Jolly Technologies

Jolly Achieves Record Channel Sales
Jolly's Q1 FY 2013 results mark the company's 29th consecutive quarter of growth and unprecedented channel sales

SAN CARLOS, Calif. – June 26, 2012 – Today Jolly Technologies, a market leader in secure identification and tracking software, announced a record-breaking quarter of channel sales revenue and year-on-year revenue growth of 5.1% for its first quarter of FY 2013. While, overall revenue growth was modest, the achievement of the highest channel sales in company history made the quarter special.

“Our channel sales team had been struggling to find new areas of growth. We took a hard look at the processes we had in place and were able to eliminate factors that were preventing growth and led to excessive spending. Change is never easy but we now have a tremendous team in place that can focus on providing excellent partner customer service while sales and marketing costs are kept in check. The result is our partners achieve more sales wins, which is great for Jolly and our partners,” says Sandeep Jolly, President and CEO of Jolly Technologies.

“Achieving higher revenue results while considerably reducing costs is a big step in the right direction for Jolly. The better than expected channel sales compensated for lower results from other sources of income this quarter and maintained Jolly’s streak of uninterrupted year-on-year quarterly growth.”

Jolly’s recently expanded partnership with Zebra has also been very well received by the company’s channel partners. Zebra’s state of the art printer line offers cutting edge technology that is a natural complement to Jolly’s product line. The partnership has allowed both companies channel sales partners to offer complete solutions that feature industry leading technology in both software and hardware.

About Jolly Technologies
Jolly Technologies, founded in 2000, develops and distributes a suite of secure identification software products, including ID Flow photo ID software, Lobby Track visitor management software, Event Track - event management software, Time Track - time and attendance software, School Track - student attendance software, Member Track - membership management software, Asset Track - asset management software, Label Flow - barcode label software and a variety of other custom security products. As the recognized leader in the rapidly growing secure identification market, Jolly Technologies is partnered with the industry's largest hardware manufacturers to offer complete solutions through our channel partners. Based in San Carlos, California, Jolly Technologies is one of the world's fastest growing software companies. For more information, visit http://www.jollytech.com or call toll-free 1-888-25-JOLLY.

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© 2012 Jolly Inc. All rights reserved. All other trademarks are the property of their respective owners.

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