Nexala awarded "New Company of the Year 2006"

November 10, 2006 - Dublin, Ireland

Nexala has been named software New Company of the Year by the prestigious Irish Software Association (ISA). Nexala claimed the award from significant competition based on its proven ability to consistently deliver rapid profitable growth year on year.

In winning the award, Nexala clearly demonstrated its superior strategic vision, demonstrated execution, quality of products and services, marketing, innovation, sales, customer care and professional development of staff. In judging the award the panel recognised a number of key achievements which clearly set the company ahead of its competition. These included the acquisition earlier in the year of the Equinox business, the closing of multiple new contracts in 2006 in the U.S, and U.K. markets, the achievement of 100% revenue growth year on year and continued profitability.

Chairman of the ISA, Bernie Cullinan, speaking at the Awards said "Nexala is a leading light in the Irish software sector. Nexala is deeply rooted in research, development and innovation. They exemplify the ambition, innovativeness and professionalism of the industry. Nexala have demonstrated that indigenous software companies have the ambition and competence to become leaders of Irish business as our economy moves up the value chain."

Nexala is a world leader in Asset management, Advanced Planning and Service Management software. Nexala's solutions allow companies to plan for the future, improve operational efficiencies, manage their service levels, and fundamentally to reduce their costs while at the same time ensuring that the service they provide is maintained to the highest level. In effect, Nexala is about improving business performance. Nexala was formed in 2002 following the acquisition of a number of technology organisations. Nexala has operations in Ireland, United Kingdom, France and North America. Nexala has a number of agents and distributors servicing Asia and the Middle East

About Nexala
Nexala is a world leader in Asset management, Advanced Planning and Service Management software. Nexala's solutions allow companies to plan for the future, improve operational efficiencies, manage their service levels, and fundamentally to reduce their costs while at the same time ensuring that the service they provide is maintained to the highest level. In effect, Nexala is about improving business performance. Nexala was formed in 2002 following the acquisition of a number of technology organisations. Nexala has operations in Ireland, United Kingdom, France and North America. Nexala has a number of agents a distributors servicing Asia and the Middle East