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| Success Story | PRINT | | Cobent Continues Impressive Growth in 2009 |
London (UK), January 2010 – Cobent, a software provider for compliance training and learning-management solutions, grew substantially in 2009. Howard Sears, CEO of Cobent, comments, "Cobent's results show a significant increase in performance and profits - with revenues almost doubled and profits of over five times last year's numbers."
"This has occurred mainly because of significantly increased interest by clients in delivering compliance through auditable training-management solutions. The service that Cobent provides to its clients helps to ensure training compliance for the entire organisation and also improves employees' efficiency, corporate profitability, and bottom-line performance."
During the past twelve months, Cobent has won a number of new business accounts across all of the sectors in which it operates including life sciences, financial services, government, and retail.
Tony Dillon, Cobent's COO, explains, "Cobent's growth has come because we are at the forefront of software design and development. During 2009 we launched our ground-breaking modular learning-management suite, LMS Select, and we have an ambitious new product suite planned for launch later this year to complement our existing LCS product and help our clients enhance their strategic compliance."
Sears adds, "Increasingly, Cobent is becoming a global player in the compliance software market. We are focused this year on increasing investment in both our team and product innovation. The year 2010 is going to be a very exciting one for us, with a number of new hires in key positions and a number of new and enhanced products and services to extend our global footprint even further".
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