pan>)--New River Kinematics (NRK), producer of SpatialAnalyzer (SA), announces
record revenue and earnings in 2011 with a 21% revenue growth over the
previous year. Over the past five years, NRK has maintained a greater
than 20% average year to year growth.
Significant international growth and continued worldwide demand for
SpatialAnalyzer in a variety of industries has fueled NRKs growth.
International sales account for approximately 40% of NRKs revenue with
the greatest growth occurring in Europe and Asia.
NRKs core software package, SpatialAnalyzer, is quickly becoming the de
facto standard portable metrology software in manufacturing plants
throughout the world. SpatialAnalyzer interfaces with over 120 different
portable metrology instruments and continues to partner with all the
leading instrument manufacturers to meet the needs of new instruments as
they are introduced. SpatialAnalyzer is primarily used in the aerospace,
shipbuilding, automotive, energy, and satellite industries for both
advanced and day-to-day applications.
NRK President Paul Collins says, We are pleased with the tremendous
growth of SA users as more and more manufacturers around the globe look
to increase efficiencies by adopting the SpatialAnalyzer solution. We
expect 2012 to be another strong year of growth for NRK both
internationally and domestically as end-users find that SpatialAnalyzer
increases the value of their portable metrology instruments.
SpatialAnalyzers versatility with a variety of instruments in a
multitude of settings makes it the leading choice in portable metrology
software.
http://www.kinematics.com
New River Kinematics, a Williamsburg, Virginia based company is a
leading provider of portable metrology software to companies around the
world. Its flagship product, SpatialAnalyzer, specializes in spatial
transformations, data fitting, geometry construction, analysis,
reporting, robot calibration, and 3D CAD data exchange for manufacturers
worldwide.

Information Source: Business Wire