VALHALLA, N.Y., March 28, 2011 — Rev2, the leading provider of next-generation risk management solutions, today announced that the Company achieved operational profitability in the fiscal year ended December 31, 2010. Rev2, which began shipping its RiskView framework and visualization application in September 2008, is a privately held corporation.
For FY2010, the Company is reporting Net Income in the black. Both Total Income and Gross Profit (Total Income less Total Cost of Goods Sold) more than doubled compared to FY2009.
“We are pleased to report that the growth of our new entry is tracking on schedule,” said Lou Steinberg, CEO and Founder of Rev2. “Our fiscal year in 2010 was marked by continued expansion of RiskView deployments within our existing customer base as well as penetration into new markets, notably Manufacturing and Financial Services. ”
About Rev2
Rev2 is the leading provider of next-generation risk management solutions. Our RiskView® Risk Concentration Analysis™ framework identifies, compares and prioritizes vulnerabilities throughout the business. Rev2 offers tailored RiskView solutions for Service Providers, Manufacturers, Financial Services, Government organizations, and other Enterprises.
RiskView solutions enable our customers to identify the risks that represent the business’s greatest vulnerabilities, and address these vulnerabilities before they impact the bottom line. This provides them with an unprecedented competitive advantage by helping them to maximize the realization of existing business opportunities. Our customers typically realize ROI within weeks.
Contact us today for a Proof of Concept tailored to your business: 400 Columbus Ave., Suite 240E, Valhalla, N.Y. 10595, 914.614.8600. http://rev2.com, info
rev2
com (inforev2com) .
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Copyright © 2011, Rev2. All rights reserved. The RiskView® application is a registered trademark of Rev2. The Rev2 Managing Risks That Matter™ logo design and the Risk Concentration Analysis™ (RCA) methodology are trademarks of Rev2. All other trademarks in this document are the properties of their respective owners.
