OutStart announces Q1 profitability

Category:Financial Announcements; LCMS; Knowledge Management
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Vendor:Outstart
Date:1/5/08

OutStart closed its first quarter on March 31 by posting another three months of healthy profitability and positive cash flow. The recent quarter marks the eighth consecutive time the company has recorded such results. Samples of OutStart software contracts signed or renewed during the quarter were: Belgian Railways, the national railway of Belgium; Cardinal Health; Cisco Systems, Inc.; EDS; ExactTarget, a maker of e-mail marketing software; McAfee; Northrop Grumman Corp.; and Yahoo!.

“Our software facilitates knowledge-sharing and training by capturing, organizing and delivering both formal and social learning. By capturing employees’ real-world expertise, we help provide workers with the know-how they need to perform their jobs at the highest level,” said Massood Zarrabian, CEO and president of OutStart. “We’re seeing employers purchase our software as a catalyst for channeling and accelerating knowledge-sharing and learning within their organization.”


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