Mediachase Year in Review: 2010

Mediachase announces 20% growth in sales and three product releases for 2010. Continued growth and success is anticipated for 2011.

Los Angeles, CA – January 31, 2011 – Mediachase is pleased to announce an exceptional end to 2010. The past year saw more nearly 20% revenue growth and three new releases of the flagship product, the Mediachase eCommerce Framework (ECF™). Continuing its fifth straight year of double-digit growth, Mediachase added multiple enterprise businesses to its client list, including such household names as Remington Products, Stanley Black & Decker, The Coffee Bean & Tea Leaf, and The Knot. With continued success from loyal customers and the exciting addition of new clients and partners around the world, 2010 saw extraordinary growth driven by the significant increase in ECF licensing sales. Mediachase was also named to the Inc. 5000 Fastest Growing Companies list for the second year in a row, moving over a thousand positions higher in a single year.

2010 was a landmark year for the ECF™ product, with three new releases that delivered valuable upgrades and new functionality to the Mediachase Solutions Partner network. The Mediachase Product Team released ECF G5 Version 5.1 in April, which included major improvements to the Content Management and Customer Management systems, as well as the extension of the Business Foundation Engine. In September, ECF G5 Version 5.1 Service Pack 1 was released with further upgrades, such as enhanced Marketing and Promotions engines and additional features, in addition to continued improvements to the Catalog Management system. The Mediachase Product Team’s continued efforts led to yet another improved release, ECF G5 Version 5.2, which was made available to Mediachase Solutions Partners at the end of 2010. The full public release of ECF G5 Version 5.2 is expected in the first quarter of 2011. This advanced version includes major platform enhancements to the XML subsystem and Business Foundation Engine, as well as significant improvements to Order Management, Promotions, and search capabilities. In addition to the soon-to-be available ECF G5 Version 5.2, further developments and upgrades to incorporate .NET 4.0, Visual Studio 2010, MVC, and other technologies are in store for 2011. “We continue to provide our partners and customers with the leading framework for innovative solutions to their eCommerce needs,” said Senior Vice President of Product Development, Tim Blanchard. “One of the advantages of the ECF is our commitment to improving the framework our customers use to be successful. We will continue our success of 2010 with an aggressive plan for the ECF in 2011.”

The global demand for the ECF led to a significant expansion of the Mediachase Solutions Partner network, which includes companies in North and South America, Europe, and Australia, in 2010. Mediachase added many industry-leading digital agencies, marketing firms, and software/systems integrators to the network as part of a partner-driven sales and implementation model. This strategic development of the Mediachase Solution Partners Program demonstrates the expanding global reach of Mediachase, which in turn will drive sustained expansion in 2011 and beyond.

Another key milestone for Mediachase in 2010 was the partnership with EPiServer, a global web content management leader. Alongside EPiServer, the Mediachase Product Team helped establish the ECF as the foundation of EPiServer Commerce, launched in June 2010. With this new ECF-based product and platform, EPiServer was able to realize its goal of a unified and consolidated solution for content, communication, community and now - commerce. The expansion of the Mediachase community of partnerships included EPiServer, SLI Systems and other strategic technology and software partners. This gives ECF customers enhanced access to best-of-breed applications and services while maximizing choice and customization in their eCommerce implementation.

Looking ahead to 2011, Mediachase plans to continue the momentum of 2010 and actively drive continued success through improved product offerings and an expanded partnership network. “We are very proud of the growth and success of the Mediachase family including its clients, partners, and products in 2010,” said Mediachase President Julie Magbojos. “We are eager to continue its expansion and are very excited for the future.”


About Mediachase
Mediachase designs, integrates, and builds innovative software products, and tools for companies needing to streamline internal and external business activities. With thousands of customers worldwide, Mediachase is committed to improving the business lives of people implementing connected systems. Mediachase software combines the stability and support of commercial products with openness and choice by including source code and engaging developer communities with each of its software platforms. The flagship ASP .NET eCommerce Framework (ECF) powers hundreds of eCommerce sites globally, and is the .NET commerce platform of choice for industry-leading companies, enterprises, and agencies. For over twelve (12) years Mediachase software has enabled seamless, successful implementations for our customers and worldwide network of partners and developers.

Founded in 1997, Mediachase is a privately held company headquartered in Los Angeles, California, with offices in Washington, DC and Kaliningrad, RU

CONTACT INFORMATION:
Mediachase:
Joe Grause
202-355-7125
Joseph.grause@mediachase.com
www.mediachase.com

Mediachase designs, integrates, and builds innovative software products and tools to streamline internal and external business activities. The flagship ASP .NET eCommerce Framework (ECF) is the .NET commerce platform of choice for industry-leaders.

Mediachase
529 14th St NW Suite 1206
Washington, DC 20045

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