ClearMomentum Closes 2009 with Record Growth

Posted on January 26, 2010

ROCHESTER, N.Y.–(EON: Enhanced Online News)–ClearMomentum, Inc., a Financial Performance Management (FPM) software and services company, announced record growth in 2009. The company has now achieved 5 consecutive quarters of sequential growth and has bolstered its already strong presence in Capital Managers with significant wins in the Corporate arena, including American Rock Salt and Infotonics Technology Center. New Capital Managers customers adopting ClearFinancials® , the flagship Software-as-a-Service offering, in 2009 include Alpine Investors, Monomoy Capital Partners, Nautic Partners, and Peninsula Capital Partners.


Alpine Investors: Based in San Francisco, Alpine Investors’ objective is to invest in or acquire small to mid-sized U.S. based companies. The firm’s capital, $247 million under management, may be used to provide full or partial liquidity to entrepreneurs, family members, estates, passive investors or corporate owners.


American Rock Salt: Founded in January 1997 by Joseph Bucci, Gunther Buerman, and Neil Cohen, American Rock Salt is the first successful salt mine to be built in the United States since 1960.


Infotonics Technology Center: A New York State Center of Excellence 501(c)(3) organization formed by a consortium of industry and government to promote economic growth through world-class MEMS innovation.


Monomoy Capital Partners: A $280 million private investment firm dedicated to constructive investing and business improvement in the smaller end of the middle market ($50 to $300 million in annual revenues).


Nautic Partners: Founded in 1986, Nautic Partners is a middle-market private equity firm with over $2.5 billion of equity capital and more than 100 investments under management.


Peninsula Capital Partners: An investment company founded in 1995 and specializing in subordinated 
debt and structured equity investments in superior middle-market companies. 
Through four private limited partnerships, they control over
$800 million of investment capital.


ClearMomentum provides executive managers and capital providers with an affordable performance management solution that turns data into actionable knowledge by combining financial strategy with business analytics, modeling, and budgeting. The solution provides unmatched functionality, speed and usability. New features added to ClearFinancials® in 2009 include scorecards, built-in document repository, and the User Report Designer. See www.clearmomentum.com



Contacts

ClearMomentum
Martha MacPherson, 585-393-1734
Director of Sales & Marketing
mmacpherson@clearmomentum.com

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