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DownStream Technologies Posts 15% Year-to-Year Sales Growth
March 29, 2017 | DownStream Technologies, LLCEstimated reading time: 1 minute
DownStream Technologies has posted a sales revenue increase of 15% overall in 2016 as compared to 2015. The driving factor behind these strong numbers was a continued demand across the entire product line including a 50% increase in sales from DFMStream and a 33% increase from BluePrint-PCB, as both products continue to lead the industry in their respective categories.
By region, the company was pleased to announce a 46% sales increase in Asia, a 10% increase in the United States and European sales coming in even as compared to 2015.
“We are extremely pleased with our financial performance in 2016. We credit our success to our model of constant product improvement and leadership in the marketplace, as well as increased adoption of DFM technology within the mainstream PCB design market,” said Rick Almeida, one of DownStream’s founders. “We also saw a strong increase in performance from our partnership licensing model."
DownStream is cautiously optimistic for 2017. “We are off to a strong start in 2017, with our commitment to delivering customer-focused solutions continuing to pay dividends,” said Almeida.
DownStream also reported a record 66% increase in profit margin as the company maintained expenses in 2015. “Even with continued growth, our strategy of maintaining a streamlined and nimble company structure has positioned us for continued growth,” said Almeida.
About DownStream Technologies
DownStream Technologies, LLC is a software and services company focused on helping engineering organizations optimize and automate the PCB Release Process. Our tools redefine how engineering professionals post-process PCB designs to create and distribute all the deliverables required for a complete PCB assembly release package. CAM350® provides verification, optimization and output generation to efficiently drive PCB fabrication. DFMStream® is a comprehensive, yet easy-to-use tool suite designed to help engineers and designers verify design and manufacturing rules on PCB design databases, Gerber and NC data any time during the PCB design cycle. BluePrint for Printed Circuit Boards® works with CAM350® (and other PCB CAD systems) to help users quickly produce comprehensive electronic drawings to drive PCB fabrication, assembly and inspection processes. More information about DownStream can be found at downstreamtech.com
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