Viewpoint Passes Significant Milestones and Continues Trending Upward

July 20, 2011

Tools

PORTLAND, Ore.--(BUSINESS WIRE)-- The second quarter of 2011 saw Viewpoint Construction Software pass through some significant milestones and continue on some important trend lines.

First, Viewpoint celebrated its 35^th anniversary in June. “Viewpoint has been serving the needs of the construction market for 35 years, and we are making decisions consistent with another 35+ years of service to this dynamic industry,” noted Jay Haladay, Viewpoint’s CEO. “Our continued reinvestment in our products, services, and employees has provided a very stable base for the future of Viewpoint, its customers, business partners and other key stakeholders.”

This continuing reinvestment underscores other significant milestones and exciting trends for Viewpoint. With the publication of the 2011 ENR400 in May, Viewpoint exceeded an important goal of increasing users within this elite group. Over 20% of the ENR400 constructors (85) use Viewpoint V6 Software® as their mission-critical accounting and operations software. This number has grown rapidly over the past four years and Viewpoint is adding ENR400 members at an increasing rate. “While the ENR400 members do have unique needs, we have seen our customer base grow in all segments of the construction market,” highlighted David De Rego, Viewpoint’s Director of Marketing. “Viewpoint added 59 new customers during the first half of 2011. This represented a 40% or greater rate of new customer adoption versus the first half of 2010.”

Revenue also continues rising with 35% growth over Q2 2010 and software sales in Q2 2011 growing 50% over the same period last year. According to DeRego, a strong component to the increased sales numbers is the market’s awareness of Viewpoint products and services. “Our focus on collaboration with customers creates a real partnership, and we hear repeatedly at tradeshows and in daily communications that customers are extremely pleased not only with our software, but also with the continuous support they receive. The industry buzz couldn’t be better.”

Viewpoint’s growth has not been at the sacrifice of customer satisfaction. During the second quarter Viewpoint performed its annual customer satisfaction survey. “While the complete analysis of results is still underway, we are pleased to report that overall satisfaction scores continued to trend upward,” noted Pam Snodgrass, Viewpoint’s Manager of Customer Quality. “This annual feedback from our customers is very important, and we take great care in designing our survey to comply with best practices. In addition to gauging overall satisfaction, our customers provide detailed feedback in a variety of areas that allow us to continue identifying and acting upon improvement opportunities.”

“Viewpoint has developed a unique customer-centric culture. We believe that this shows through in both our year-to-year product enhancements and overall high level of customer support. Those contractors making software decisions appear to be recognizing these positive attributes as they adopt new software to prepare for their futures,” concluded Haladay.

About Viewpoint Construction Software:

With a long-standing focus on meeting the information needs of construction organizations, Viewpoint has achieved a leadership position in construction enterprise software. Built on a contemporary and scalable Microsoft .Net platform, the firm provides construction-specific software solutions including cloud computing and subscription options that address the unique needs of leading firms throughout the U.S., Canada and Australia.

Viewpoint works closely with its customers to gain specific insights necessary to evolve the software as industry conditions change. The result is software that is built to adapt and scale as customers’ business needs grow and change. Most importantly, it means providing an information platform as rock-solid as the foundations upon which our customers build their roads, bridges and buildings. For more information, visit www.viewpointcs.com.