Staffware profits up 244% in 1997

Workflow solutions vendor Staffware (Bedford, MA,

http://www.staffware.com) has released financial results for the first half of 1997. Revenues of $12 million represent a 90% increase from revenues of $6.2 million in the first half of 1996. Profits also increased sharply, up 244% from the first half of 1996 to $850,000. Contributing factors to these gains were a 600% increase in sales, and the release of the Staffware 97 workflow engine and Staffware Global Java client. "Staffware is seeing exceptional growth as the workflow market finally matures," stated Delphi (Boston, MA, http://www.delphigroup.com) consultant Tom Koulopoulos. "We believe that this indicates a promising future for the company and a leadership position in the workflow market space."