Thermodynamics).

Thanks to this range of software, combined with efficient and reactive engineering services, ProSim is clearly positioned as the alternative to historical process simulation software vendors.

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