Userful named Alberta's 10th Fastest Growing Company, Repeating Rapid Business Expansion
CALGARY, AB (January 23, 2006) - Userful Corporation, the creator of unique software solutions that turn one computer into ten, is once again ranked among Alberta's fastest growing companies. Thanks to the continuing worldwide momentum of Desktop Linux, and environmentally sustainable technologies, Userful has maintained strong and consistent growth since launching its product in 2002.
"This is proof that the oil patch is not the only growth industry in Alberta. The Linux market has shown itself to be one of the biggest areas of growth in the IT industry," says Tim Griffin, President of Userful. "Desktop Linux offers fantastic opportunities to increase business competetiveness, save money, and increase uptime and productivity. Userful makes desktop Linux even more compelling by offering a 10-to-1 cost and management advantage over traditional desktop computers. Userful has had success stories across North America, and now we're helping people arround the world. It's an obvious but under appreciated solution which holds immdiate appeal at all levels of business."
Alberta Venture, Alberta's only province-wide business magazine with a readership of more than 239,800, compiles an annual list of the province's 50 Fastest Growing Companies. This year, Userful's overall ranking increased from 15th in 2005 to 10th overall in the under $20 million category. Userful also ranked third in sales growth, and fourth in Research and Development spending with three-year sales growth of 3,076%.
At the core of Userful's rapidly increasing growth is its unique Desktop Multiplier software which gives organizations a 10-to-1 advantage on desktop computer deployments. Desktop Multiplier allows up to ten people to work simultaneously from one computer box, saving money, time, and environmental costs. Software incorporating Desktop Multiplier offers a cost-efficient alternative for desktop computing, saving as much as $10,000 per year per PC. Desktop Multiplier is a part of Userful's industry-leading public computing solution DiscoverStation. Desktop Multiplier is also distributed as a part of Edmonton, Alberta-based Omni Technology Solutions' Desktop Multiplier for Novell Linux Desktop.
Userful's Desktop Multiplier also provides an environmentally-friendly alternative to traditional computing by reducing energy consumption and computer waste by minimizing the computer hardware required to provide a workstation by up to 90 per cent.
"Outside of the oil patch, venture capital is hard to come by in Alberta. Userful is one of Calgary's most remarkable success stories, having grown almost exclusively off of its own revenues. We're now in a great position to start seeking financing to expand our industry and geographic focus."
Userful is a privately held company funded by its founders, with customers across North America. In 2005, US sales accounted for over 60% of its revenue. Userful's unique multi-station software will continue to fuel Userful's growth as the company expands sales through a global network of partners and resellers. Userful software and solutions are currently available from vendors world-wide.
Userful's products provide robust platforms to deliver cost-effective multi-user Linux desktop workstations to public computing venues world-wide. Userful's Desktop Multiplier software is included in its DiscoverStation to deliver up to 10 Linux workstations from just one standard PC. Founded in 1999, Userful's strong growth is fueled by vigorous demand for public computing and desktop Linux world wide. Userful continues to gain momentum in a market anxious for affordable alternatives to traditional computers. Userful was recently named Alberta's 15th fastest growing company under $20 million in revenue. Userful is a privately held company.