GRASP Technologies, Inc. Increases Revenue by 54%, Clients by 60%: Launches New Dashboard Technology

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Feb 08, 2012, 02:17 ET

SAN DIEGO, Feb. 8, 2012 /PRNewswire/ -- Grasp Technologies posted record growth in revenues for 2011. Revenues were up more that 54% and new client growth increased by more than 60%. Grasp predicts it will double its revenue in 2012 and further expand its staff.

"The Grasp team executed our 2011 strategic plans perfectly and we are extremely pleased with the results," said David M. Lukas, vice president of global sales. "We could not have reached our goals without our fantastic clients. They continue to support us and help us to keep our products on the cutting edge in the industry."

Grasp also has launched its new Dashboard Technology. The product will enable all dashboard items in Grasp Data Business Intelligence to HTML5 technology and is now compatible with iPad, iPhone, Android, tablet, and smart phones. "This was a major initiative for us and we are excited to be the first in our space to be fully upgraded to this technology," said Erik Mueller, Grasp president and CEO. "Our clients will now have the ability to do so much more, visualize their data in ways they have never had, and be able to manage their business better from anywhere."

The upgrade will also allow for many new features in the future, including future mobile apps that tie into Grasp's platform, the completion of Grasp's highly anticipated Report Builder product, and the ability to bring in even more types of data into Grasp Data Business Intelligence.

About Grasp Technologies (www.grasptechnologies.com)
Grasp Technologies are experts at helping companies worldwide know the unknowable by creating custom solutions that help them quickly adapt to constantly changing business climate and customer needs. With more than ten core products and an arsenal of custom solutions, GRASP is a leading provider of data technology for the travel industry and other industries throughout the world. Erik Mueller, founder and CEO of Grasp, often says that "There is nothing we cannot do with data!" Founded in 1996, Grasp provides unmatched customer service and serves as an ongoing source of knowledge and expertise for both customers and anyone in need of data and technology support. Grasp has offices in San Diego, CA and Columbus, OH.

SOURCE Grasp Technologies