Irisys Revenues More Than Double in 2010By Irisys, PRNE
Tuesday, March 29, 2011
Hi-tech Firm Sees Record Results and Announces Major Recruitment Drive
LONDON, March 30, 2011 - Irisys, a global leader in infrared based solutions, has announced record
results for the 2010 financial year with revenues more than double those of
The Northampton-based company saw particularly strong growth in its queue
management solutions (www.irisys.co.uk/queue-management/) in North
America, as used by major retailers including Tesco and Morrisons as a key
part of their strategy to drive customer satisfaction. Customer counting
(www.irisys.co.uk/people-counting/) technologies, used by retailers
such as Vodafone, Abercrombie and Fitch, and M&S to enhance shop performance,
also saw strong uptake, as did thermal imaging (
www.irisys.co.uk/thermal-imaging/) solutions, particularly for the
fast-growing security market.
Managing Director David Clayson said that he also expected 2011 to be
buoyant. "We have seen a stronger than predicted rebound in our markets
following the global downturn in 2009," he explained. "Our strategic
investments in areas such as security, industrial thermal imaging and
healthcare, as well as improved products in our core markets of counting and
queuing, are paying off, and we have our largest ever open order book for the
start of the New Year. We are now the acknowledged world leader in queue
management (www.irisys.co.uk/queue-management/) and people counting
(www.irisys.co.uk/people-counting/), with an installed global base far
larger than any other company."
Irisys exports over 80 per cent of its products, and has seen strong
growth in European and North American markets for all of its products.
To meet increasing demand, Irisys has embarked on a major recruitment
The 90-strong company plans to increase its workforce by 20 per cent
in 2011, and is seeking top flight engineering, R&D, and production staff.
In February 2011, Irisys announced the receipt of a grant from the UK
Department of Health to develop a groundbreaking automatic handwash
and alerting system for the National Health Service that
aims to reduce the effects of hospital 'superbugs', and thereby help to save
some of the GBP1bn annual cost of such infections.
Irisys is a UK innovator in award winning technologies that make a
significant, measurable impact on business efficiency, and improve the
quality of people's lives.
Irisys is a high technology manufacturing success story, exporting
British technology all over the world, and regularly featuring in the Sunday
Times Tech Track list of fastest growing technology companies. The company
invests double digit percentage of revenues in R&D, and holds over 70
patents. One in six employees has a PhD.
Irisys is the global leader in people counting technologies and real time
queue management solutions. Its infrared thermal imaging solutions are used
by some of the world's leading retailers to boost customer service,
operational efficiency and profitability. Irisys pioneered the introduction
of very low cost thermal imaging cameras for industrial applications, and its
security technologies are predicted to transform the intruder detection
market. Irisys healthcare solutions aim to make hospitals safer and cleaner,
and improve home monitoring for the elderly and infirm.
Media contact: Richard Strange Strange PR Tel: +44(0)7976-851797 For further information contact: Ian Wilcock Chief Operating Officer Irisys Tel: +44(0)1604-594200
Media contact: Richard Strange, Strange PR, Tel: +44(0)7976-851797, richard at strangepr.com For further information contact: Ian Wilcock, Chief Operating Officer, Irisys, Tel: +44(0)1604-594200, E mail: ian.wilcock at irisys.co.uk
Tags: Irisys, London, March 30, United Kingdom