Cerillion Turnover Up by 17% as Profit Doubles

London, 9th December 2010 – Cerillion Technologies, an innovative provider of next generation customer management systems, today announced its audited results for the financial year ending 30th September 2010, with turnover up 17% and EBITDA surging by an impressive 119%. During the year, the company secured five completely new customers, with significant wins achieved in the Americas, EMEA and Asia Pacific regions confirming Cerillion’s status as one of the leading suppliers of business support systems (BSS) globally.

In addition, healthy recurring revenues from existing clients and five major system upgrades to the latest Cerillion version, means the company goes into 2011 with a very healthy backlog and an extremely positive outlook for further growth in the year ahead.

Notable in Cerillion’s success is the diversity of the business that the company is winning in both mature and emerging markets. This includes convergent CRM and Billing solutions for Cable, MVNO, WiMAX and Multi-play communications services providers (CSPs); supporting wholesale and retail operations; and delivering integrated solutions and managed services.

“The openness and flexibility of the Cerillion platform is absolutely key in enabling us to address such a breadth of business models using the same core software,” commented Louis Hall, CEO, Cerillion Technologies. “This ability to support any kind of service has helped us to adapt quickly to changing market conditions, and I am delighted to report Cerillion’s continued growth and another very encouraging set of results for 2010.”
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