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NRK Announces Record Growth Results

Dépèche transmise le 23 janvier 2012 par Business Wire

NRK Announces Record Growth Results

WILLIAMSBURG, Va.--(BUSINESS WIRE)--New River Kinematics (NRK), producer of SpatialAnalyzer® (SA), announces record revenue and earnings in 2011 with a 21% revenue growth over the previous year. Over the past five years, NRK has maintained a greater than 20% average year to year growth.

Significant international growth and continued worldwide demand for SpatialAnalyzer in a variety of industries has fueled NRK’s growth. International sales account for approximately 40% of NRK’s revenue with the greatest growth occurring in Europe and Asia.

NRK’s core software package, SpatialAnalyzer, is quickly becoming the de facto standard portable metrology software in manufacturing plants throughout the world. SpatialAnalyzer interfaces with over 120 different portable metrology instruments and continues to partner with all the leading instrument manufacturers to meet the needs of new instruments as they are introduced. SpatialAnalyzer is primarily used in the aerospace, shipbuilding, automotive, energy, and satellite industries for both advanced and day-to-day applications.

NRK President Paul Collins says, “We are pleased with the tremendous growth of SA users as more and more manufacturers around the globe look to increase efficiencies by adopting the SpatialAnalyzer solution. We expect 2012 to be another strong year of growth for NRK both internationally and domestically as end-users find that SpatialAnalyzer increases the value of their portable metrology instruments. SpatialAnalyzer’s versatility with a variety of instruments in a multitude of settings makes it the leading choice in portable metrology software.”

http://www.kinematics.com

New River Kinematics, a Williamsburg, Virginia based company is a leading provider of portable metrology software to companies around the world. Its flagship product, SpatialAnalyzer, specializes in spatial transformations, data fitting, geometry construction, analysis, reporting, robot calibration, and 3D CAD data exchange for manufacturers worldwide.