Catalog Data Solutions announces 70% annual growth rate for 2007
San Jose, CA, February 12, 2008. Catalog Data Solutions (CDS), a leading provider of online product selection tools for industrial suppliers and distributors, today announced that its 2007 annual revenue increased by 70% over 2006 and that the fourth quarter (Q4 2007) revenue increased by 100% over the previous year (Q4 2006). In 2007, the company’s new and repeat customers included Accurate Screw Machine, Advanced Machine Engineering, Alstom Signaling, ASCO Valve, ASK Products, Associated Spring Raymond, ASK Products, Assured Automation, Atlas Caster, Buckeye Fasteners, Captive Fasteners, Century Spring, Charlotte Pipe, Design World Online, Designatronics, Emerson Power Transmission, Fibergrate, Gates Fluid Power, Gates Power Transmission Division, Hiplains Filtration, International Gas Springs, J.W. Winco, Micromo,
Midwest Controls, Ohio Nut and Bolt, PTC, Rino Mechanical, R&W Couplings, Sofasco, SPX Hytec, Stock Drive Products/Sterling Instrument, Techno and more. In addition the company’s new or renewed partnerships included PTC, Autodesk and Solidworks and the company launchedwww.3DModelSpace.com, its new free CAD model search engine. "Whether they are looking for new parts, spare parts or CAD models our products save design engineers valuable time and make it easier for industrial suppliers’ products to be selected online," said John Major, CEO, Catalog Data Solutions. "More than 90% of design engineers now search for parts online - our 2007 results confirm that manufacturers are increasingly responding by providing their part details and CAD models. As Daniel M Smith of the Goodrich Corporation said, I am a designer, and I dictate where the parts are purchased from. If you have the CAD model I want, you get the sale. It is just that simple.
About Catalog Data Solutions (CDS)
Founded in 2005 with headquarters in San Jose, CA, Catalog Data Solutions enables industrial suppliers’ products to get found, selected and ordered online. CDS hosted solutions include CDS ModelServer, CDS Catalog, CDS Spare Parts Catalog, CDS Configurator and CDS Services to build CAD models, do data engineering and customize the software to suit your customers needs. For full information, visit www.catalogdatasolutions.com.