TORONTO, ON (February 13, 2006) – Clarity Systems, a leader in corporate performance management (CPM) solutions, today announced its 2005 fiscal results, ended September 30, 2005, reporting a 38 per cent annual revenue growth.
Clarity Systems’ revenue is generated solely from its CPM product and services, the company’s focus and specialization. Clarity’s revenue grew from $16 million in 2004 to $22 million in 2005 due to the growth of its client base with the implementation of 65 new performance management projects. The majority of Clarity’s clients are large market players, and 2005 saw the addition of Global Fortune 2000 and Canada Top 1000 company Shoppers Drug Mart, leading US companies, including HOLT CAT and Safe Auto Insurance Company, and nonprofit organization, CFED, who acquired CPM through Clarity’s gift-in-kind program.