Virtual Data Room Provider, Firmex, Hits Major Company Milestone and Revenue Growth

LogoFirmex Inc, a leading provider of virtual data room solutions, today announced it reached and surpassed its 1,000 customer. The company milestone occurred in late December 2011. Despite the mixed economic sentiment in 2011, Firmex signed over 300 new customers and achieved 53% GAAP revenue growth. According to a recent report by IBIS Research, the industry as a whole grew 17% in the same period. “This is a significant achievement for the company,” commented Joel Lessem, CEO of Firmex. “Our dedication to delivering superior service and data room technology with a pricing model that makes sense for the way our customers do business, is paying off.” Firmex accelerated considerably in its 5th year of operation, signing 30% of its overall customer base.