CIMdata PLM Industry Summary Online Archive

22 April 2008

Financial News

Catalog Data Solutions Announces 100% Growth Rate for Q1 2008

Catalog Data Solutions (CDS) announced that its Q1 revenue increased by 100% over Q1 2007.

CDS finished 2007, its second full year, with 44 customers and in Q1 2008 added 9 new customers: aMsp (All Metric Small Parts), AST Bearings, Aviation Metals, B & B Manufacturing, General Bearing, Plastic Products, Standard Lifters, Hamilton Company, Thermaco - Big Dipper. In addition the company continued to expand the content available on its new free CAD model search engine www.3DModelSpace.com.

As Daniel M. Smith of the Goodrich Corporation said, “I am a designer, and I dictate where the parts are purchased from. If you have the CAD model I want, you get the sale. It is just that simple.”

"Whether they are looking for new parts, spare parts or CAD models our products save design engineers valuable time and make it easier for industrial suppliers’ products to be selected online," said John Major, CEO, Catalog Data Solutions. "More than 90% of design engineers search for parts online – and our Q1 results confirm the acceleration of manufacturers responding by providing their part details and CAD models online.”

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