|
IntraLinks' Revenues Rise More Than 40% in 2004 Company's revenues top $36 million
New York, March 11, 2005 IntraLinks, Inc., a leading provider of on-demand workspaces to the financial services and pharmaceutical industries, today announced total net revenue for the fourth quarter of 2004 exceeded $10 million, marking the 12th consecutive quarter of growth. Revenues for the year grew more than 40% from 2003, exceeding $36 million. The increase was derived in part from the growth of the company's business in the United Kingdom, Europe and Asia.
"We believe that our success in 2004 reflects the growing need for on-demand workspaces as a better way to manage complex business processes, as well as heightened importance placed on regulatory compliance," said Patrick Wack, President and Chief Executive Officer of IntraLinks. "The talented and dedicated team at IntraLinks has repeatedly proven its ability to create new product categories; a record of accomplishment we look forward to continuing in 2005."
IntraLinks' services facilitate the exchange of critical business information across enterprise boundaries by providing on-demand workspaces to companies in the debt capital markets, mergers & acquisitions and clinical drug trials sectors.
About IntraLinks IntraLinks (www.intralinks.com), a leading provider of on-demand workspaces, connects business communities and accelerates the intelligent flow of information and documents among participants. Through IntraLinks' secure, neutral, online environments, companies are better able to compete globally by accelerating essential business processes, simplifying communication and fostering rapid workflow. IntraLinks is easily accessible anywhere, anytime using a web browser.
Since April 1997, more than 200,000 participants representing over 10,000 organizations worldwide have used IntraLinks on-demand workspaces to communicate and collaborate on more than 20,000 projects and transactions. IntraLinks has been rapidly adopted by the financial services and pharmaceutical markets. Over 250 global companies are IntraLinks clients, including AstraZeneca Pharmaceuticals LP, Bank of America, Bear Stearns, Deutsche Bank, Ernst & Young, FDIC, JPMorgan Chase, TD Securities, Thomas Weisel Partners and WestLB. Founded in June 1996, IntraLinks is headquartered in New York with offices in Boston and London.
|