VANCOUVER, British Columbia--(BUSINESS WIRE)--Protexis, the leader in digital content distribution for online retailers, today announced that it achieved record growth rates in the past 3 fiscal quarters, ending March 31, 2008.
As a result of the industry's increased demand for an efficient means of digital content distribution for retailers and publishers, Protexis REDSM experienced a record quarter-over-quarter gross sales growth rate of 82%, resulting in a 232% increase in quarterly sales volume in that time period, and a 159% increase in total units sold in that same time period. In addition, April results showed a nearly 40% increase in RED sales over the prior month.
The Protexis RED catalog currently includes over 630 software titles from over 340 recognized software publishers available for digital download at the following retail sites: TigerDirect.com, CompUSA.com, PCClub’s ClubIT.com, and Microsoft’s Windowsmarketplace.com. The catalog is steadily growing by about 75 to 100 titles per month, making it one of the fastest growing digital software catalogs in the history of digital distribution. Publishers and retailers interested in participating in retail electronic distribution can learn more at http://www.protexis.com/services.
"2008 is shaping up to be a record year for Protexis," said Karl Hirsch, CEO. "We expect this rapid growth to continue as more and more retailers and publishers realize the importance of digital content distribution through established online retailers. Protexis RED is a much-needed solution that efficiently enables retail electronic distribution for online retailers. The company is continuing to gain momentum on a daily basis and I am very excited about what lies ahead for 2008 and beyond," he added.
Protexis is the leader in digital content distribution for retailers. The company’s patented REDSM system enables the first and only open, neutral and efficient network for online digital content distribution. Protexis brings retailers and publishers together, giving them trusted control, to reach an expanded global community of millions of customers, efficiently and securely. Protexis currently serves large online retailers and over 2,750 software publishers. The company holds a total of six issued and 12 pending United States and international patents, and continues to focus on increasing its portfolio of intellectual property. Protexis is privately held, with headquarters in Vancouver, British Columbia, and offices in Seattle. For more information, please visit www.protexis.com.
RED is a service mark of Protexis.