Infopia reported an increase of 24% in new sales bookings and 20% in earned revenue in the first quarter of 2009 as over 300 clients processed over 700,000 online transactions. Infopia provides an ecommerce platform for online merchants designed to increase online sales conversions.
"We are very happy with our Q1 results especially in light of the tough economic conditions across the board and in particular in the retail sector," said Coleman Barney, CEO Infopia. "This sizeable growth in revenues is a testament to the resilient nature of our clients and how they use our tools and services to increase sales in the online world."