Jolly Technologies

Jolly's Q3 Revenue Up 43% - Continues Expansion
Jolly Achieves 27th Quarter of Uninterrupted Growth

SAN CARLOS, Calif. – Dec 13, 2011 – Today Jolly Technologies, a market leader in secure identification and tracking software, announced financial results for its fiscal 2012 third quarter. The Company posted continued growth and record sales numbers with revenue increasing by 43% compared to the Company’s fiscal 2011 third quarter revenue.

“We are thrilled with the Company’s exceptional third quarter results,” says Sandeep Jolly, Jolly’s CEO. “The third quarter included many exciting developments at Jolly that have strengthened our core business. We released version 6 of our product line. We grew the product line with the release of several new tracking products. And we have expanded virtually all of our teams, filling several key positions. These changes will allow Jolly to continue to provide innovative, industry leading solutions and top-tier service to our customers and partners.”

New products include software for event tracking, time and attendance, student tardy and attendance tracking and membership management.

“Looking forward to the fourth fiscal quarter of 2012, we remain very enthusiastic as our new products continue to establish themselves in the market,” said Mr. Jolly. “The fourth quarter will also mark the introduction of our new mobile tracking solutions.”

New free trial downloads of Version 6 can be found at http://www.jollytech.com and are available to dealers in Jolly Technologies' Partner Zone.

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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© 2011 Jolly Inc. All rights reserved. All other trademarks are the property of their respective owners.

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