10/18/2011- Media Release
EBE TECHNOLOGIES REPORTS INCREASED REVENUE GROWTH FOR FISCAL YEAR 2011
Growth Driven by Need for Innovative Technology Solutions to Help Carriers Address Industry Challenges.
EAST MOLINE, IL - EBE Technologies, the leading provider of enterprise content management, workflow and business process automation solutions for the trucking industry today announces a strong finish for its 2011 fiscal year ending September 30th. Another record year of revenue growth was achieved as the industry slowly rebounded from one of the most challenging economic climates. For FY 2011, revenue growth increased 36% as compared to 31% in 2010.
A significant factor contributing to the results was the recognition by many carriers and logistics providers that EBE’s SHIPS® content and process management solutions help manage their increased workload without adding staff. Some of EBE’s new product and enhancement releases included a CSA CarrierBoard for logistics providers, a comprehensive workflow-based Learning Management System, an Internet-based Forms Manager, an Accessorial Recovery Solution and an enhanced Iconic Workflow Builder and Manager. Also contributing to the success of 2011 was the rapid adoption of EBE’s browser-based cloud solutions including recruiting, driver management and logistics management.
Among EBE's new client acquisitions were fleets from various segments, size and regions. A trend experienced within EBE’s new client base was the integration of its workflows and application solutions with the carriers’ existing legacy imaging systems. Companies which were not in a position to replace their current document management system based on current economic pressures were able to implement EBE applications alongside these existing systems to achieve increased productivity benefits and lower cost of ownership. EBE’s integration functionality extended to TMS systems as well. Considerable focus and resources were dedicated to supporting its clients’ wide range of dispatch systems including TMWSuite® , TruckMate®, TL2000, Innovative®, McLeod®, CLI, MercuryGate® and custom, in-house developed.
"The success we achieved this year is a direct result of the time we spent partnering with leading transportation providers to understand the gaps in their data and document flow between departments and various information systems. We created solutions that allow our clients to capture the content once, then share or integrate that data with their many disparate systems. This capability greatly increases efficiencies and decreases the time needed to make effective decisions,” said Larry Kerr, President of EBE Technologies. “We take our customers input very seriously. They motivate us to deliver innovative products in very tight timeframes in an effort to meet the industry challenges they face every day. This makes us a better company and will continue to be the driving force behind the development of our new solutions.”
October, 2012 will mark the celebration of EBE’s 40th year in business. Several exciting new applications will be introduced over the course of this year that will shape the future direction of the company. Additionally, patents pertaining to EBE’s recruiting and logistics solutions are expected to be awarded in the coming year. “The combination of our strong value proposition and extremely loyal client base positions us for another outstanding year which will enable us to again reinvest in our company. Our continued mission focuses on providing innovative business and technology solutions that will help companies thrive in both good and challenging times," added Kerr.
About EBE Technologies, Inc.
Founded in 1973, EBE is the leading provider of integrated document and content management, workflow and business process automation solutions designed specifically for the transportation and logistics industry. The development of EBE's enterprise solution, SHIPS, evolved from EBE's expertise in imaging and transportation specific workflow applications. Utilizing a unique intelligent database and autoflow technology, SHIPS automates labor intensive operational tasks to deliver improved operational efficiencies, reduced labor costs, unparalleled customer service and increased profitability. SHIPS modules include financials, logistics, recruiting, safety and compliance and driver performance management. SHIPS integration capabilities provide for access to information from company dispatch, accounting, mobile communication, log scanning and other transportation related applications. EBE's blue-chip customer list includes more than 450 leading transportation and logistics companies in North America. Headquartered in East Moline, Illinois, EBE Technologies is a privately held company and has experienced consistent growth and profitability allowing it to reinvest in its people, products and integration partners. For additional information, visit www.ebeships.com or call 1-800-447-0612