Record Results

Pinnacle Software Pty Ltd (trading as Coordimax) announce record results

Martin O'Connor CEO of Coordimax-Pinnacle (www.coordimax.com) advises the financial year 2008-2009 has been the most successful ever for Coordimax – Pinnacle


Sydney, Australia - 27 August 2009 - Coordimax-Pinnacle are pleased to report record revenue growth and profitability for financial year 2008 – 2009.

Martin O'Connor CEO of Coordimax-Pinnacle (www.coordimax.com) advises the financial year 2008-2009 has been the most successful ever for Coordimax – Pinnacle’s Asset and Facilities Management software business.

Revenue increased by over 45% compared to the 2007-2008 financial year. O'Connor was quoted as saying “it is particularly gratifying in the current tough economic environment to grow our business by delivering savings and efficiencies to our customers”.

“Our focus for this financial year is maintaining tight cost control whilst continuing to grow the customer base organically and using Joint Ventures” O'Connor stated “..we are currently in the early stages of negotiating a couple of JV's giving us access to new markets and opportunities”

Coordimax-Pinnacle software's Asset Management applications enable onerous reporting requirements to be effortlessly delivered whilst also tracking warranty and support issues.

The lease management asset tracking part of our business has also seen significant growth said O'Connor, with our next focus on launching our (building) Carbon Footprinting solution.
Facilities Management using Coordimax-Pinnacle enables companies like Cole's, Brookfield Multiplex, Department of Defence and Qantas to ensure the most cost effective resources are used to maintain facilities and tracks profitability by asset.