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Mindjet UK achieves strong sales growth of 28% in 2010

Celebrating a record 2010, the UK office doubles its headcount to meet growing demand and takes on major corporate clients to reach 1.8 million users globally.

Johannesburg, 08 Mar 2011

2010 saw record success, with sales growth of 28% for Mindjet UK, the leading provider of software and Web-based applications for visually organising and managing information and ideas. Adoption by paid users grew by 42% between FY 09 and FY 10, which helped bring the total users globally to nearly 1.8 million. The UK region also doubled the size of its workforce, and supported this rapid expansion with a move to new headquarters in Brentford, London, to continue its success in 2011.

The year represented the most aggressive launch schedule in the company's history, including the introduction of five new products and add-ons in the MindManager suite, and a native-built CRM visualisation application - DealNavigator - leading to record sales in Q4. Mindjet also landed impressive customer wins with recognised brands such as BMW, Cisco, Credit Suisse, Daimler and Dow Chemical.

Key 2010 milestones

UK

* 42% increase in paid users between FY 09 and FY 10.
* 28% growth in sales bookings, resulting in the workforce doubling and a move to new headquarters.

Global

* Reached nearly 1.8 million total paid users globally, adding more than 295K paid users during FY 10 - a 94% increase from FY 09.
* Increased year-over-year bookings by 21% from FY 09.
* Recorded the strongest Q4 sales in the company's history, with a 36% bookings increase globally compared to Q4 09.
* Launched the MapsforThat community, an online map sharing site that grew to more than 300 maps with 20 000 members in just four months.

Major product releases

* Launched MindManager Version 9 for Windows, Mindjet Deal Navigator for salesforce.com, MindManager MapShare, MindManager Explorer for SharePoint and MindManager 8 for Mac.
* Released MindManager Version 9 for Windows, becoming the essential first stop for Microsoft Outlook and Microsoft Office users who wish to visualise their ideas and create plans, projects and presentations.
* Launched Mindjet Deal Navigator for salesforce.com CRM, applying Mindjet visualisation capabilities for dramatically-improved enterprise sales planning and account management.
* Introduced MindManager MapShare to let users of Microsoft SharePoint easily open, review and interact with MindManager maps through their browsers (with no client software required).
* Expanded MindManager's value through new extension, MindManager Explorer for SharePoint, to let users discover, organise and act on SharePoint tasks and documents.
* Amplified the benefits of MindManager for Apple users with release of MindManager 8 for Mac that provided integration with native software such as iCal, Address Book and iWork.
* Completed eight additional upgrade and service releases totalling 13 launches during the year.

2011 plans and events

Mindjet organises a road show throughout Europe to explain its new focus and demonstrate to companies how visual information management and project planning can increase productivity and drive efficiency. Two events are being held in the UK on 9 March, London; and 10 March, Manchester. Please see here for more details.

Supporting quotes:

Chris Harman, Regional Vice-President for Northern Europe, Middle East and Africa:

* “While many businesses in the UK have been affected by a challenging economy, Mindjet had a strong 2010 and we plan to build on these results as we expand our company, footprint and customer success in 2011.

“Our success is testament to a dedicated focus on customer success and a strong product suite that meets the demands of a busy and information-centric business environment. Mindjet demonstrates that the 'must have' solutions are those that drive business productivity and efficiency gains.”

Resources:

Mindjet Blog: http://blog.mindjet.com/
Mindjet on Facebook(R): http://www.facebook.com/mindjet
Mindjet's YouTube(R) Channel: http://www.youtube.com/mindjet
More Mindjet news: http://www.mindjet.com/media-center/overview

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