(NRK: Williamsburg, VA) -- New River Kinematics (NRK), producer of SpatialAnalyzer, has announced record revenue and earnings in 2011 with a 21-percent revenue growth over the previous year. During the past five years, NRK has maintained a greater than 20-percent average year-to-year growth.
ADVERTISEMENT |
Significant international growth and continued worldwide demand for SpatialAnalyzer in a variety of industries has fueled NRK’s growth. International sales account for approximately 40 percent of NRK’s revenue with the greatest growth occurring in Europe and Asia.
NRK’s core software package, SpatialAnalyzer, is quickly becoming the de facto standard portable metrology software in manufacturing plants throughout the world. SpatialAnalyzer interfaces with more 120 portable metrology instruments and continues to partner with all the leading instrument manufacturers to meet the needs of new instruments as they are introduced. SpatialAnalyzer is primarily used in the aerospace, shipbuilding, automotive, energy, and satellite industries for both advanced and day-to-day applications.
“We are pleased with the tremendous growth of SpatialAnalyzer users as more and more manufacturers around the globe look to increase efficiencies by adopting the SpatialAnalyzer solution,” says NRK president Paul Collins. “We expect 2012 to be another strong year of growth for NRK both internationally and domestically as endusers find that SpatialAnalyzer increases the value of their portable metrology instruments. SpatialAnalyzer’s versatility with a variety of instruments in a multitude of settings makes it the leading choice in portable metrology software.”
For more information, contact Jessica Ruff, marketing communications director, at (757) 565–1500 or e-mail to pr@kinematics.com.
Add new comment