Fidus Systems Achieves Highest Quarterly Bookings in Company History

News provided by

Jun 02, 2011, 11:30 ET

Successful new client engagements drive Fidus' First Quarter Bookings to exceed targets

OTTAWA, June 2, 2011 /PRNewswire/ - Fidus Systems Inc., a leader in Electronic Product Development, Staff Augmentation, and Consulting Services, is pleased to announce record bookings of $2.3M for its first quarter of 2011.

"We are very pleased about our first quarter bookings as they are the highest ever recorded in Fidus' ten year history," said Michael Wakim, Fidus President and CEO. "We believe this to be an excellent indicator of what Fidus has to look forward to in 2011. This strong result reflects the value of our offering and our strong commitment to customers."

The first quarter bookings results are credited to continued success in engaging new clients and strong repeat business from existing customers. These results will enable Fidus to further strengthen its market position through diversification, growth, and technology investment.

Fidus' first quarter efforts focused on delivering solutions related to high-end computing platforms, video processing, inductive power systems, hand-held battery powered portable electronics, antenna design, and high-speed FPGA-based DDR3 interfaces.

About Fidus Systems
Fidus Systems Inc. provides electronic product development, staff augmentation, and consulting services to companies across a wide range of industries. Fidus' extensive experience includes System Level, RF/Wireless, Signal/Power Integrity, Hardware, PCB Layout, FPGA/DSP, Embedded Software, and Mechanical Design. As a design partner, Fidus offers companies greater flexibility and capability in their product development with access to the expertise, process, and tools to successfully move their products to market. Fidus has delivered on more than 800 products and projects for 215 customers across North America. For more information, please visit www.fidus.com.

The Fidus name and the Fidus logo are trademarks of Fidus Systems Inc. Other registered and unregistered trademarks are the property of their respective owners.

SOURCE Fidus Systems Inc.