iDatix Corporation CEO Discusses Record Results for 2003 – Sees Significant Growth Ahead

CLEARWATER, Fla. - March 2, 2004 -- iDatix® Corporation, a leading provider of business process automation solutions for the paperless enterprise, announced record financial performance for 2003 and projected significant revenue growth for the upcoming year.

"2003 was truly a breakthrough year for iDatix", said Steve Allen, the company’s founder and CEO. “With major implementations at Market Street Mortgage, ISPE, and NetBank, we more than doubled our revenues. We are maintaining profitability while we aggressively expand our R&D program. Our clients have told us that they value this evidence of our long-term commitment to their continued success."

In 2004, iDatix expects this growth spurt to continue. "The launch of iSynergy SBS signals that we have extended the reach of our technology to the SMB (small/medium size business) user. This launch has been a key factor in the signing of a number of new resellers who are spreading the word about the availability of enterprise-level technology to the small office and departmental market," says Allen. Additionally, iDatix announced Progression, a revolutionary rules-based workflow product, with immediate availability.

To make room for continued growth, the company has recently relocated to its headquarters to its new location at 15201 Roosevelt Blvd., Suite 104, Clearwater, FL 33760.

iDatix Corporation, privately held and based in the Tampa Bay area, develops and installs solutions providing dramatic and measurable results. The company’s flagship product suite, iSynergy, has been specifically designed to leverage unique technology components to automate the collection, processing, storage, and retrieval of both paper and electronic documents: an end-to-end solution truly unmatched in the industry.

Press Contact
727-441-8228
PR@iDatix.com