Satuit Technologies Reports 80% Earnings Growth


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Satuit Technologies Enjoys Strong Earnings in 2009

Norwell, MA – February 9, 2009 – Satuit Technologies, Inc., the leading
provider of customer relationship management (CRM) solutions for investment
professionals, today announced that the company’s earnings for 2009 grew by
80% year over year. The company credits its strong client retention and the
growth of it’s sales force for the strong results.

“2009 was a building year for us. We took advantage our surplus cash and of
the market conditions to add staff, in sales, programming and client
support,” said Karen Maguire, CEO of Satuit. “There was a lot of strong
talent out there and we were in a position to make some bold moves. We also
saw our reputation for success in the asset management industry bear fruit
as we won larger deals against much larger competitors.”

The continuing trend for hosted solutions also played a role with SatuitCRM
On-Demand outpacing the On-Premise solution exceeding a rate of nine out of
every ten deals. But 2009 brought renewed interest in on-premise
deployments of SatuitCRM. Satuit is in the unique position of being able
to deliver the same software and service for both hosted (Software as a
Service) clients and more traditional on-premise deployments. The
flexibility was a key element for some deals won by Satuit in 2009.
Approximately 11% of Satuit’s total client base has installed SatuitCRM on
their own servers, but these clients represent more than 28% of all users.

Unlike other CRM solutions that target the investment professional market,
SatuitCRM was designed and built for investment professionals, by investment
professionals. Satuit’s growth serves as evidence that investment
professionals benefit from a solution that mirrors the way they work,
eliminating much of the learning curve of other CRM solutions available.

About Satuit Technologies

Satuit Technologies, Inc. is a global leader in sales force automation (SFA)
and client relationship management (CRM) solutions the professional
investment market. The company’s SatuitCRM system was designed to enable
asset management and hedge fund companies to increase sales, better serve
their clients, master information-intensive business relationships, and
reduce costs. With offices in the United States and the United Kingdom,
Satuit serves clients in more than a dozen countries as well as every major
financial center. Satuit Technologies was founded in 1994 and is privately
held. For additional information on Satuit Technologies, visit: or call 781.871.7788.


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