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17/08/2005

Xytech Systems projects significant growth

Xytech Systems Corporation, a leading provider of workflow and media asset management software, has come a long way since its inception 18 years ago in the garage of Richard Gallagher, Chief Executive Officer.
Today, the company has grown its employee number by two-fold in just the past year from 25 to more than 50 employees, boasts three locations, and a 30% financial gain since 2004.
“Since the merger in 1997, when XYMOX became Xytech Systems, we have evolved into a robust company with a global presence within the media and entertainment industry,” said Jim Gaynor, Vice President of Business Development. “With a growth rate of over 40% since 2004, and as we continue to be contacted and are engaging in licensing relationships with a number of large studios and corporations, we project to grow at least another 20% by 2006.”
Xytech Systems is gaining global recognition as one of the most innovative companies in the entertainment, enterprise and corporate arenas. The company continues to build momentum, upgrading its products to provide top of the line performance and reliability.
To think that this company began in my garage, and we have grown it into a powerful corporate entity is truly amazing,” Gallagher said. “Through the hard work and dedication of some of the most talented people in the industry, Xytech is building a strong reputation and will only continue to grow and provide superior enterprise wide software solutions to our clients.”
(GB)
VMI.TV Ltd

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