Wednesday, April 05, 2006

Convio, Inc. Achieves Solid First Quarter Performance; Year-Over-Year Revenue Up Significantly by More Than 55 Percent

Convio, Inc. Achieves Solid First Quarter Performance; Year-Over-Year Revenue Up Significantly by More Than 55 Percent: "Convio, Inc. Achieves Solid First Quarter Performance; Year-Over-Year Revenue Up Significantly by More Than 55 Percent
AUSTIN, Texas--(BUSINESS WIRE)--April 5, 2006--Convio, Inc. -- the leading provider of on-demand software and services to help nonprofits use the Internet for building strong constituent relationships and driving support -- began 2006 with continuing momentum, increasing first quarter revenue more than 55 percent year-over-year. The company's strong start this year follows revenue growth of approximately 50 percent for each of the last two calendar years.

Driving Convio's steady growth is the nonprofit sector's increasing demand for the company's market-leading online constituent relationship management (eCRM) software and services. New customers announced in Q1 2006 include The National Multiple Sclerosis Society and its 50-state network of chapters to support 1,100 fundraising special events. The company has grown its customer base more than 50 percent in the past year and now serves more than 550 nonprofit organizations."

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