ASI Reports Record Revenue in 2008 Despite Poor Economy
Web-based Software Provider Continues Dominance in Association
Market and
Increases Prominence in Non-Profit Sector
ALEXANDRIA, Va., (March 2, 2009) — Advanced
Solutions International (ASI), the largest, privately-owned global
provider of web-based software for member and donor-based non-profits,
today announced results for the past 12 months ending December 31, 2008.
The company reached the following milestones:
- ASI achieved record revenue in 2008 with a 22% increase in new
customer software license revenue. ASI's international operations in
Canada, Europe and Australia also collectively achieved record revenue
this year.
- ASI acquired U.K. charity and fundraising software company, Fisk
Brett, creating the largest, privately-owned global provider of
web-based software for member and donor-based non-profits and the UK's
no. 1 specialist software provider for the not-for-profit sector. The
combined company has served nearly 3,000 customers and has nearly 200
employees in seven offices worldwide.
- ASI was rated #1 for customer satisfaction by an independent survey.
ASI was ranked first for meeting customer expectations in time to
implement, cost to implement, ease of implementation, and
post-implementation performance in an independent survey, by Lehman
Associates, of associations with more than $2 million in revenue. The
survey also confirmed ASI's leadership position in the association
market, with a nearly 40% market share.
- ASI announced the availability of Social Networking for iMIS, a fully-integrated online community platform
with Blogs, Shared Libraries, Profiles, Forums, Tagging and Tag clouds,
Groups, and Listservs. In 2008, ASI also launched iMIS Friendraising, a peer-to-peer marketing tool;
iDashboards for iMIS, a visual role-based
reporting tool; and iMIS TaskCentre, a
workflow automation tool.
- ASI received three major industry awards for support and
performance. Service Strategies Corporation (SSC) recognized ASI with a
certification in Service Capability and Performance (SCP) support
standards for the sixth year in a row, as well as professional service
standards for the second consecutive year. ASI was also honored with the
Software Testing Best Practice Award from the International Institute of
Software Testing (IIST).
- ASI met PCI-DSS self-assessment validation level five for iMIS. ASI conducted the self-assessment process of
review and implementation of policies, procedures and technologies to
meet the 2009 Payment Card Institute Data Security Standards (PCI-DSS)
Compliance requirements. Level five is the highest level, and applies
both to iMIS and to ASI hosting services.
"Despite the economic downturn, we had a strong year in 2008 which we
attribute to our commitment to 'keep our customers for life'. By setting
realistic expectations and then delivering on them, we continue to
improve the quality and strength of our customer relationships. This
approach was validated by the Lehman Associates independent survey
findings which rated us #1 for customer satisfaction," said Bob Alves,
Chairman and CEO of ASI.
About ASI
Advanced Solutions International (ASI) is the largest,
privately-owned global provider of web-based software for member and
donor-based non-profits and has served nearly 3000 customers and
millions of users worldwide since 1991. ASI is the developer of iMIS, an upgradeable software solution for managing
associations, membership, non-profits, and fundraising. iMIS 15, the latest evolution of iMIS, leverages Microsoft's .NET development
platform to provide a flexible and open web-based solution.
