ATLANTA, GA -- (Marketwire) -- 01/29/13 -- Catavolt, Inc., a recognized market innovator in enterprise mobility, announced significant company milestones in revenue, customers, partners, employees and industry recognition in 2012.
Last year, Catavolt's monthly recurring revenue rose by 236 percent while subscribers increased by 268 percent. Fueled by its first round of venture funding in the third quarter, the company solidified its market position by establishing partnerships with other market leaders such as Verizon Wireless and Oracle. In addition, Catavolt has added key features to the platform such as barcode reading, advanced geographic mapping capabilities and business intelligence integration that have opened up advanced use cases in more industries.
Catavolt's Extender solution is a cloud service that securely provides real time access to all enterprise data in the form of native applications to any mobile device. Catavolt's unique approach, based on its patent-pending Dual Model Architecture, enables organizations to rapidly create and deliver mobile applications to business users without the need for costly and traditionally resource-intensive software development projects.
As IT departments worldwide adjust to a Bring Your Own Device (BYOD) environment, Catavolt provides a secure, clear path to rapid enablement of mobile knowledge workers whether in field service, sales, support or other line of business roles.
"We help organizations raise their top line sales and increase both profitability and productivity by leveraging their existing systems through mobile devices. The Catavolt platform allows companies to focus on the business process by eliminating the complexities associated with traditional mobile development," said George Mashini, Chief Executive Officer of Catavolt. "2012 was a breakout year for enterprise mobile adoption and for Catavolt. We are most proud of the increased investment by our existing customers, and in many cases have seen our customers double their Catavolt user base. We believe this to be a direct result of the product's ease of use, ability to support existing IT initiatives, and our focus on customer satisfaction."
Catavolt serves a wide variety of customers, from manufacturing and distribution, to the defense and healthcare industries, all of which are competitively providing mobile business users with access to enterprise data.
About Catavolt, Inc.
Catavolt delivers an enterprise-grade cloud service that provides mobile knowledge workers with instant and secure access to enterprise data on mobile devices. Catavolt Extender provides an alternative to complex, time-consuming and costly mobile development platforms. The solution empowers organizations to leverage existing IT system assets in developing mobile applications. Catavolt is based in Alpharetta, GA and serves companies in a wide variety of industries. For more information about Catavolt and its Extender solution, visit www.catavolt.com.
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Mary Rose Macaranas
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