SALT LAKE CITY - January 9, 2009 - MasterControl Inc., a global provider of quality, audit, and document management software solutions, today announced that it has posted record sales during the 2008 fiscal year. Despite a sluggish economy MasterControl has increased revenue 44 percent over the course of fiscal year 2008.
"MasterControl software solutions have proven to be a good investment for our clients, especially in a tough economic environment when companies are trying to cut costs and limit the need for additional headcount," said MasterControl CEO Jonathan Beckstrand. "Our solutions save customers money by automating and streamlining business processes throughout the enterprise."
MasterControl is a leader in the field of providing quality, audit, and document management software solutions to manufacturers around the world. MasterControl specializes in industries that are highly regulated or follow strict quality standards set by organizations such as the FDA or ISO. The Web-based MasterControl system provides a central, secure repository where users can store, collaborate on, search for, and approve critical documents. Headquartered in Salt Lake City, Utah, MasterControl Inc. has grown each year since its inception in 1993.
The primary reason for MasterControl's increased revenue growth is the company's focus on customer success. MasterControl customers have reported that MasterControl solutions have given them an edge that allows them to rise above their competition.
Patrick DeVillier, Senior Director of Compliance for MasterControl customer A.P. Pharma said: "I believe MasterControl has assisted A.P. Pharma from a competitive perspective by allowing a small number of people to manage an enormous amount of information so efficiently that we've been able to set and maintain very aggressive timelines. That, in turn, I'm certain has saved the company a great deal of money."
Anne Howell, Director of Training and Development for Community Blood Center of the Carolinas, another MasterControl client, agrees. "We've reduced our efforts by not having to shuffle papers," Howell said. "We have been able to reduce time, effort, and cost in a lot of different ways, probably the biggest way is the ability to go paperless. Our staff is able to access anything they need immediately."
MasterControl customers and staff are looking forward to continued growth and prosperity in 2009. "I am excited for 2009 in that MasterControl's new Version 8.0 looks to be their best release to date," said Bob Lundberg, eVent Medical, Inc.'s VP Regulatory Affairs/Quality Assurance and member of MasterControl's Customer Advisory Board. "We feel it will save us countless days and dollars throughout our organization."
To learn more about MasterControl software solutions and the industries served by MasterControl Inc., visit the MasterControl website.
About MasterControl Inc.
MasterControl Inc. is a global provider of quality control, audit, and document management software solutions for manufacturing companies. MasterControlâ„¢ products are easy to use, easy to deploy, easy to validate, and easy to maintain. They incorporate industry best practices for automating and connecting every stage of the product development cycle, while facilitating regulatory compliance. By combining an integrated platform with a continuum of risk-based software validation products and services, MasterControl drives down the total cost of ownership and enables customers to extend their investment across the enterprise. Companies count on MasterControl solutions to help keep costs and headcount in check by providing easier compliance, faster validation, and better process management. For more information, visit the MasterControl website, or call 800-825-9117 (U.S.) or +44 118 9812838 (Europe) or 03-6801-6147 (Japan).