AWR Reports Record Financial Performance for First Half FY2010 Despite Uncertain Economy

Company Credits Exceptional Product Technology and Company Culture Focusing on Customer Productivity for Continuous Success

EL SEGUNDO, Calif. — (BUSINESS WIRE) — October 26, 2009AWR®, the innovation leader in high-frequency electronic design automation (EDA), today announced record revenues for the first half of its 2010 fiscal year which ended September 30, 2009. The company also reported record profitability (EBITDA) for this same period, as well as the largest number of employees in its history. In contrast to competitors in the market sectors it serves, AWR is thriving and growing despite the uncertain economy.

AWR's performance in the first half of its current fiscal year (2010) was driven by consistent growth within existing aerospace and defense accounts as well as from new customers switching to AWR products from competing tools as they look to exit this recession with a competitive advantage.

“In these tumultuous times, trust has become a huge issue,” said Dane Collins, AWR CEO. “AWR’s continued success, over the years and especially throughout this year-long economic recession, attests to the fact that customers are convinced that AWR is in the best position to support their long-term goals and is the one vendor committed to the RF and microwave market. Focusing on the productivity of our customers is a winning strategy. Delivering exceptional product technology and complementing that with a company culture that believes in going the extra mile to ensure the success of our customers is a powerful combination and one that is clearly working well for AWR."

About AWR

AWR is the innovation leader in high-frequency EDA software that dramatically reduces development time and cost for products employed in wireless, high-speed wired broadband, aerospace and defense, and electro-optical applications. The privately-held company has thousands of active users and is headquartered at 1960 East Grand Avenue, Suite 430, El Segundo, Calif. 90245. For more information about AWR and its products, visit www.awrcorp.com.

© Copyright 2009 AWR Corporation. All rights reserved. AWR, and the AWR logo are registered trademarks of AWR Corporation. All others may be trademarks of their respective holders.



Contact:

AWR Corp.
Sherry Hess, Vice President of Marketing
310-726-3000
Email Contact




Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Computer History Museum: the Future of War is Here
More Editorial  
Jobs
REVISED***Director Product Line RF/IC for EDA Careers at San Jose, CA
Senior SW Developer for EDA Careers at San Jose, CA
Upcoming Events
“Empowering Leadership with WIT and WISDOM” at SEMI 673 South Milpitas Blvd. Milpitas CA - Nov 28, 2017
Artificial Intelligence and Convolution Neural Networks Discussion at San Jose State University Student Union Theater San Jose CA - Dec 4, 2017
Silicon Valley's Only Comprehensive Embedded Systems Conference at San Jose Convention Center 150 W. San Carlos St. San Jose CA - Dec 5 - 7, 2017
Oski Technology’s Decoding Formal Club Meeting at The Conference Center San Jose CA - Dec 7, 2017
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: UltraPLL



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise