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Plex Systems Announces Record First Quarter 2012 Financial Results
May 1, 2012Plex Systems, provider of Plex Online, Cloud ERP for manufacturers, announces its financial results for the first quarter ending March 31, 2012.
AUBURN HILLS, Mich., May 1, 2012 -- Plex Systems Inc., provider of Plex Online, Cloud ERP for manufacturers, today announced its financial results for the first quarter ending March 31, 2012. Total revenue for the quarter increased 30.6 percent. Recurring revenue increased by 30.5 percent, representing the 19th consecutive quarter of growth. Note that as a private company, Plex Systems does not release dollar values for its revenue and profitability figures. In the first quarter, the company grew by adding 12 new customers and 16 employees. The company now has 223 talented staff, including new Vice President of Strategy Jim Shepherd, formerly with Gartner. Plex Systems also announced the dates for PowerPlex, its 11th annual user conference. It will be held on May 14-16, 2012, at the Indianapolis Marriott Downtown. This year's theme is "Know More, Do More, Win More." "Our first-quarter results underscore our continued momentum and validate our optimism for 2012 and beyond," said Mark Symonds, Plex Systems president and CEO. "We will continue to expand and improve while providing the best service to our existing customers." Awards and Recognitions Plex Systems continued to receive industry recognitions and awards in the first quarter. Notable are:
- Plex Online was a finalist in the "Tomorrow's Technology Today" category of the eighth annual Info Security's 2012 Global Excellence Awards.
- Five of Plex Systems' customers received the 2012 Manufacturing Leadership 100 (ML100) awards presented by Manufacturing Executive.
- Plex Online is a finalist in three categories of the Software & Information Industry Association's 27th annual CODiE Awards: Best Supply Chain Management Solution, Best Business or Competitive Intelligence Solution, and Best Document Management Solution.
Community Giving Plex Systems announced Make-A-Wish Foundation of Michigan as its charity partner for 2012. The Make-A-Wish Foundation of Michigan grants wishes to children with life-threatening medical conditions. Every year, Plex Systems employees select one or two nonprofits to support. At the 11th annual PowerPlex, the company will host a silent auction to raise funds for the Make-A-Wish Foundation of Michigan.
About Plex
Plex, ºÚÁϳԹÏÍø, is a leader in cloud-delivered smart manufacturing solutions, empowering the world's manufacturers to make awesome products. Our platform gives manufacturers the ability to connect, automate, track, and analyze every aspect of their business to drive transformation. The Plex Smart Manufacturing Platformâ„¢ includes solutions for manufacturing execution (MES), ERP, quality, supply chain planning and management, asset performance management, production monitoring, process automation and analytics to connect people, systems, machines and supply chains, enabling them to lead with precision, efficiency and agility. To learn more, visit http://www.plex.com.
About Rockwell Automation
Rockwell Automation, Inc. (NYSE: ), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit .
Contact Information
Mario R. Martin
Senior Manager, Global Public Relations
Rockwell Automation
+1.414.374.2917
MRMartin@rockwellautomation.com