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For Immediate Release<br />
CONTACT:<br />
Christiane Hoeninger<br />
O: 813.977.1512 / M: 415.999.0267<br />
christiane.hoeninger@dolphin-corp.com<br />
Julie Sellew<br />
Matter Communications for <strong>Dolphin</strong><br />
O: 401.654.4976<br />
dolphin@matternow.com<br />
<strong>Dolphin</strong> Achieves Record Growth in Q1 2013<br />
Revenue Rises Nearly 50 Percent as SAP ® Software Partner Reports Strong Year-Over-Year<br />
Growth; Increased Customer Adoption of Multiple Solution Suites<br />
West Chester, PA – April 30, 2013 – <strong>Dolphin</strong>, a solution provider and SAP ® software partner,<br />
today announced that Q1 2013 was its most successful first quarter in <strong>the</strong> company’s eighteenyear<br />
history. The company achieved year-over-year revenue growth of nearly 50 percent from<br />
Q1 2012 and 20 percent growth from <strong>the</strong> preceding quarter, Q4 2012.<br />
In addition to its overall revenue growth, <strong>Dolphin</strong>’s Business Process Management (BPM)<br />
solutions realized an increase of greater than 260 percent during <strong>the</strong> quarter over <strong>the</strong> previous<br />
year. This growth was driven in part by increased sales to multiple long-time Data Lifecycle<br />
Management customers. More specifically, companies using <strong>Dolphin</strong>’s data archiving solutions<br />
for SAP systems are increasingly turning to <strong>Dolphin</strong> for help with automating and optimizing<br />
procure-to-pay (P2P), order-to-cash and o<strong>the</strong>r business processes. This includes global leaders<br />
in oil and gas, energy, manufacturing, and consumer electronics who have purchased <strong>Dolphin</strong>’s<br />
Process Tracking System for SAP Accounts Payable and Accounts Receivable for its overall<br />
flexibility and to leverage its tight integration with SAP Financials, as well as <strong>the</strong> company’s<br />
deep process and SAP expertise.<br />
“<strong>To</strong> keep hitting our annual growth targets and maintain <strong>the</strong> profitability we’ve been achieving<br />
year-over-year, we continue to invest in our people and our solutions,” said Art Smithson, Chief<br />
Financial Officer, <strong>Dolphin</strong>. “With one-third of FORTUNE 100 companies running SAP<br />
applications having implemented our solutions, this is especially important to us as we continue<br />
to grow our roster of notable corporations.”<br />
<strong>Dolphin</strong> continues to invest in and sustain its recognized leadership in SAP data archiving and<br />
data lifecycle management. Sales of traditional solutions in this area remain strong, along with<br />
newer products such as field level data encryption, <strong>Dolphin</strong>’s solution to store SAP archived<br />
data and documents to Cloud with transparent retrieval, and nearline storage (NLS) for archive<br />
data from SAP systems including SAP HANA applications. <strong>To</strong> help keep pace with this rise in<br />
demand, <strong>Dolphin</strong> has added an average of one employee per month over <strong>the</strong> last twelve
months. A 100 percent employee owned company, <strong>Dolphin</strong> has maintained an average annual<br />
growth of more than 15 percent for <strong>the</strong> past five years.<br />
About <strong>Dolphin</strong><br />
Focused on improving business performance through transformative Business Process<br />
Management and Data Lifecycle Management solutions for customers running SAP systems,<br />
<strong>Dolphin</strong> provides <strong>the</strong> right solution for each customer, faster, through its unmatched experience<br />
in SAP technologies and its proven best practices, tools and SAP certified add-on applications.<br />
<strong>Dolphin</strong> improves business and IT performance, lowers total cost of ownership and delivers a<br />
high return on investment.<br />
The company was founded in 1995 and has offices in Philadelphia, PA and San Jose, CA.<br />
<strong>Dolphin</strong> solutions are implemented across North America and around <strong>the</strong> world. <strong>To</strong> learn more,<br />
go to www.dolphin-corp.com or email contact@dolphin-corp.com.<br />
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