AWR Records 13th Consecutive Year of Revenue Growth

EL SEGUNDO, Calif. — (BUSINESS WIRE) — April 26, 2010AWR Corporation, the innovation leader in high-frequency electronic design automation (EDA), announced today another financially successful year for its 2010 fiscal year, which ended March 31, 2010. Highlights for the year include: record annual revenues for fiscal year 2010, 13th consecutive year of revenue growth, increase in employee headcount, and global expansion including a new office in Korea.

AWR’s sales growth was driven in large part by heightened demand for its latest product AXIEM™, breakthrough 3D planar electromagnetic (EM) technology. In addition, the military/aerospace and defense sector trend to reevaluate tools during the economic downturn resulted in a transitioning from legacy products to AWR’s Microwave Office® design environment. This retooling trend has been especially strong in the area of monolithic microwave integrated circuit (MMIC) design and added significant momentum to AWR final quarter sales results.

"We are extremely pleased with our financial results this past fiscal year, especially in light of the continued challenging economic climate," said Rick Bottomley, AWR CFO. "Along with record annual revenues, we achieved positive cash flow and continued profitability.”

“Our consistent and continued growth validates that customers need tools that increase their productivity and positively impact their bottom line,” said Dane Collins, CEO at AWR. “Our software solutions deliver those results and even more so when complemented by our valuable staff who service our customer base world-wide.”

About AWR

AWR, the innovation leader in high-frequency EDA software, dramatically reduces development time and cost for products employed in wireless, high-speed wired, broadband, aerospace and defense, and electro-optical applications. For more information, visit www.awrcorp.com.

Visit AWR at:

www.awr.tv/

web.awrcorp.com/content/rss.xml

blog.awrcorp.com/expert/

www.facebook.com/AWRCorporation

www.twitter.com/awrcorporation

www.youtube.com/AWRCorporation

www.linkedin.com/groups?gid=2555178&trk

© Copyright 2010 AWR Corporation. All rights reserved. AWR, the AWR logo, and Microwave Office are registered trademarks and AXIEM is a trademark of AWR Corporation. All others are trademarks of their respective holders.



Contact:

AWR Corp.
Sherry Hess
Vice President of Marketing
(310) 726-3000
Email Contact




Review Article Be the first to review this article

Harris

Featured Video
Jobs
Product Manager for CHA Consulting, Inc. at Boston, Massachusetts
Geospatial Analyst/Programmer for LANDIQ at Sacramento, California
Software Developer for CHA Consulting, Inc. at Norwell, Massachusetts
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Mid-Level Mechanical Engineer for Kiewit at lenexa, Kansas
Director of Process Engineering. for Tekni-Plex at Toledo, Ohio
Upcoming Events
GITA Pacific Northwest Annual Conference at Mukilteo WA - Apr 23 - 24, 2018
FME World Tour 2018 at Frankfurt Germany - Apr 24, 2018
FME World Tour 2018 at Dortmund Germany - Apr 25, 2018
GENEQ
Canon: oce crystalPoint
Teledyne Optech
Teledyne:



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise