Record top line and bottom line figures achieved for 6th consecutive year
Tuesday, January 2, 2001
Rubric has announced record revenue for the fiscal year 2000, which ended on November 30. Rubric also announced that it has achieved its 6th consecutive year of double-digit profitability. Demand for Rubric's localization services was especially strong in enterprise software, e-business solutions and Internet applications. As a result of the revenue growth, the company expanded its production facilities and steadily increased its staff during the year, including a significant expansion in Japan.
Through Rubric's Streamliner™ localization methodology, the company is able to provide a reliable, customized and sustainable localization service for its list of blue-chip Information Technology customers. Consequently, Rubric's customer retention rate has been consistently above 95%.
"We are highly pleased with the financial results for 2000," stated Tom Shapiro, VP of Sales & Marketing at Rubric. "The excellent performance resulted from growth with existing customer accounts as well as new accounts. With our continued focus on reliability and process-driven localization, we look forward to strong growth and high customer satisfaction again in 2001."
About Rubric
Rubric assures a better localization experience. Specializing in globalization services for the high technology industry, Rubric brings flexibility, on-demand scalability, and integrity to guarantee localization success. Rubric's refined processes adapt to the high tech sector's need for proactive localization planning, anticipation of dynamically changing requirements, and agile response capabilities. For more information, visit www.rubric.com.