February 9, 2016

| 1 min read

Maintenance Assistant doubles revenue in 2015

Toronto, Canada – February 9, 2016 – Maintenance Assistant Inc, the industry leading provider of cloud-based maintenance and asset management software, finished 2015 with another record year of growth by doubling total revenue over 2014. “Year-on-year revenue growth was strong across our subscription business as we continued to rapidly attract new customers to our platform in Q4, growing revenue by more than 200% over the same period last year. Throughout 2015, we concentrated on building on our solution while investing in our marketing infrastructure to drive our long term growth,” said Marc Castel, CEO. Revenue for 2015 was up more than 100% over last year, supported by strong customer acquisition, which rose by 45%.

“In addition to a string of strategic product development initiatives in 2015, we focused on building disruptive go-to-market strategies which were key in driving this unprecedented growth,” added Shane Skiffington, Vice President, Marketing. “Our multi-channel strategy focuses on being completely transparent with potential customers about every aspect of our offering, which continues to be welcomed by the market.”

Outlook for 2016

“Looking to the coming year, we’ll continue to challenge the legacy providers in the enterprise market by providing a fully connected, best-in-class maintenance and asset management platform to facilitate our customers’ success. Building on our existing organizational capabilities to propel our platform development and go-to-market proficiency will be our top priority. ” said James Novak, COO. “With this focus, we’re confident that we will maintain this growth trajectory based on the remarkable momentum we’re already carrying into 2016.”

About Maintenance Assistant

Maintenance Assistant provides cloud-based maintenance and asset management software to thousands of customers around the world. Incorporated in 2008 and headquartered in Toronto, Canada, Maintenance Assistant’s products are used by organizations of all sizes to properly handle corrective, preventative and condition-based maintenance for equipment and assets. Learn more at fiixsoftware.com.

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