120% Software License Revenue Increase Exceeds Company Expectations
SAN JOSE, CA – August 12, 2008 — Tensoft, a leading end-to-end ERP and supply chain solution provider for the semiconductor industry, surprised industry watchers by announcing significantly higher than expected software licensing revenues and new customer adds for the first half of 2008. Validating its investment in both sales and development in 2008, Tensoft has booked a 90% increase in software licensing revenue over the previous six month period and a 120% increase over the same period last year.
“2008 is presenting economic challenges for many companies, but we’ve been fortunate to have made some good bets on our strategic focus, and have won some great new customers, growing our business as a result,” said Tensoft CEO Bob Scarborough. “Our customers continue to rely on Tensoft to help them maximize resources and profitability — even when other businesses are challenged. We’re grateful to both existing and new customers for helping us make such a strong start to the New Year, and we look forward to helping all of our customers become as successful as they can be.”
New Tensoft customers added in the last six months are headquartered throughout North America, including Northern and Southern California, Arizona, and the East Coast. These new customers have operations in Shanghai, Hong Kong, Singapore, Beijing, Tokyo, Quebec, Sao Paulo, London, Paris, Frankfurt, Sydney, Dubai, Budapest, Milan, Geneva, and Mumbai.
One of Tensoft’s newest customers is ISE Labs, Inc. of Fremont, CA. ISE Labs is a wholly owned subsidiary of ASE Test Limited, and chose Tensoft to deliver and help implement its new ERP system. “We’ve just begun an ERP implementation with Tensoft, but we’ve had a chance to work with them already during a pilot project. We look forward to continuing to work together for the successful completion of this project,” said ISE Labs VP Administration Jeff Thompson.
About ISE Labs, Inc.
ISE Labs, Inc. is a leading semiconductor engineering service provider which offers a full spectrum of services related to integrated circuit (IC) assembly, packaging, and testing. The company is a wholly-owned subsidiary of ASE Test Limited, the largest semiconductor testing service provider in the world. ISE assists customer in device package selection/design, assembly, testing and characterization, offering everything from “Quick Turn” production to IC testing. Headquartered in Fremont, CA, the company also has facilities in Austin, TX and Singapore. For more information call (510) 687-2500 or go to www.iselabs.com.
About Tensoft
Tensoft, Inc. specializes in innovative, end-to-end ERP and supply chain solutions for the fabless semiconductor and high tech industries. Founded in 1996, Tensoft delivers results tailored specifically to each customer’s needs. The company sells its products directly to customers and partners with established firms in the U.S., Canada, and Europe to re-sell and provide local support for its products. For more information, go to www.tensoft.com or call (888) 450-4030 X406.