VFA Named to Software Magazine’s 24th Annual Software 500
for Fourth Consecutive Year
Industry-Leading Facilities Capital Planning Software Provider Boasts 36 Percent
Growth in Software License Revenue in Ranking of World’s Largest Software Companies
BOSTON, MA – October 24, 2006 – VFA®, Inc., the
leading provider of end-to-end solutions for facilities capital planning and asset management, has been
named for the fourth consecutive year to the Software 500, Software Magazine’s list of the
world’s foremost software and services providers. VFA was ranked 431st this year, reflecting
an increase in software product revenues of more than 36 percent from 2004 to 2005, and of more
than 500 percent over the past four years. By expanding existing customer relationships and adding
more than 30 new accounts, VFA grew its total sales from the previous year by more than 70 percent,
to $23 million.
“We are honored that Software Magazine has recognized VFA’s achievements for the fourth
straight year,” said Jerry Kokos, President and CEO of VFA, Inc. “VFA continues to build on
our success in providing solutions that enable organizations to strategically manage their facility
capital assets. Our revenue and sales growth speaks to the growing adoption of our feature-rich,
Web-based solutions that promote optimal decisions about capital investments.”
VFA’s software suite is part of its award-winning, technology-based Capital Planning and
Management Solution (CPMS™) that integrates facility assessments, software products and
business consulting services to aid organizations in strategically managing every stage of the
capital asset lifecycle—from requirements gathering and long-term planning to capital budget
creation and spend management.
The VFA software suite includes:
- VFA.facility® enables organizations to manage information about
facility assets and leverage that information for capital projects, plans and budgets.
- AssetFusion® for Maximo® links VFA.facility with MRO™ Software’s Maximo,
integrating work order, inventory, procurement and service management.
- VFA.auditor™ helps organizations to quickly and cost-effectively evaluate the condition of their
facility portfolio by guiding personnel in facility audits.
- Mezzia™ enables organizations to manage the entire capital spending process, streamlining capital
budget creation, requisition processing, purchasing and reconciliation of expenditures.
“Overall, total 2006 Software 500 revenue of $380.8 billion worldwide for 2005 represents just under a 1
percent decline from the previous year, when total revenue was $383.3 billion,” says John P. Desmond, Editor
of Software Magazine and Softwaremag.com. “Total employees in the 2006 Software 500 declined just under 5 percent,
from 2,663,023 at the end of 2004 to 2,539,872 at the end of 2005.”
The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers targeting
medium to large enterprises, their IT professionals, software developers and business managers involved in software and
services purchasing. The Software 500 is searchable by primary business sector on www.Softwaremag.com,
free to all site registrants.
About Software Magazine, The IT Software Journal and Softwaremag.com
Software Magazine, the IT software journal, has been a brand name in the high tech industry for over 20 years.
Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500
ranking of the world’s largest software and services companies, now in its 24th year. Software Magazine and
Softwaremag.com are owned and operated by King Content Co.
About VFA
Headquartered in Boston, VFA, Inc. is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA's Capital Planning and Management Solution (CPMS™) uniquely combines facility assessment services, Web-based software, and business consulting services to enable clients to manage every stage of the capital asset lifecycle—from requirements gathering and long-term planning to capital budget creation and spend management. VFA has helped over 300 organizations in education, federal, state and local government, healthcare and corporate markets to strategically manage more than two billion square feet of real estate. For more information, please call 800-693-3132 or visit
http://www.vfa.com.
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